The Australian Dollar maintains its position despite a decline in Australia’s trade surplus. China’s Caixin Services PMI came at 51.1 in May, improving from 50.7…
Australia’s Trade Surplus narrowed to 5,413M MoM in April versus 6,100M expected and 6,892M (revised from 6,900M) in the previous reading, according to the latest foreign trade data…
NZD/USD gains traction to around 0.6035 in Thursday’s early Asian session. US ISM Services PMI unexpectedly contracted in May, the first time in nearly a…
On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1865 as compared to the previous…
USD/MXN trades below 19.20 after testing a new YTD low at 19.16. US ADP Employment and ISM Services PMI data missed forecasts. Mexico responds to…
WTI price declines to around $62.00 in Thursday’s early Asian session. Fears of a global oil oversupply undermine the WTI price. Oil inventories fell by…
British Pound recovers ground amid soft USD, upbeat PMI, and tariff reprieve The British Pound (GBP) edges higher against the US Dollar (USD) on Wednesday,…
USD/CAD weakens to around 1.3675 in Thursday’s early Asian session. US ISM Services PMI unexpectedly contracted last month for the first time in nearly a…
Federal Reserve Bank of Minneapolis President Neel Kashkari said late Wednesday that the labour market is showing some signs of slowing down. However, the central…
AUD/JPY retreats from 93.58 but holds above 92.05, maintaining short-term uptrend. Daily close above 93.00 needed to target May 13 high at 95.63 and confirm…