US-purchasing managers ‘ index remains at 8-month Low: Markit

FXStreet – the Index Of U.S. purchasing managers remained above the growth threshold of 50 points, signalling but the weakest improvement in business conditions since last September, according to the market research institution Markit on Thursday. The most recent set of data indicates a continuing slowdown in growth of the 22-month High, which was reached […]

Canadian purchasing managers ‘ index comes back in may, something

FXStreet – The mood in the canadian industry deteriorated in may. The market research Institute Markit raised the purchasing managers ‘ index fell month-on-month by 0.8 points to 55.1 counter. Nevertheless, he is still in the vicinity of the Six-year-highs, which was reached in April. The sub-indices for production, new orders and employment increased. ** […]

After good economic data: US stock lift

FXStreet – The U.S. stock exchanges on Thursday with a Start. Good ADP Figures confirmed the overall strength of the US labour market, which is an important aspect for any economy. The employment growth in the US private sector had exceeded even the most optimistic forecasts and expectations of the official US report, which will […]

USD/CHF jumps to the North after good US data

FXStreet – The Dollar failed against the Swiss franc in European business, first to the brand of 0,9700. Then it went to a short-term support at 0,9690, prompting a recovery movement began, the currency pair USD/CHF on 0,9719 catapulted and a new intraday high marked. Most recently it was listed on 0,9697 and to 0.19 […]

AUD/USD: risks still on the bottom – Commerzbank

FXStreet – The Australian Dollar is likely to remain under pressure as long as it trades below the 200-day line at 0,7530, explained Karen Jones, head of FICC Technical analysis at Commerzbank. Important Quotes: The negative Bias for the currency pair AUD/USD remains below the 200-day line intact. The market has eroded the 20-day line […]

US ISM: USD/CAD on the retreat

FXStreet – The Greenback is holding its gains against the canadian Dollar. Last traded the currency pair USD/CAD on 1,3501 and to 0.01 percent in the Plus. USD/CAD focus on US ISM The currency pair posted since Friday profits and recovered from the deep Pullback in the previous week on a new Multi-week Low below […]

AUD/USD: bears have taken over

FXStreet – The selling interest around the Australian Dollar remains strong. In consequence, slipped the currency pair AUD/USD on 0,7380 and marked a new 3-week Low. Blame, among other things, the good Figures from the US are likely to have been the private sector. In the United States, the employment of the private sector in […]