US October 2018 PMI’s on 24.10.2018.

  • Manuf PMI prior 55.6.
  • Services PMI 54.7 v 54.0 exp, prior 53.5.
  • Composite PMI 54.8 vs 53.9 prior.

In contrast to the European PMI’s US’ are holding up, should keep the bid tone for the USD in place unless we get a larger disappointing housing number in a bit. Keeping EURUSD shorts for now.

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