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Analyst Piece

How Forex Traders Use ISM Data

- Reviewed by James Stanley, Nov. 24, 2021 The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. As a result, the ISM manufacturing, construction and services indicators can provide unique opportunities for forex traders, which makes understanding this data (and how to prepare for its monthly release) essential. Talking points: What is ISM? How ISM impacts currencies How forex traders use ISM data
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