The Pound Sterling faces selling pressure against its peers due to moderate growth in preliminary UK PMI data for July. Hopes of US-EU trade deal…
The S&P Global flash PMIs for July are seen improving further, suggesting the US economy continued to expand. Markets expect the Federal Reserve to keep…
Pound Sterling weakens as UK PMI grew modestly The Pound Sterling (GBP) declines against its major peers on Thursday as the preliminary United Kingdom (UK)…
Pound Sterling trades stable while focus shifts to flash UK/US PMI data The Pound Sterling (GBP) demonstrates stability against its major peers on Tuesday, with…
China’s Services Purchasing Managers’ Index (PMI) fell to 50.6 in June from 51.1 in May, the latest data published by Caixin showed on Thursday. The…
ISM Manufacturing PMI ticked higher to 49.0 in June, surpassing consensus. The US Dollar continues to decline, approaching multi-year lows. Economic activity in the US…
The Indian Rupee strengthens in Tuesday’s early European session. The Fed’s dovish stance and lower crude oil prices support the INR, but renewed US Dollar…
AUD/USD edges higher as TD-MI Inflation Gauge rose 0.1% MoM in June, against a 0.4% previous decline. China’s NBS Manufacturing PMI climbed to 49.7, while…
Business activity in the US private sector continued to expand in June. US Dollar Index clings to modest daily gains above 99. The economic activity…
AUD/USD recovers from a one-month low near 0.6372 as mixed US PMI data cools safe-haven flows into the Greenback. S&P Global US Composite PMI slips…