PMI

Daily Forex Market Preview, 23/08/2018 The U.S. dollar was trading flat on Wednesday. Economic data was most limited. The Fed released its monthly meeting minutes. The minutes showed that officials were concerned about the impact of trade…
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The monthly PMI figures for the month of June signaled that the UK’s economy was poised for a rebound. Data from Markit/CIPS indicated a mixed report, but the overall factor was that business conditions were improving. Following the…
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Daily Forex Market Preview, 03/07/2018 The U.S. dollar was seen posting strong gains on the first trading day of the third quarter as the greenback rose 0.4% on the day. The gains coincided with the ISM's manufacturing PMI rising to 60.2…
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Daily Forex Market Preview, 02/07/2018 The euro currency was seen posting strong gains from the start on Friday. The gains came as news outlets reported that the EU summit saw the region's leaders agreeing to solutions on the European…
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The Bank of England's monetary policy meeting is scheduled for this week on Thursday. According to the economists polled and the market watchers, the UK's central bank is expected to leave interest rates unchanged at this week's meeting.…
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The US Dollar Index failed to stabilize last week, even after central bankers have sent a clear message to the market that the easy monetary policies are coming to an end. Such remarks were supposed to push currencies higher. The US Dollar…
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The week ahead will see a fresh set of economic data for the month of June. The economic releases coming out this week include the manufacturing PMI data from China, the UK, US, and the eurozone. Later in the week, the FOMC meeting…
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The week ahead is marked by a fresh trading week for the markets and with it comes a fresh set of economic data. Standing out among a host of economic releases will be the Fed's FOMC meeting minutes from the March meeting and the payrolls…
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USD Strikes Again After a long weekend, the US Dollar came back earlier today during the Asian session with another strike, rising above 101.0, reaching as high as 101.20’s until this report is released. The Japanese Yen is the biggest…
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USD Index Review Yesterday, despite the fact that the US economic releases came in with mixed outcomes, but mostly negative, the US Dollar was gaining momentum, trading near the session high around 100.40. However, Donald Trump decided to…
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