USDJPY Rises Despite Slowing US Manufacturing Expansion in July

1 august 2012 usd jpy analysis, 1 august 2012 forex analysis,1 august 2012 forex market news,forex market news,usd jpy analysis,usd eur analysis

THE TAKEAWAY: [Markit PMI shows U.S. manufacturing expansion slowed in July] > [Manufacturing slows as global slowdown restrains demand for U.S. goods] > [USDJPY strengthens]

U.S. manufacturing activity expanded in July at its slowest pace in 19 months, with a report released today by the London-based Markit group showing that its Markit Economics index of U.S. manufacturing fell to 51.4 in July from 52.5 in June. A reading above 50 in the purchasing managers’ measure indicates expansion. Economists surveyed by Bloomberg News had expected the final reading for July to remain unchanged from its initial reading of 51.8.

for more : www.dailyfx.com

 

category: Forex Market News Tags : , , , , , , , , -

Related Posts:

22 November 2012 Forex Trading Signals 22 November 2012 Forex Trading Signals
Forex Analysis: Euro May Fall as Soft German CPI Drives ECB Easing Bets Forex Analysis: Euro May Fall as Soft German CPI Drives ECB Easing Bets
19 November 2012 Gold Prices (Gold Rates) 19 November 2012 Gold Prices (Gold Rates)
30 October 2012 Forex Buy and Sell Signals 30 October 2012 Forex Buy and Sell Signals
Will Middle East Tensions be Enough to Prop up Oil Prices? Will Middle East Tensions be Enough to Prop up Oil Prices?
22 October 2012 Forex Buy Sell Signals 22 October 2012 Forex Buy Sell Signals
17 October 2012 Forex Buy Sell Signals 17 October 2012 Forex Buy Sell Signals
16 October 2012 Forex Buy Sell Signals 16 October 2012 Forex Buy Sell Signals

Leave A Comment

Submit

*

© 0456 Newforexbrokers.com. Tüm hakları Saklıdır.

Latest Searches :
Newforexbrokers.com Rss | Google
Home | Contact us | Privacy Policy

best forex brokers 2012- forex trading tips- Automated Forex Trading Software