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Tag: PMI
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…