GREY:NEVDQ - Post by User
Post by
bogfiton Dec 05, 2022 10:25am
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Post# 35150896
When PMI is just noise insead of news.
When PMI is just noise insead of news. You get a sharp and unsupported move in USD/POG that should quickly reverse continuing on trend,
b.
"U.S. service sector sees stronger-than-expected activity in November, according to the from Institute for Supply Management (ISM).
Monday, the ISM said its Manufacturing Purchasing Managers Index, rose to 56.5 last month, up from November’s reading of 54.4%. According to consensus estimates, economists were looking for a drop to 53.5."
Gold prices drop solidly below $1,800 as ISM services PMI rise to 56.5 in November | Kitco News
b.