Australian Dollar, AUD/USD, US Dollar, AU Trade Balance, Technical Outlook – Talking PointsMarket sentiment remains fragile as equity traders search for directionAustralia’s trade balance data is in focus as stronger US Dollar bitesAUD/USD...
ISM SERVICES KEY POINTS:ISM Services PMI at 56.7 in September versus 56.00 expectedResilient services sector activity data backs case for Fed to remain on a hawkish pathU.S. dollar extends gains on better-than-forecast results
Trade...
The ISM services survey is one of the best forward-looking metrics of US economic strength and it was surprisingly strong in September at 56.7 vs 56.0 expected.That news sent the US dollar higher...
US Dollar (DXY) AnalysisMarkets appear to be speculating on a stalling Fed in light of recent US dataDXY faces sizeable support as selling pressure appears to be dissipating. Bullish and bearish scenarios assessed...
- Reviewed by Nick Cawley, October 5, 2022The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. As a result, the ISM manufacturing, construction and...
