Post Tagged with: "ISM Non-Manufacturing PMI"
EUR/USD Feb 3. – Edging Higher Before the NFP
Euro dollar is ticking up above minor resistance and in a narrow range. All eyes are now on the US Non-Farm Payrolls, which hold high expectations but could disappoint. A deal in Greece is still awaited but some optimists are already moving to the pessimists camp. How will the pair end this tense week? Here’s an
Forex Daily Outlook February 3 2012
We summarize this week Unemployment Rate in the UK and Services PMI in the US are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Unemployment Rate, measures total work unemployed force (by percentage) that looking for jobs during the last month. More in the US, The
Forex Weekly Outlook Jan. 30- Feb. 3
The US dollar made a big retreat for a second week in a row. Will it continue falling? The Non-Farm Payrolls release is the highlight of a very busy week, which includes many figures from the US . Here is an outlook on the main market-movers coming our way. Ben Bernanke weakened the dollar with
Forex Daily Outlook January 5 2012
ADP Non-Farm Employment Change in the US and Ivey PMI in Canada are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report that is important for monetary health, value new unemployment insurances over the last week, decrement is due from 381K down to 375K now. More in the
Forex Weekly Outlook January 2-6 2012
The dollar edged up in the last week of 2011. US employment data is the highlight of the opening week of 2012, among many other US figures. Trading volume is expected to return to normal after the holiday break. Here is an outlook on the major events at hand. Last week the EUR/USD plunged to
US ISM Non-Manufacturing PMI 52 – Under Expectations
This means that the services sector is growing at a slower pace. Early expectations stood on a rise from 52.9 to 53.6 points. The services sector is the largest in the US. Also US Factory Orders disappointed with a drop of 0.4%. A rise of 0.2% was predicted. This breaks the nice stream of positive
EUR/USD Dec. 5 – Rising on Hopes for Central Bank Action
Euro dollar is moving up gradually at the wake of this critical week. There are reports about another coordinated action by the Federal Reserve, the euro-zone central banks and the IMF to inject €100 billion or more to debt struck countries. In addition, the ECB may finally be preparing the massive QE program worth €1 trillion.
Forex Daily Outlook December 5 2011
We start the week with some interesting events like ISM Non-Manufacturing PMI in the US and Services PMI in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI); Monthly Survey to value the business conditions
Forex Weekly Outlook December 5-9
The debt crisis in Europe will continue taking the center stage, with the climax being the EU Summit on Friday. Rate decisions in Europe, the UK, Australia and New Zealand are other highlights in this busy week. Here is an outlook on the major market-movers lined up. Non-Farm Payrolls came out as expected, but the
EUR/USD Nov. 3 – Depressed by Greek Referendum Certainty
Euro dollar is settling in a lower range after the meetings that preceded the G-20 meetings made it clear that the Greek referendum will go through on December 4th/5th. Greece’s euro-membership is on the cards. Today we have the euro-zone first rate decision by Mario Draghi and quite a few important US events. Here’s a quick