What will happen?

Once in a month, the euro has a very special day of increased volatility at the start of the European trading session. This is the time when France, Germany, and the Eurozone await the Services and Manufacturing PMIs. The releases come out from 10:15 to 11:00 MT time. These indicators are based on a survey of purchasing managers in services and manufacturing industries. If an indicator is higher than 50, it indicates an expansion of an industry, while an indicator below 50 shows contraction.

How to trade on the PMI releases?

Trading on PMI releases is easy! Check the economic calendar for forecasts, and follow the steps below:

If the PMI is greater than the forecasts, the EUR will rise;

In case of an alternative scenario, expect a fall of the EUR.

Instruments to trade: EUR/USD, EUR/GBP, EUR/JPY

Latest news

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Australia will release employment change and the unemployment rate on Thursday, at 02:30 MT time.

15.02.2022 11:15

The USD Expects Boost from the Fed

The Federal Open Market Committee (the part of the Federal Reserve) will publish its Meeting Minutes on February 16, at 21:00 MT time.

14.02.2022 13:05

What Awaits USD amid Skyrocketing Inflation?

The United States will publish the producer price index (PPI) on February 15, at 15:30 MT time.

12.02.2022 04:11

What will move the market on February 14-18?

Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!

29.01.2022 02:40

What will move the market on January 31-February 4?

The volatility that the markets experienced last week promises the second tidal wave! What should your favorite assets anticipate during the first week of February?

26.01.2022 14:00

US Economy is on the Shaky Grounds

The United States will publish the Advance GDP on January 27, at 15:30 GMT+2.

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What will happen?

How to trade on the PMI releases?

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