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…
Pound Sterling retreats against US Dollar ahead of flash US PMI data The Pound Sterling (GBP) falls back after posting a fresh two-month high near 1.2680…
EUR/USD slumps to near 1.0470 after the release of February’s preliminary PMI data for the Eurozone and its major nations. The Eurozone Composite PMI expanded…
UK Services PMI rose slightly to 51.1 in February, a positive surprise. Manufacturing PMI in the UK unexpectedly declined to 46.4 in February. GBP/USD holds…
The S&P Global preliminary PMIs for February are likely to show little variation from the January final readings. The Federal Reserve may resume its easing…
Eurozone Manufacturing PMI rose to 47.3 in February, beating 47 estimate. Bloc’s Services PMI dropped to 50.7 in February vs. 51.5 forecast. EUR/USD keeps losses…