Forex Market Updates & Commentary
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- US Factory Orders and Non-Manufacturing Composite Both Better Than Expectations, ISM Highest Since Feb 2011
- Bobbys Corner-Open Market-March.5.2012
- US Factory Orders and ISM Manufacturing Index Data Due at 10AM
- USD/CAD testing 200 hour moving average
- EUR/USD rebounding after finding daily support.
- ECB’s Gonzalez-Paramo
- Eurozone Retail Sales (Jan) 0.3% vs. -0.1% expected.
- Eurozone Sentix Investor Confidence (m/m) -8.2 vs. -5.0 expected.
- UK Services PMI (Feb) 53.8 vs. 54.9 expected (56.0 prior).
- Eurozone Services PMI (Feb) 48.8 vs 49.4 expected (50.4 prior).
- German Services PMI (Feb) 52.8 vs. 52.6 expected (53.7 prior).
- Italian Service PMI (Feb) 44.1 vs. 45.2 expected (44.8 prior).
- Swiss Retail Sales (Jan) 4.4% vs. 0.6% prior reading.
- Spanish Services PMI (Feb) 41.9 (46.1 prior).
- 3-5 Calender
