ISM Services PMI dropped to 50.8 in March. US Dollar stays under heavy selling pressure in multi-month lows. Economic activity in the US service sector…
Varied reaction in FX markets with open trade, growth-sensitive FX such as CNH, KRW, SGD, MYR and THB under some pressure post-tariff announcement. DXY was…
GBP/USD holds firm as ISM Manufacturing PMI drops to 49, fueling recession fears, spurred by rising tariffs. UK Manufacturing sinks to 17-month low, but GBP…
The ISM Manufacturing PMI dropped into contraction territory below 50 in March. US Dollar Index holds slightly above 104.00 after the data. The business activity…
ISM Services PMI improved to 53.5 in January. US Dollar stays under heavy selling pressure despite the upbeat PMI report. The economic activity in the…
GBP/USD rallies on soft US ISM data, falling US yields The Pound Sterling (GBP) snaps two days of losses and is rising over 0.89% amid a weaker…
Atlanta Fed GDP Now forecast weakens, fueling recession concerns. ISM Manufacturing PMI drops to 50.3 as Trump tariffs dent outlook. UK 10-year GILTS yield rises,…