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On Wednesday, 11-04-09 at 10:00 AM ET, the USD ISM Non-Manufacturing Composite report was released.
This report is released by the Institute of Supply Management
This report was released alone, the last time this was released alone was on Monday, 10-05-09 at 10:00 AM ET.
Unfortunately, I some how neglected to record the charts for this news release – so there will not be any chart movement to show.
Last month I did a “follow up” of this report on Sunday, 09-06-09, click here for a review.
I did a post “preview” of this report on Tuesday, 11-03-09, click here for a review.
Here was the set up for Wednesday.
USD ISM Non-Manufacturing Composite stats:
Previous = 50.9
Forecast = 51.6
Actual = 50.6
Bad – it came out lower then the “forecast” by 1.0, and lower that the “previous” by 0.3.
I had set up to trade the EUR/USD currency pair if the “actual” report came out higher or lower than the “forecast” by 3.0 or more – which it did not and I did not enter a trade.
No Charts!!!
The next scheduled release of this report will be on Thursday, 12-03-09 at 10:00 AM ET
I will be probably be writing a “preview” post a day or two before the reports release.
Stay tuned!
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