September 23, 2014
SNB’s Jordan says he strongly will defend the cap which means CHF still overvalued and will take further steps immediately if needed to bring the value down. Now we saw EURCHF is increasing in value. First TP: 1.2111 Second TP: 1.2150 SL: 1.19890 Good luck trading
September 23, 2014
News out of Europe this morning which caused some movement early on in the session. French Manufacturing PMI: Actual:48.8 Forecast:47.0 Previous:46.9 French Services PMI: Actual:49.4 Forecast:50.1 Previous:50.3 German Manufacturing PMI: Actual:50.3 Forecast:51.2 Previous:51.4 German Services PMI Actual: 55.4 Forecast:54.6 Previous:54.9 EU Manufacturing PMI: Actual:50.5 Forecast:50.5 Previous:50.7 EU Services PMI: Actual:52.8 Forecast:53.0 Previous:53.1 As you can see we had a mix of figures come out from Europe this morning… View Article
September 23, 2014
So earlier we had some Chinese data being released which was HSBC Manufacturing PMI. It was expected to be coming out at 50.0 after its previous result being 50.2. The actual number came out at 50.5 which beat both the forecast and the previous number. So all in all, some positive data.
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