{"id":74616,"date":"2023-12-15T11:58:42","date_gmt":"2023-12-15T09:58:42","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=74616"},"modified":"2025-12-11T13:48:31","modified_gmt":"2025-12-11T11:48:31","slug":"preliminary-pmi-figures-in-the-epicenter-of-attention","status":"publish","type":"post","link":"https:\/\/www.ironfx-cn.com\/ph\/preliminary-pmi-figures-in-the-epicenter-of-attention\/","title":{"rendered":"Preliminary PMI figures in the epicenter of attention"},"content":{"rendered":"

The USD continued to weaken against its counterparts yesterday as the Fed\u2019s dovish pivot continued to weigh on a monetary policy level. It should be noted that the USD continued to weaken despite the US retail sales growth rate accelerating beyond market expectations for November, while also the drop of the weekly initial jobless claims figure sent some positive signals as well. It\u2019s characteristic of the more risk-on mood of the market that US stock market indexes continued to be on the rise albeit at a slower pace, with Dow Jones reaching new all-time highs. Also, the weakening of the USD allowed for gold\u2019s price to continue to gain while the drop of US yields also may have contributed to gold\u2019s ascend. Today from the US we note the release of the industrial production growth rate for November and an acceleration may provide some support.<\/p>\n\n\n\n

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