ISM SERVICES PMI TALKING POINTS: The services sector fell for November with a reading of 53.9, downfrom last month’s reading of 54.7 and missing expectations of 54.5 Markets remain largely… Continue reading "US Dollar Index Rises Despite Weak ISM Services Figure"
UK Election Analysis and Talking Points Most Accurate Election Poll Expects Conservative Majority Conservative Majority Would Propel GBP/USD Higher BREXIT TIMELINE Most Accurate Election Poll Expects Conservative Majority Overnight, the… Continue reading "Most Accurate Election Poll Predicts Conservative Majority, GBP/USD Rises"
NFP Analysis and Talking Points US Nonfarm Payrolls rose by 128k in October, above expectations of 89k; Prior month revised higher to 180k US Average Hourly Earnings broadly in line… Continue reading "US Dollar Rises on Strong NFP Report"
MARKET DEVELOPMENT – US Dollar Rises on GDP, South African Rand Crashes, CAD Eyes BoC DailyFX 2019 FX Trading Forecasts USD: The US Dollar is on the front foot following… Continue reading "US Dollar Rises Ahead of Fed, South African Rand Crashes, CAD Eyes BoC"
CONSUMER SENTIMENT REPORT PROPELS GOLD LOWER, S&P 500 HIGHER Market gains bolstered by the latest University of Michigan Consumer Sentiment report that topped expectations Consumers expect less inflation moving forward… Continue reading "Gold Sinks, S&P500 Rises Further on Solid Consumer Sentiment Data"
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