{"id":48972,"date":"2021-08-02T20:50:51","date_gmt":"2021-08-02T16:50:51","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48972"},"modified":"2021-08-02T20:50:52","modified_gmt":"2021-08-02T16:50:52","slug":"usd-extends-losses-after-pmi-reading","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/usd-extends-losses-after-pmi-reading\/08\/02\/market-updates\/","title":{"rendered":"USD Extends Losses After PMI Reading"},"content":{"rendered":"\n<p>The U.S. Dollar (USD) is maintaining a downward trend on Monday, opening the week with a negative performance across the board.<\/p>\n\n\n\n<p>The Dollar Index (DXY) that measures the greenback against a basket of six major international currencies is down by 0.18% at 92.<\/p>\n\n\n\n<p>Earlier today, the index touched a daily low of 91.91 during the European session.<\/p>\n\n\n\n<p>The USD\u2019s decline comes despite the fourteenth consecutive positive reading of the Institute for Supply Management (ISM) Manufacturing Purchasing Managers\u2019 Index (PMI).<\/p>\n\n\n\n<p>However, the PMI decreased in July by 1.1% to 59.5%.<\/p>\n\n\n\n<p>The New Orders Index registered 64.9%, decreasing 1.1%.<\/p>\n\n\n\n<p>The Production Index registered 58.4%, falling by 2.4%.<\/p>\n\n\n\n<p>Meanwhile, the Employment Index registered 52.9%, rising by 3%.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Dollar (USD) is maintaining a downward trend on Monday, opening the week with a negative performance across the board. The Dollar Index (DXY) that measures the greenback against a basket of six major international currencies is down by 0.18% at 92. Earlier today, the index touched a daily low of 91.91 during the &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31006,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6934,6871],"class_list":["post-48972","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-dxy","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=48972"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48972\/revisions"}],"predecessor-version":[{"id":48973,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48972\/revisions\/48973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31006"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=48972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}