Forex Radio - US ISM Services Rebound Not As Optimistic As It Appears, Will The RBA Raise Rates?

Published May 6th, 2008 - 01:09 GMT
Al Bawaba
Al Bawaba



 ·          ISM non-manufacturing rose above 50 - signaling expansion - but the report still didn't reflect a rebounding services sector. Why?
 ·          The RBA meets tonight - will they raise rates to fight inflation pressures?

Stories to watch on DailyFX

·          USD/CAD faces event risk from Tuesday's Ivey PMI report. Also, find out the Top 5 Economic Indicators You Need to Watch this Week.
·          According to the latest COT report, British pound positioning has hit a bearish extreme - what does this mean for GBP/USD?

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