Tag: ISM

US dollar climbs as ISM services data argues for higher Fed rates for longer

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...

How Forex Traders Use ISM Data

- 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...

Gold Prices May Rise Short-Term After Soft US ISM Data Crushed the US Dollar

Gold, XAU/USD, ISM Manufacturing, Technical Analysis - Briefing:Gold prices rally the most in months as the US Dollar fellSoft US ISM Manufacturing data cooled Fed rate hike betsA rosy day for risk appetite...

FX Week Ahead – Top 5 Events: RBA Rate Decision; RBNZ Rate Decision; US ISM Services; Canada Jobs Report; US NFP

FX Week Ahead Overview:The first week of October puts attention on central banks, with the Reserve Bank of Australia and Reserve Bank of New Zealand rate decisions on tap.With no Federal Reserve meeting...

S&P 500 and Nasdaq 100 Extend Gains Despite Weak ISM Manufacturing Data

ISM MANUFACTURING KEY POINTS:September ISM manufacturing falls to 50.9 from 52.8 in August, missing expectations for a more modest decline to 52.2The slowdown in factory activity suggests the U.S. economy may be teetering...

The @Newsquawk Market Open: GBP & Gilts buoyed by UK U-turn; ISM & Central Bank speak due

US Market Open: Pound and Gilts buoyed by a UK U-turn; ISM & Central Bank speak dueFull Note incl PodcastEuropean equities have kicked the week off on the backfoot following the selling pressure...

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