Posts Tagged ‘NonManufacturing’
EUR/USD: Trading the ISM Non-Manufacturing Report
Author: Germina Lake
The U.S. ISM Non-Manufacturing index is projected to increase to 53.5 in July from 53.3 in the previous month, and the rebound in service-based activity could spark a bullish reaction in the greenback as it accounts for more than two-thirds of the economy.
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EUR/USD: Trading the U.S. ISM Non-Manufacturing Report
Author: Germina Lake
Service-based activity in the U.S. is expected to expand at a slower pace in February, with market participants forecasting the ISM index to fall back to 59.3 from 59.4 in the previous month, and the slowdown in private sector activity could weigh on the exchange rate as growth prospects deteriorate.
View full post on DailyFX – Trading News Events