ISM

The other day I discussed the ISM as being a possible driver of the Dollar (Euro). Today's number was much better then expected. Take a look at the numbers here. They show the flattening that the economy needs. The question is...will we have a dip in these numbers before they finally stick?

This is the more important of the ISM numbers because the companies surveyed here tend to employ more people, and employment will be the key to getting out of this ugly recession.

Kathy Lien of Fx36o thinks we are going to have much better then expected non-farm payroll numbers on Friday. She knows more about Forex then anybody. If she is right, the break in that Dollar trendline I showed you will have been an excellent indicator.