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Svme Pmi

Discussion in 'Fundamental Analysis' started by ActionForex.com, Aug 4, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The activity level of Purchase Managers, they are surveyed on production, employment, inventories, orders, delivery data. The PMI is split into reads on Manufacturing, Service, and Construction industries. A read over 50 denotes growth. As an indicator of economic performance the PMI has the ability to easily affect currency valuations...

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