The British Construction PMI Index is based on a survey of Purchasing Managers in the construction industry, in which respondents are surveyed for their view of business conditions. The index is a useful leading economic indicator, released during the first week of the month. Here are all the details, and 5 possible outcomes for GBP/USD. Published … “GBP/USD: Trading the British Construction PMI October 2011”
Month: October 2011
Forex Crunch Key Metrics September 2011
September marks a return of regular traders from their vacations, and this was reflected in more page views / visit and a higher time on site. The ongoing crisis in Europe and also Bernanke’s twist contributed to the peaks in traffic during the month. All in all, the bottom line of page views was almost … “Forex Crunch Key Metrics September 2011”
GBP/CHF Maintains Upside Bias, EUR/GBP Under Downside Pressure
GBPCHF: Maintains Upside Bias, Pressure Builds up On The 1.4296 Level. GBPCHF: With a weekly higher close recorded the past week, the cross now looks to build up on its recovery gains triggered from the 1.1465 level in the new week. This if seen will leave the 1.4296 level, its May 22’2011 high as the … “GBP/CHF Maintains Upside Bias, EUR/GBP Under Downside Pressure”