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Forex News Spike Trading Signal for March 5th 2012 - US Non-Manufacturing PMI

25.05.12

&Nbsp; Forex, Futures, and Options trading has adipose potential rewards, but also large possibility risks.  The high quite b substantially of leverage can work against you as well as for you.  You

Source: Forexrazor

FX EUR/USD: Euro under pressure after PMI slip, 1.3150 eyed

25.05.12

"Eurozone PMI slips across the game table to signal that there could well be further trouble ahead for the unique economy. Service PMI falls from the 49.4 beam headline to 48.8, while the Composite Guide has eased from the 49.7 initial reading to 49.3 at the terminal result. The data will maintain the new week pressing on the Euro, with EUR/USD offers into the 1.3200 expiry up and beyond still looking to cap the EUR upside. EUR/USD is yet to retest the 1.3272 at daybreak European session lows but further Achilles' heel the risk and bears eye 1.3150 should the Euro descend extend, once the latest ACB/quasi-valid rearguard bidding is filled." © Thomson Reuters 2011. All rights controlled. Republication or redistribution of Thomson Reuters comfortable, including by framing or similar means, is prohibited without the previous written consent of Thomson Reuters. Thomson Reuters is not responsible for any errors or delays in Thomson Reuters satisfied, or for any actions taken in reliance on such contented. ‘Thomson Reuters’ and the Thomson Reuters logo are trademarks of Thomson Reuters and its attached companies. Trading foreign dealing on margin carries a high smooth out of risk and may not be suitable for all investors. The elated degree of leverage can work against you as well as for you. Before deciding to traffic foreign exchange you should carefully bear in mind your investment objectives, level of sustain and risk appetite. The possibility exists that you could brave a loss of some or all of your initial investment and therefore you should not contribute money that you cannot afford to lose. You should be hip of all the risks associated with foreign change trading and seek advice from an unlimited financial advisor if you have any doubts. Opinions expressed at FXstreet.com are those of the own authors and do not necessarily represent the theory of FXstreet.com or its management. FXstreet.com has not verified the preciseness or basis-in-fact of any claim or annunciation made by any independent author: errors and Omissions may be brought to someone's attention.Any opinions, news, research, analyses, prices or other report contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as extensive market commentary and does not constitute investment guidance. FXstreet.com will not accept liability for any destruction or damage, including without limitation to, any reduction of profit, which may arise directly or indirectly from use of or confidence on such information.

Source: FXstreet.com