Did you know that USD will be volatile today? Today is a good day for USD traders. All USD pairs will see a spike of volatility – be sure to use it!
Today, there are three releases in our Economic Calendar you should pay attention to:
Personal Spending MoM (15:30 MT Time)
Personal Income MoM (15:30 MT Time)
ISM Manufacturing PMI (17:00 MT Time)
Personal Spending shows how much income households spend currently instead of saving up.
Personal Income measures the total income of US citizens.
ISM Manufacturing indicates how the US manufacturing sector is doing.
Together, these releases promise a big day for traders. Generally, if the figures are higher than expected, USD will go up.
To learn more about the upcoming releases and check predictions, go to our Economic Calendar and see which news you should trade today: https://bit.ly/2Y8hYst
