Post Tagged with: "PMI"
Forex Daily Outlook – March 24th 2009
The economic calendar is fully packed on Tuesday: PMI data from Europe, price information from Britain and many major speeches fill this day. Take a deep breath… As the day starts in Greenwich, Japanese Monetary Policy Meeting Minutes will be published. After the Swiss and American moves to devalue their currencies, do the heads of BOJ
Forex Daily Outlook – March 2nd 2009
The EU Crisis Summit didn’t provide big headlines, but Monday has a lot of important economic figures. The major ones are the British Manufacturing PMI, Canadian GDP and the American ISM Manufacturing PMI. Yes, PMI is everywhere… In PM (Purchasing Manager’s Index), a level under 50 indicates contraction. The expectations everywhere are in the 30s. Let’s see
Forex Weekly Outlook – February 2-6 2009
The first week of February unfolds lots of interesting data: Rate decisions in Europe, Britain and Australia, as well as the king of Forex indicators: Non Farm Payrolls. Lets dive in to the major events this week. This time, it’s a more concise edition that last week’s… Sunday, February 1st: Yes, there’s something worth mentioning
Forex Daily Analysis – December 16th 2008
The US dollar retreated some more on Monday, especially against the Euro. USD.EUR currently stands at 1.3691, breaking resistance of 1.35. Also the British pound managed to get away from the 1.50 pivot spot, now trading at 1.5278. GBP/USD struggled more than the Euro. The loonie (USD.CAD) and the chocola (USD/CHF) also weakened – USD