- Chicago PMI falls more than expected in January.
- US Dollar Index holds in the positive territory above 90.50.
The data published by the ISM-Chicago showed on Friday that the Chicago Purchasing Managers' Index (PMI) in February dropped to 59.5 from 63.8 in January. This reading came in worse than the market expectation of 61.1 and showed that the economic activity continued to expand at a softer pace.
This data doesn't seem to be having a significant impact on the greenback's performance against its rivals. As of writing, the US Dollar Index was up 0.45% on a daily basis at 90.54.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.