
American mortgage applications tacked on for the first time for five weeks because most home borrowing costs kept to their lowest value for 10 months…
Do you know that services sector accounts for 80% of the UK economy? British economy gets a lot from financial, IT and professional services. As a result, the country’s services index is even more important than its manufacturing index.
The UK services PMI will be out at 11:30 MT time on July 4. PMI stands for Purchasing Managers’ Index. It shows whether managers of British companies are optimistic or pessimistic about the future. A reading above 50.0 indicates industry expansion, while a reading below 50 indicates contraction. Traders also compare the actual index with its previous and forecast levels.
The difference between the forecast and the actual figure sets the currency market in motion. Many traders will open positions in GBP/USD and EUR/GBP after the release.
• If the data is greater than the forecast, the GBP will rise.
• If the data is weaker than the forecast, the GBP will go down.
American mortgage applications tacked on for the first time for five weeks because most home borrowing costs kept to their lowest value for 10 months…
The releases of employment change and the unemployment rate for Australia are expected on February 21, at 2:30 MT time.
The release of the Federal open market committee (FOMC) meeting minutes is scheduled on February 20, at 21.00 MT time.
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.