EURJPY Fundamental Analysis – October 23rd 2015

EURJPY Fundamental Analysis – October 23rd 2015

Written by: PaxForex analytics dept - Friday, 23 October 2015 0 comments

Here is the key factor to keep in mind today for Euro trades:

  • Eurozone PMI: The Eurozone Composite PMI came in at 54.0 for October. Economists predicted a figure of 53.4 and forex traders can compare this to the September Eurozone Composite PMI of 53.6. The Eurozone Manufacturing PMI came in at 52.0 for October. Economists predicted a figure of 51.7 and forex traders can compare this to the September Eurozone Manufacturing PMI of 52.0. The Eurozone Services PMI came in at 54.2 for October. Economists predicted a figure of 53.5 and forex traders can compare this to the September Eurozone Services PMI of 53.7. The French Composite PMI came in at 52.3 for October. Economists predicted a figure of 51.9 and forex traders can compare this to the September French Composite PMI of 51.9. The French Manufacturing PMI came in at 50.7 for October. Economists predicted a figure of 50.2 and forex traders can compare this to the September French Manufacturing PMI of 50.6. The French Services PMI came in at 52.3 for October. Economists predicted a figure of 51.7 and forex traders can compare this to the September French Services PMI of 51.9. The German Composite PMI came in at 54.5 for October. Economists predicted a figure of 53.7 and forex traders can compare this to the September German Composite PMI of 54.1. The German Manufacturing PMI came in at 51.6 for October. Economists predicted a figure of 51.7 and forex traders can compare this to the September German Manufacturing PMI of 52.3. The German Services PMI came in at 55.2 for October. Economists predicted a figure of 53.9 and forex traders can compare this to the September German Services PMI of 54.1.

Here are the key factors to keep in mind today for Japanese Yen trades:

  • Japanese Nikkei Manufacturing PMI: The Nikkei Manufacturing PMI for October came in at 52.5. Economists predicted a figure of 50.5 and forex traders can compare this to the September Nikkei Manufacturing PMI of 51.0.
  • Japanese Coincident Index and Leading Index: The final Coincident Index for August came in at 112.5. Forex traders can compare this to the original Coincident Index of 112.5. The final Leading Index for August came in at 103.5. Forex traders can compare this to the original Leading Index of 103.5.

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