Friday, September 2, 2016

ISM manufacturing deteriorated well under the key-50 level to 49.4 from previous 52.6. The data release dragg





FX Research
by Saktiandi Supaat


All Eyes On NFP





ISM manufacturing deteriorated well under the key-50 level to 49.4 from previous 52.6. The data release dragged the DXY index back under the 96-figure. This was after the Chicago Purchasing Manager came in sharply lower as well on Wed, paring expectations for the Fed to hike in Sep. Nonetheless, eyes are still on the US NFP due tonight, the economic mandate necessary for the Fed to make its next move. Equities closed mostly flat, an improvement from the past few sessions of decline...



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