The ISM Manufacturing PMI remained in contraction territory below 50 in April. The US Dollar Index stays in positive territory near 100.00 after the data.…
WTI price edges lower to $57.80 in Thursday’s Asian session. Saudi Arabia is taking strategic steps to maintain its economic stronghold by increasing oil production. …
Annual inflation in Germany declined slightly to 2.1% in April. EUR/USD continues to trade in daily range below 1.1400. Inflation in Germany, as measured by…
GBP/USD weakens to around 1.3425 in Tuesday’s early Asian session. Improved optimism over trade tension supports the US dollar and creates a headwind for the…
USD/JPY falls to near 143.00 amid strength in Japanese Yen ahead of BoJ’s policy on Thursday. The BoJ is expected to keep rates steady at…
EUR/USD falls to near 1.1350 as the US Dollar resumes recovery on increasing odds of de-escalation in the US-China trade war. Beijing is considering pausing…
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…
Germany’s Manufacturing PMI dropped to 48 in April vs. 47.6 forecast. Services PMI for the German economy fell to 48.8 in April vs. 50.2 estimate.…
The preliminary reading of Australia’s Judo Bank Manufacturing Purchasing Managers Index (PMI) declined to 51.7 in April from 52.1 in March, the latest data published…
USD/CAD falls to near 1.3800 due to a significant weakness in the US Dollar. US President Trump mulls over firing Fed Powell for not cutting…