The greenback remains firm and climbs to multi-day highs.
Final Manufacturing PMIs, ISM Manufacturing PMI next of note.
The single currency starts the new trading week on the defensive and drags EUR/USD back below the 1.0800 mark, or 5-day lows.
EUR/USD looks at data, ECB
EUR/USD retreats for the second session in a row and revisits the sub-1.0800 region at the beginning of the week amidst the continuation of the strong recovery in the dollar and a so far tepid bounce in US yields.
In the meantime, recent hawkish comments from Fed’s policymakers seem to have supported the upside momentum in the buck, putting the pair under pressure despite Friday’s PCE results showed the disinflation remains well in place in the US economy.
Later in the session, final Manufacturing PMIs are due on both sides of the Atlantic along with the key US ISM Manufacturing, Construction Spending and the sp
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