Monday, June 2, 2014

US ISM Manufacturing PMI misses target

As per title, the major economic data for US tonight was the ISM manufacturing PMI. This is the leading indicator for the economic health of the manufacturing sector released by the Institute for Supply Management.  The actual figure at 53.2 was lower than both what analysts expected and the prior month.

I`m quite the fan of data trading, hence I shorted USD/JPY and went in long for EUR/USD.


No comments:

Post a Comment