Monday, November 2, 2009

Bad news for Nov 2

Due to an unexpected news release as shown below, many pairs in forex spiked up. We were hoping that it would drop. Due to this many traders that i know internationally also suffered this unexpected loss.

15:00 USD
ISM Manufacturing PMI
55.7 53.1 52.6

15:00 USD
Pending Home Sales m/m
6.1% 0.2% 6.4%

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