Posts Tagged ‘eurozone pmi’

Australian Dollar Enjoys Increase in Light of China’s Burgeoning Industries

Thursday, November 22nd, 2012

Australian NotesThe Australian Dollar enjoyed an increase overnight as manufacturing industries in China acquired even more of Australia’s surplus requirements.

The PMI figure of 50.4 – welcomely higher than the optimum 50.0 required for growth – indicates that the Australian Dollar’s growth looks set to continue, at least for the time being as China turns to Australasia as a realistic solution for its exponential construction requirements.

Online Forex traders should take heed, however. Current forecasts may hint at a continued positive trend, but as yet it is too early to glean a long-term increase.
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Eurozone PMI, GDP growth and solvency of the Eurozone

Tuesday, July 3rd, 2012

GDP growth overviewRecent Forex trading news highlights the continued fragile state of both the European and United States economies. Nonetheless, the US dollar varied in narrow ranges as liquidity tightens ahead of the July 4th bank holiday in America.

Eurozone PMI

Across the Atlantic in Europe, many online traders are eager to hear what the ECB and the Bank of England will state in their monthly policy announcements. Most traders foresee additional easing on (more…)