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Wednesday, January 6, 2010

Economic Calendar: US ISM Non-Manufacturing

The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector. It is worth noting that the non-manufacturing sector does not influence, either positively or negatively, the GDP as much as the ISM Manufacturing does.

A result above 50 is positive (or bullish) for the USD.

Volatility: 2/3


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