Ivey Purchasing Managers Index

We’ve been getting a lot of questions about the basic economic reports and how they can affect forex price action. Here’s a list of the common ones that you should at least know about.

G’day, forex mates! We’ve got another RBA statement coming our way this Tuesday, so I thought that now would be a good time to give y’all a roundup of Australia’s major economic reports.

The yen got another major beat-down for the third week running. The pound, meanwhile, got rejuvenated. The pound still lost out to the Aussie in the end, though. So, what was driving forex price action on the these and the other currencies?

The July NFP report was pretty good on the surface, which is why the Greenback rallied hard. But what about the details? Are they also sending out good vibes for the U.S. economy? Well, read on and find out!