June 2: American session
Tatiana Norkina, an analyst at FBS
Negative statistics from the United States restrain the growth of the dollar index (the index of manufacturing activity ISM dropped to the level of 53.2 last month, while analysts forecasted an increase to 55.5). However, the USD quickly returned to today's high of 80.60. U.S. stock markets opened quite positively, but the indices immediately went into the red zone. So DJIA is currently losing about 0.11 % and S & P500 - 0.30%
Some turmoil is observed in the currency markets. European currency is not supported by the PMI data, which came out worse than expected. As a result, the bulls were forced to withdraw from the market, allowing the exchange rate EUR/USD pair fall under the 1.3600 figure. Now trades are carried slightly higher, but the bearish sentiment could inspire market participants. GBP/USD pair is consolidating near the critical level 1.6750 . Positive attitude is observed for the pair USD/CHF, which returns to 0.8980 highs today. A currency pair USD/JPY has broken resistance figures 102.00, recovering to around 102.30 today.