China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) unexpectedly contracted to 48.3 in May from 50.4 in April, according to the latest data released on Tuesday.…
The EUR/GBP pair retreats on Thursday, snapping a three-day rally to trade near 0.8420 during the American session. Weaker-than-expected Eurozone PMI data increases pressure on…
EUR/JPY recoups losses and flattens around 163.00, while Japan’s Q1 GDP data came in weaker than expected. BoJ’s Nakamura warns of downside economic risks due…
The Japanese economy contracted by 0.2% over the quarter in the first quarter (Q1) of 2025, following a growth of 0.6% in the final quarter of 2024,…
GBP/USD contracts into near-term midrange ahead of key UK and US data GBP/USD pared recent gains on Wednesday, trimming back to the low side of…
The US dollar has continued to rebound ahead of tomorrow’s nonfarm payrolls report for April. It has resulted in the dollar index rising back above…
China’s official Manufacturing Purchasing Managers’ Index (PMI) contracted to 49 in April, compared to March’s 50.5. The reading came in below the market consensus of…
The Pound Sterling underperforms its peers as the preliminary UK PMI unexpectedly contracted in April. Trump is confident of closing bilateral deals with various nations…
UK Services PMI dipped to 48.9 in April, missing expectations. Manufacturing PMI in the UK unexpectedly declined to 44 in April. GBP/USD posts moderate losses…
AUD/USD edges lower to around 0.6305 in Monday’s early Asian session. China’s February CPI fell into negative territory for the first time since January last…