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US ISM Manufacturing PMI 01/04/10

January 3, 2010 By Henry Liu Leave a Comment
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10:00am (NY Time) US ISM Manufacturing PMI   Forecast 54.1  Previous 53.6
ACTION: USD/JPY      BUY 56.5      SELL 51.0

We’ll be looking to trade the ISM Manufacturing PMI once again today and our tradable deviation for a safe trade is 2.5 points either way.  In the event we get a better than expected release, this could once again fuel the recent bullish rally of USD; however, if the release is negative, below or close to the medium 50 level, we could see some relieve and consolidation of the greenback…  Since this is a leading indicator, investors pay more attention to this release for signs of market direction this month.

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US ISM Manufacturing PMI m/m 12/01/09

November 30, 2009 By Henry Liu 1 Comment
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10:00am (NY Time) US ISM Manufacturing PMI   Forecast 54.8  Previous 55.7
ACTION: USD/JPY      BUY 57.0      SELL 52.0

We’ll be looking to trade the ISM Manufacturing PMI today and we’ll be looking for a minimum of 2.5 of deviation either way.  In the event we get a better than expected release, this could once again fuel the sentiment of risk appetite, thus USD could remain under pressure; however, if the release is negative, below the medium 50 level, we could see stronger USD and stronger JPY throughout the rest of the US session.  Since this is a leading indicator, investors pay more attention to this release for signs of market direction of December.

This is a preview of US ISM Manufacturing PMI m/m 12/01/09. Read More...
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US ISM Manufacturing PMI 11/02/09

November 2, 2009 By Henry Liu Leave a Comment
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10:00am (NY Time) US ISM Manufacturing PMI   Forecast 53.1  Previous 52.6
ACTION: USD/JPY      BUY 55.5      SELL 50.0

With US ISM Manufacturing release today, we’ll be looking for a minimum of 2.5 of deviation either way.  In the event we get a better than expected release, this could once again fuel the sentiment of risk appetite, thus USD could remain under pressure; however, if the release is negative, below the medium 50 level, we could see stronger USD and stronger JPY throughout the rest of the US session.  Since this is a leading indicator, investors pay more attention to this release for signs of the direction of November.

This is a preview of US ISM Manufacturing PMI 11/02/09. Read More...
Filed Under: Forex News Trade, US ISM Manufacturing, USA Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

US ISM Manufacturing PMI 09/01/09

August 31, 2009 By Henry Liu 3 Comments
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10:00am (NY Time) US ISM Manufacturing PMI   Forecast 50.6   Previous 48.9
ACTION: USD/JPY                                    BUY 53.0             SELL 48.0

The ISM PMI releases are highly regarded by traders and investors alike since they have been proven throughout the years to be extremely accurate and as a first look and leading indicator over the Manufacturing sector in the economy, this will be the first release in over a year to be over the medium 50 figure.

This is a preview of US ISM Manufacturing PMI 09/01/09. Read More...
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US ISM Manufacturing PMI 08/03/09

August 2, 2009 By Henry Liu 4 Comments
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10:00am (NY Time) US ISM Manufacturing PMI   Forecast 46.4   Previous 44.8
ACTION: USD/JPY                                    BUY 49.0             SELL 44.0

This is one of the first important indicator for this week and may have a longer effect for the rest of the month.  If the number is lower, we’ll  look to BUY GBP/USD, EUR/USD or SELL USD/JPY, USD/CHF, USD/CAD. If the  number is significantly higher, we’ll look to SELL GBP/USD, EUR/USD or BUY USD/JPY, USD/CHF, USD/CAD.  But remember, take a couple of seconds to see the market reaction if the number is lower.  We could very well see broad bullish sentiment for the U.S. Dollar and ignore the worse number.

This is a preview of US ISM Manufacturing PMI 08/03/09. Read More...
Filed Under: Forex News Trade, US ISM Manufacturing, USA Tagged With: , , , , , , , , , , , , , , , , , ,