020 7898 0500The US dollar continued to strengthen on Tuesday against the majority of its peers, despite weaker-than-expected data releases. The Institute for Supply Management (ISM) Manufacturing Purchase Managers’ Index showed marginal growth for the sector in August that was slower than anticipated – the lowest figure since May 2013.
With the focus on this week being on the non-farm employment change data on Friday, we can look forward to a related indicator due out today. There is expected to show a slight increase on the previous month’s figures, with non-farm productivity expecting to show positive signs of growth.
