UAH at comfort level, US dollar down on data

Макроэкономика 02.04.2015 Yesterday's publication of PMIs across the major economies reported an increase in the Eurozone's PMI index while US manufacturing appears to be headed for another slowdown despite the March index being expansionary, i.e. above 50 points. This divergence between the US and Eurozone manufacturing sectors caused the US dollar index to decline 0.17% while the euro gained 0.30% to the dollar. The hryvnia's FX rate weakened slightly yesterday (albeit within its newfound comfort zone of 23.5) , pushing its trade-weighted down 2.59%.