Strategic Currency Briefing

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Outlook: In normal times, one of the key data points is the PMI, used in recent years as a proxy for the robustness of growth. This is an improvement over earlier years when indirect data was the obsession, especially money supply and inflation (and before that, trade). From those you have to deduce business confidence and growth, whereas PMI’s are more direct. Therefore, today’s crop of PMI’s is not unimportant and today’s US service sector PMI (and factory orders) will be a focus, especially

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