On Wednesday, 01-06-10 at 10:00 AM ET, the USD ISM Non-Manufacturing Composite report will be was released.
This report is was released by the Institute of Supply Management.
This report was released alone.
I did a “preview” of this report on Tuesday, 01-05-10, click here for a review.
Unfortunately, I neglected to record the charts for this report.
So…I am unable to show chart results.
But, here is what happened:
USD ISM Non-Manufacturing Composite stats:
Previous = 48.7
Forecast = 50.5
Actual = 50.1
USD-8-00AM-01-06-10
Looking for a 3 difference
Actual > Forecast = Good for USD
USD ISM Non-Manufacturing PMI
——actual———-forecast———-previous
_____50.1________50.5________48.7
out at 53.5 or higher – SELL EUR/USD
out at 47.5 or lower – BUY EUR/USD
Bad – “actual” came out lower then “forecast” by 0.4
Good – “actual” came out higher then “previous” by 1.4
The next scheduled release of this report will be on Wednesday, 02-03-10 at 10:00 AM ET
I will be probably be writing a “preview” post a day or two before the reports release.
Stay tuned!
2 Trackbacks
[...] did post a “follow up” of this months results, click here to see what [...]
[...] month I did a “follow up” post of this report on Thursday, 01-14-10, click here for a [...]