U.S. Dollar Strengthens as ISM Manufacturing PMI Surpasses 50

Monday, 1 April 2024, 16:18

The article discusses the recent performance of the U.S. Dollar against major currency pairs like EUR/USD, GBP/USD, USD/CAD, and USD/JPY, highlighting the impact of the ISM Manufacturing PMI crossing the 50 threshold. With the U.S. Dollar reaching new highs, investors are closely watching the trends and forecasts for these currency pairs to gauge future market movements.
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U.S. Dollar Strengthens as ISM Manufacturing PMI Surpasses 50

U.S. Dollar Gains Momentum

The U.S. Dollar is showing strength across major currency pairs, including EUR/USD, GBP/USD, USD/CAD, and USD/JPY. The recent surge comes as the ISM Manufacturing PMI surpasses the critical 50 level, indicating positive growth in the manufacturing sector. Investors are closely monitoring the performance of these pairs to anticipate market movements in response to the Dollar's uptrend.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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