FOREX
ANSWER
 

indicator

ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) today. As a leading indicator, traders generally pay attention to this report for hints of economic trend. Here’s the forecast:

10:00am NY Time US ISM Manufacturing PMI Forecast 57.0 Previous 56.6
ACTION: 59.5 BUY USDJPY / 54.5 BUY EURUSD


Be the first to comment


ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) and it is similar to the UK Manufacturing PMI as this release is targeting the Manufacturing sector. As a leading indicator, traders generally pay attention to this report for hints of economic trend. Here’s the forecast:

10:00am NY Time US ISM Manufacturing PMI Forecast 56.5 Previous 56.9
ACTION: 59.0 BUY USDJPY / 54.0 BUY GBPUSD


Be the first to comment


ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) and it is similar to the UK Manufacturing PMI as this release is targeting the Manufacturing sector. As a leading indicator, traders generally pay attention to this report for hints of economic trend. Here’s the forecast:

10:00am NY Time US ISM Manufacturing PMI Forecast 54.2 Previous 54.4
ACTION: 57.0 BUY USDJPY / 51.5 BUY GBPUSD


Be the first to comment


US ISM Manufacturing PMI Forex Trading Plan 10/01/10

by Henry Liu on September 30, 2010

ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) and it is similar to the UK Manufacturing PMI as this release is targeting the Manufacturing sector. As a leading indicator, traders generally pay attention to this report for hints of economic trend. Here’s the forecast:

10:00am NY Time US ISM Manufacturing PMI Forecast 54.5 Previous 56.3
ACTION: 57.0 BUY USDJPY / 52.0 BUY EURUSD


1 comment


ISM Manufacturing PMI Trade Plan 09/01/10

by Henry Liu on August 31, 2010

ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) and it is similar to the UK Manufacturing PMI as this release is targeting the Manufacturing sector. As a leading indicator, traders generally pay attention to this report for hints of economic trend. Here’s the forecast:

10:00am NY Time US ISM Manufacturing PMI Forecast 53.2 Previous 55.5
ACTION: USD/JPY BUY 56.0 SELL 50.5 USDJPY


Be the first to comment


ISM or Institute for Supply Management is releasing its PMI (Purchasing Manager Index) and it is similar to the UK Manufacturing PMI as this release is targeting the Manufacturing sector. As a leading indicator, traders generally pay attention to this report for hints of economic trend. Here’s the forecast:

10:00am NY Time US ISM Manufacturing PMI Forecast 54.2 Previous 56.2
ACTION: USD/JPY BUY 57.0 SELL 51.5 USD/JPY


2 comments


US ISM Manufacturing PMI 10/01/09

by Henry Liu on September 30, 2009

[flv:http://www.newsprofiteer.com/100109-usismpmi/100109-usismpmi.mp4 480 360]

10:00am (NY Time) US ISM Manufacturing PMI   Forecast 53.9   Previous 52.9
ACTION: USD/JPY                                    BUY 56.0             SELL 51.0

The Institute of  Supply Management Manufacturing PMI releases are highly regarded by traders since their inception, and throughout the years they have been proven to be extremely accurate in predicting the long-term trend as well as a leading indicator over the Manufacturing sector in the economy; this will be the first look of the new quarter as these purchasing managers express their opinion over the economy.


3 comments