United States ISM Manufacturing PMI came in at 56, above forecasts (55.4) in May

FXStreet.com (Barcelona)

Jun 2, 2014

USD/JPY jumps to fresh highs after ISM 'correction'

After declining from 102.25 to test the 102.00 area amid the earlier ISM release that showed a contraction in the manufacturing index, the USD/JPY reacted to the upside following the ISM 'correction' to 56.0, its highest number in 2014.

USD/CHF hits fresh 3-month highs

The US dollar gained momentum during the American session and reached fresh highs across the board, pushing the USD/CHF toward 0.9000.