US Dollar Awaits ISM Manufacturing PMI for Action

Key Highlights US dollar after surging higher lost ground against majors, especially against the British pound. Today, in the US the Institute for Supply Management (ISM) Manufacturing Index will be released, which is expected to decline from 52.9 to 52.5 in March 2015. GBPUSD climbed higher and gained momentum after clearing the 1.4820 level. Technical Analysis T...
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AUDUSD Breaks Down; US AND EURO ISM Manufacturing PMIs Next

Key Highlights Australian dollar suffered losses recently against the US dollar and cleared an important support area. Australian AIG performance of the Mfg. Index was released by the Australian Industry Group, which registered a decline from 49 to 45.4. Australian Company Gross Operating Profits released by the Australian Bureau of Statistics declined by 0.2% in the fo...
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