XAUUSD

On Monday, January 2025, the expectation for the Manufacturing PMI data to be announced from the USA is set at 51.9, while the previous value was 52.7. Although the PMI remaining above the 50 level indicates ongoing expansion in the manufacturing sector, the expected decline signals a slowdown in growth rate, which may create limited pressure on the USD. On the same day, the expectation for the Services PMI data stands out at 51.2, while the previous value was at 51.0. The slight increase expectation for the Services PMI suggests that the economy remains resilient in this sector. This positive outlook in the services sector, which constitutes about 70% of the US economy, may support the USD.