Published: 2026-02-02T20:34:35.000Z
North American Summary and Highlights 2 Feb
2
Overview - The USD advanced both before and after a stronger ISM manufacturing index.
North American session
After a subdued European morning the USD gained momentum in North America, both before and after a January ISM manufacturing index of 52.9, up from 47.9 in December and the strongest since August 2022. USD/JPY rallied to 155.70 from 154.80 while EUR/USD fell to 1.1785 from 1.1870. EUR/GBP to .8630 from .8660 but EUR/CHF advanced to .9190 from .9160. USD/CAD advanced from 1.3630 to briefly touch 1.37 but AUD/USD was fairly stable near .6950.
The Labor Dep’t announced that because of a partial government shutdown the January non-farm payroll scheduled for Friday would be delayed. President Trump announced a trade deal with India.