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Tag: PMI
US Dollar Forecast: European PMI Figures in Focus; Gold, GBP/USD and EUR/USD Outlook
GBP/USD Price Chart – Source: Tradingview The GBP/USD is trading at $1.26396, up 0.24%, while gaining strength near the central…
US Dollar Forecast: PMI Surprises Shake Up Gold, GBP/USD, and EUR/USD Outlook
GBP/USD Price Chart – Source: Tradingview GBP/USD is trading at $1.27185, up 0.14% on the session, reflecting a cautiously bullish…
ISM Services PMI Drops To 52.1; NASDAQ Index Tests Historic Highs
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US Dollar Forecast: ADP Jobs Data and ISM PMI to Influence Gold, GBP/USD, and EUR/USD Outlook
GBP/USD Price Chart – Source: Tradingview The GBP/USD is trading at $1.26794, up 0.06%, and remains just above its pivot…
Composite PMI Rises To 55.3, Beating Analyst Expectations
The services PMI improved to 57.0 in November from 55.0 in October, compared to analyst forecasts of 55.2. The services…
Gold: Safe-Haven Demand Boosts Prices Ahead of PMI Data
Meanwhile, on the daily chart, price is recovering to retest the 22-SMA after a recent reversal to the downside. The…
ISM Manufacturing PMI Drops To 46.5, Missing Analyst Expectations
The Institute for Supply Management noted: “Demand remains subdued as businesses remain reluctant to invest in capital and inventories due…
US Dollar Price Forecast: Euro Falls as PMI Data Disappoints; Gold, GBP/USD, EUR/USD Outlook
GBP/USD Price Chart – Source: Tradingview On the downside, support is found at $1.2926, followed by stronger levels at $1.2908.…
ISM Services PMI Rises To 54.9, Beating Analyst Estimates
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Composite PMI Drops To 54.4, Exceeding Analyst Expectations
The services PMI fell from 55.7 to 55.4, largely in line with the analyst consensus of 55.3. The composite PMI…