Post Tagged with: "ISM Non-Manufacturing PMI"
Forex Daily Outlook – November 3 2011
ISM Non-Manufacturing PMI in the US and Services PMI in the UK are the main events lined up. Let’s see what awaits us today. G20 Meetings (Day 1), the Group of Twenty (G20) is an important global policy-making figure effective at the uppermost level, which impact the cash markets. In the US, Unemployment Claims, measures
Forex Weekly Outlook – Oct. 31-Nov. 4
The US dollar dropped sharply as the euphoria from Europe replaced fear. Will this continue? The upcoming week is very busy: rate decisions in the US, the euro-zone and Australia, the G-20 Meetings and Non-Farm Payrolls. Here is an outlook on the major market-movers ahead. Last week the US economy grew at an annual pace
EUR/USD Oct. 5 – Rally Finds Limits
Euro dollar is trading in a narrow range after a strong rally yesterday. The optimism about bank recapitalization and the new found Greek cash fades as economic data provides a reality check. We have important figures in the US today, data that will provide significant hints towards the Non-Farm Payrolls. Here’s a quick update on technicals, fundamentals and
Forex Daily Outlook – October 5 2011
ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI in the US as well as key releases in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, monthly indicator of Job creation and affects the consumer spending, is
Forex Weekly Outlook – October 3-7
After consolidation and correction, the tables turned in favor of the dollar once again and as a new quarter begins, the calendar is very busy. Rate decisions in the euro-zone, Britain, Australia and Japan and a grand finale with US Non-Farm Payrolls are at the top of our market-movers list this week. Here is an
US Services Sector Continues Growing Nicely – USD/JPY Rises
US ISM Non Manufacturing PMI rose from 52.7 points to 53.3 points in August, above expectations, that stood on 51 points. This means that growth continues in America’s largest sector. The dollar reacts with a small rise against the yen, but retreats against the beaten euro. This may reverse later on, as this lowers the
EUR/USD Sep 6 – Swiss Sugar Rush Fades Away
Euro dollar was saved from the abyss by the super strong Swiss move to hold EUR/CHF above 1.20. But this effect is fading away as the reality of the debt crisis resumes its weight on the pair. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Downfall
Forex Daily Outlook – September 6 2011
ISM Non-Manufacturing PMI in the US and Halifax HPI in the UK are the main events lined up. Let’s see what awaits us today. In the US, ISM Non-Manufacturing Purchasing Managers’ Index (PMI); measurement of the relative level of business conditions based on a monthly survey, slightly reduced from the last month to 51.3 points
Forex Weekly Outlook –September 5-9
This week’s most important events are the rate decisions in Australia, Japan, Canada, the UK and in the Euro-Zone and employment data in Australia, and Canada. Here is an outlook on all the major events awaiting us this week. Last week the overall picture in the US has worsened after a flat reading of non-farm
EUR/USD Aug 3 – Breaking Higher on Rising Retail Sales, Swiss Weakness
Euro dollar managed to break resistance, after two failed attempts. European retail sales rose by 0.9%, better than 0.5% that was expected. The Swiss move to curb the strength of the franc, also against the euro also pushes EUR/USD higher. Also a “ceasefire” from the bond vigilantes helps. It bounced off a higher resistance line. Is