Tag Archives: services

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Dollar Finds Support After Strong Services Data and Other Top Forex News.

Dollar Finds Support After Strong Services Data and Other Top Forex News.

The dollar was mostly higher on Wednesday, following the release of upbeat U.S. service sector data. But gains were limited following weak U.S. non farm payrolls data earlier in the session. This mornings data got off to a bad start when Payroll processing firm ADP said non-farm private employment rose by 179,000 in May, below
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United States Services PMI

Services PMI in the United States increased to 58.10 Index Points in May of 2014 from 55 Index Points in April of 2014. Services PMI in the United States averaged 54.91 Index Points from 2013 until 2014, reaching an all time high of 58.10 Index Points in May of 2014 and a record low of
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EURUSD Rises as Euro Area April Services Grows at Fastest Pace Since June 2011

Talking Points: Eurozone Composite In-Line with Previous Estimates Euro Extended its Gains Against the US Dollar Focus Turns to ECB Monetary Policy Statement Later This Week The regional Eurozone Composite PMIconfirmed preliminary estimates showing manufacturing- and service-sector activity grew at the fastest pace in three years. However, the positive figures may not be enough to
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EURUSD Rises as Euro Area April Services Grows at Fast Pace Since June 2011

Talking Points: Eurozone Composite In-Line with Previous Estimates Euro Extended its Gains Against the US Dollar Focus Turns to ECB Monetary Policy Statement Later This Week The regional Eurozone Composite PMIconfirmed preliminary estimates showing manufacturing- and service-sector activity grew at the fastest pace in three years. However, the positive figures may not be enough to
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USD/JPY Looks Towards Resistance on Improved US Services Activity

Talking Points: US ISM Non-Manufacturing reaches a 9-month high US PMI Services improved from earlier April reading USD/JPY heads towards resistance Want to trade with proprietary strategies developed by FXCM? Find out how here. Actual Expected Previous Estimate Prior US ISM Non-Manufacturing Composite (APR) 55.2 54.0 53.1 US ISM Non-Factory Employment (APR) 51.3 53.6 US
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