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Risk warning: Trading is risky. Your capital is at risk. FT Global Ltd is regulated by IFSC.

Forex Glossary

The Industry's Most Important Terms Explained

The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again!


ISM Non-Manufacturing PMI

ISM Non-manufacturing Index based on surveys of non-manufacturing firms' within 60 industry sectors. It helps investors to get better insights into current market conditions. When this index is increasing, the stock markets are generally going up due to potentially increased corporate profits. The index is a composite of four indicators, including seasonally adjusted business activity, employment, supplier deliveries and new orders received. A rule of thumb in terms of interpreting the data is- a reading above 50 percent means the non-manufacturing sector of the economy is expanding and below 50 percent means that it is contracting.

Category: Economic Reports

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