Markets brush off economic reports

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 2, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    US stocks advanced on Tuesday as investors brushed off mixed US economic data. The S&P 500 gained 1.07% and the Nasdaq Composite rose 0.9%. The dollar weakened after weak US manufacturing data and upbeat European economic data. Live dollar index data showed ICE US Dollar index, a measure of the dollar’s strength against a basket of six currencies, edged down 0.33%. The Institute for Supply Management report indicated US manufacturing sector contracted to its weakest level since 2009 with

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