The preliminary Markit PMIs for February will lead the US data calendar on Friday, as market participants continue to look for any signs of concern related to the novel coronavirus. JPY has strengthened across the board (+0.25% vs USD), analysts at TD Securities inform. Key quotes “The surveys released so far related to Markit PMIs for Feb have not only failed to flag any issues but have also surprised to the upside.” “We look for existing home sales to decline 2.3% m/m in Jan following the firm 3.6% rise registered in Dec.” “Lastly, a number of Fed officials will be participating in the Chicago Booth’s US Monetary Policy Forum that is scheduled to start at 10:15am ET. Key participants include Fed voters Clarida, Brainard and Mester, and the ECB’s Philip Lane.” “JPYUSD is trading ~3.5% rich on our tactical model, suggesting the ominous rally sits on thin ice especially as major global equity benchmarks look overbought.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Cardano launched hardfork OBFT; ADA/USD extends the recovery FX Street 2 years The preliminary Markit PMIs for February will lead the US data calendar on Friday, as market participants continue to look for any signs of concern related to the novel coronavirus. JPY has strengthened across the board (+0.25% vs USD), analysts at TD Securities inform. Key quotes “The surveys released so far related to Markit PMIs for Feb have not only failed to flag any issues but have also surprised to the upside.” “We look for existing home sales to decline 2.3% m/m in Jan following the firm 3.6% rise registered in Dec.” “Lastly, a number of Fed officials will be… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
