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Trims

ISM Services PMI Virtually Unchanged amid Economic Resilience, Dollar Trims Losses

ISM SERVICES KEY POINTS: ISM Services PMI slows to 55.1 from 55.2, topping expectations calling for a larger pullback to 54.5 The new orders and the employment indices extend their recovery, prices paid move down moderately U.S. dollar, as measured by the DXY index, trims session losses amid economic resilience Recommended by Diego Colman Get …

ISM Services PMI Virtually Unchanged amid Economic Resilience, Dollar Trims Losses Read More »

US Dollar Trims Losses Following Better-than-Expected US Consumer Confidence Data

CONSUMER CONFIDENCE KEY POINTS: U.S. consumer confidence rises to 108.00 in September from 103.6 in August, topping consensus expectations calling for an advance to 104.6 A sharp increase in the present situation and the expectations indicator can be attributed to the recovery U.S. dollar trims losses after the survey results cross the wires Most Read: …

US Dollar Trims Losses Following Better-than-Expected US Consumer Confidence Data Read More »

DAX 40 Trims Gains as Risk-On Mood Fades, Technical Roadblocks in Play

European Earnings Season Continues to Surprise. Historic European Drought Threatens Trade. Federal Reserve Members Reiterate the Need for Further Rate Hikes. Understanding Inflation & its Global Impact DAX 40: Trims Gains as Risk-On Mood Fades, Technical Roadblocks in Play The DAX rallied higher in early European trade before trimming gains as we approach the US …

DAX 40 Trims Gains as Risk-On Mood Fades, Technical Roadblocks in Play Read More »

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