Wednesday, December 12, 2012

AUD/USD: Trading the Chinese Flash Manufacturing PMI

Chinese Flash Manufacturing PMI (Purchasing Managers’ Index) is  based on a survey of purchasing managers in the Chinese manufacturing sector. Respondents are surveyed for their view of the economy and business conditions in China. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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