USDJPY Technical Analysis 2014, 30.11 - 07.12: Bullish within Triangle

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Press review

newdigital, 2014.12.01 16:28

• past data is 59.0
• forecast data is 57.8
• actual data is 58.7 according to the latest press release

if actual > forecast (or actual data) = good for currency (for ГЫВ in our case)

[USD - ISM Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

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U.S. Manufacturing Index Falls Less Than Expected In November

Activity in the U.S. manufacturing sector grew at a slightly slower rate in the month of November, according to a report released by the Institute for Supply Management on Monday, although the index of activity in the sector fell by much less than anticipated.

The ISM said its purchasing managers index edged down to 58.7 in November from 59.0 in October, with a reading above 50 indicating continued growth in the manufacturing sector. Economists had expected the index to drop to a reading of 57.8.