US growth has accelerated also in February also in the US services sector according to ISM. The services PMI is showing warming growth conditions in the biggest sector in America. A score of 57.6 means sound and solid growth. The closely followed New Orders component is up from 58.6 to 61.2 points. Prices paid actually slipped to 57.7 and the [...]
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As we discussed in our video, political opinion polls in France have a growing influence on the euro. And on this Friday, the polls have a bigger impact and for good reasons. Centrist candidate Emmanuel Macros is not only consolidating his gain against center-right candidate Françios Fillon but according to one poll, he already leads the first round. Knocking [...]
The post EUR/USD bounces from lows on two French opinion polls appeared first on Forex Crunch.
The services sector has slowed down in February: a score of 53.3 points or a drop of 1.2 points is not insignificant. GBP/USD falls off previous trading ranges and dips below 1.2230. The third, last, and most important purchasing managers’ index from the UK, the services PMI, was expected to slip from 54.5 to 54.1 in [...]
The post UK Services PMI misses with 53.3 – GBP/USD slides appeared first on Forex Crunch.
