US Session: Better US ISM Data Boosts Risk Appetite As Markets Shrug Off CIT News





G10 Advancers and Decliners vs USD
CHF 0.83
EUR 0.75
GBP -0.31
JPY -0.95
Today’s data has been awash with PMI releases out of Europe, which were all broadly in line with forecasts (Eurozone, Germany), or better than expected (Sweden, Italy, France, UK). There was very little impact on FX markets after the releases, no doubt due to the more significant central bank meetings and data releases coming up in the remainder of the week. EURUSD drifted between 1.4730 and…

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