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Monthly archive October, 2015

BRICS Manufacturing PMI Data Fuels Global Slowdown Fears

Talking Points: BRICS account for nearly 56 percent of the emerging markets’ GDP Recent concern over developing economies have worried the markets Incoming BRICS economic data likely to influence market-wide mood Brazil, Russia, India, China and South Africa are some of the most watched Read More →

USDOLLAR Rally Contingent on Holding Daily 5-EMA

Talking Points: - ST EURUSD triangle begins to break lower; $1.1085 critical support. - USDJPY remains rangebound, although NFPs could change that. - See the DailyFX economic calendar for Thursday, October 1, 2015. Now that the Friday release of the September US Nonfarm Payrolls Read More →

Weak ISM Manufacturing Survey to Pave EUR/USD Opening Monthly Range

- U.S. ISM Manufacturing Survey Projected to Slow for Third Straight Month in September. - Employment Component Narrowed the Last Two-Months, With the Last Print Standing at 51.2. For more updates, sign up for David's e-mail distribution list. Trading the News: U.S. ISM Read More →