USD Gains on ISM Data, GBP Slides on Hard Brexit Fears, AUD Up After RBA

The greenback traded higher against most of the other G10s, perhaps due to the ISM manufacturing PMI surprisingly signaling expansion. The big loser was the pound, which came under selling pressure on disagreement between the EU and the UK with regards to whether the UK should abide to EU rules. The big winner was the Aussie, which received a boost after the RBA adopted once again a less-dovish-than-expected language.

ISM Manuf. PMI Signals Expansion, Pound Slides on EU-UK…