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…
NZD/USD holds steady after the release of an upbeat China Services Purchasing Managers’ Index. Deputy Governor Christian Hawkesby will serve as acting governor until March…
The Indian Rupee trades flat in Wednesday’s early Asian session. Renewed USD demand and persistent outflows by foreign institutional investors could undermine the INR. India’s…
China’s Services Purchasing Managers’ Index (PMI) unexpectedly firmed to 51.4 in February from 51 in January, the latest data published by Caixin showed Wednesday. The market…
The US ISM Manufacturing PMI is expected to tick a tad lower in February. Investors will also follow the ISM Prices index and the Employment…
USD/CHF posts modest losses to around 0.9020 in Monday’s early European session. The rising bets of Fed rate cuts weigh on the US Dollar. The…
China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) jumped to 50.8 in February from January’s 50.1, the latest data showed on Monday. The markets expected a 50.3…
Aussie stalls near 0.6400 despite earlier gains. Post-PMI sentiment dims risk appetite and benefits the USD. RBA’s measured stance limits deeper easing bets and might…
AUD/USD faces offers near 0.6400 ahead of the preliminary US S&P Global PMI data for February. Investors see Trump’s tariff agenda as less fearful than…
The US Dollar still sees gains after a rather disappointing US PMI release. The US economy is no longer outpacing the Eurozone. The US Dollar…