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US dollar falls after weaker ISM data

Yields has reversed into negative territory after the weaker than expected ISM nonmanufacturing PMI data. Prices paid was at the lowest level since May 2020. Employment turned into contractionary territory. New orders were lower as well. Not a good report.Looking at US yields:2 year 4.45% -5.4 basis points5 year yield 3.801% -4.0 basis points10 year yield 3.662% -3.1 basis points30 year yield 3.862-2.1 basis pointsAt the start of the US session, the two-year was 10 basis points higher in the ten... Read More

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Dollar

Falls

After

Weaker

Data

Forex

Posted: Jun 5 2023, 14:28

Author Name: forexlive

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