US ISM Non-Manufacturing PMI | May 3, 2017 | Forex Trading

US ISM Non-Manufacturing PMI is the last significant tradable release on jobs and economy before Friday’s NFP, and considering the majority labor force is Non-Manufacturing based, a strong/weak reading today will surely impact the market’s expectation. 10:00am NY Time US ISM Non-Manufacturing. PMI Forecast 56.1 Previous 56.2 Deviation: 2.5 (BUY USD 58.6 / SELL USD 53.6) […]

US ISM Non-Manufacturing PMI | April 5, 2017 | Forex Trading

US ISM Non-Manufacturing PMI is a leading indicator and we should see plenty of market reaction if we get a surprise release today… Considering the US service’s sector encompasses over 75% of the labor force, this will surely tilt Friday’s NFP release expectation… 10:00am NY Time US ISM Non-Manufacturing. PMI Forecast 57.1 Previous 57.6 Deviation: 2.5 […]

US ISM Non-Manufacturing PMI | March 3, 2017 | Forex Trading

US ISM Non-Manufacturing PMI is a leading indicator but since it is not released at the week with Nonfarm Payroll, I’d stay on the sideline unless we get our tradable deviation… 10:00am NY Time US ISM Non-Manufacturing. PMI Forecast 56.6 Previous 56.5 Deviation: 2.5 (BUY USD 59.1 / SELL USD 54.1) Trade Plan U.S. ISM Non-Manufacturing PMI is […]

US ISM Non-Manufacturing PMI | February 3, 2017 | Forex Trading

US ISM Non-Manufacturing PMI is a leading indicator and especially important during a NFP week; but since it is scheduled AFTER NFP, I would pay attention to it but stay away unless we get a strong surprise as the aftershocks from NFP should still be in full effect. 10:00am NY Time US ISM Non-Manufacturing. PMI […]

US NFP (Nonfarm Payroll) Employment | February 3 , 2017 | Currency News

US NFP is expected to be around 170K, and with recent releases showing a positive trend, Fed rate hikes, and Trump bulls, any stronger than expected release should continue to support USD strength.  Unless we get a much weaker figure today, I’ll not trade against USD for an extended period of time. 8:30am (NY Time) […]

US ISM Non-Manufacturing PMI | January 5, 2017 | Forex Trading

US ISM Non-Manufacturing PMI is a leading indicator and if it goes in the same direction as the earlier ADP release, market should position ahead of the BLS release on Friday, but if the opposite is true, or a conflict between these releases, I’d recommend to use caution and stay out. 10:00am NY Time US […]

US ISM Non-Manufacturing PMI | December 5, 2016 | Forex Trading

US ISM Non-Manufacturing PMI is a leading indicator but because it’s scheduled after the all important Nonfarm Payroll and the fact Feds is likely to hike rates this month, I would only take a trade if we get our tradable deviation. 10:00am NY Time US ISM Non-Manufacturing. PMI Forecast 55.3 Previous 54.8 Deviation: 2.5 (BUY […]

US ISM Non-Manufacturing PMI | November 3, 2016 | Forex Trading

US ISM Non-Manufacturing PMI is a leading indicator and especially important as services sector in the US covers over 70% of businesses, and particularly important during a Nonfarm Payroll week. I would definitely take a trade if we get our tradable deviation today. 10:00am NY Time US ISM Non-Manufacturing. PMI Forecast 56.2 Previous 57.1 Deviation: […]

US ISM Non-Manufacturing PMI | October 5, 2016 | Forex Trading

US ISM Non-Manufacturing PMI is a leading indicator and especially important as services sector in the US covers over 70% of businesses, thus a strong release will go a long way in the eyes of economists and even the Feds alike.  Obviously, any strong surprise today would give us a hint as to what Friday’s […]

US ISM Non-Manufacturing PMI | September 6, 2016 | Forex Trading

US ISM Non-Manufacturing PMI is a leading indicator and especially important as services sector in the US covers over 70% of businesses, thus a strong release will go a long way in the eyes of economists and even the Feds alike.  Obviously, any strong surprise today would give us a hint as to what Friday’s […]

US Prelim GDP q/q | August 26, 2016 | Forex Trading

US Prelim GDP release is the second release for the 2nd quarter of 2016, which is expected to drop from the 1.2% reading on the advanced release.  With recent employment figures turning for the better, a stronger GDP reading could spark another round of USD strength buys. 8:30am (NY Time) USA Prelim GDP q/q Forecast 1.1% […]

US ISM Non-Manufacturing PMI | August 3, 2016 | Forex Trading

US ISM Non-Manufacturing PMI is a leading indicator and especially important as services sector in the US covers over 70% of businesses, thus a strong release will go a long way in the eyes of economists and even the Feds alike.  Obviously, any strong surprise today would give us a hint as to what Friday’s […]

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