Here is what you need to know on Thursday, May 22: The trading action in financial markets remain relatively quiet early Thursday as investors gear…
EUR/GBP moves slowly as traders adopt caution ahead of PMI data release from the Eurozone and the UK. The overall business activity in the Eurozone…
Indian Rupee loses traction in Thursday’s early European session. The Indian HSBC Manufacturing PMI rose to 58.3 in May; Services PMI improved to 61.2 in…
GBP/USD strengthens as the US Dollar continues to weaken on Moody’s downgrading of the US credit rating. Fed policymakers partially blamed the US trade policy…
EUR/USD strengthens as HCOB PMI data are expected to show overall growth in business activity in May. S&P Global US PMI data may show that…
The Australian Dollar remains stronger as the US Dollar weakens on Thursday. Australia’s Manufacturing PMI remains steady at 51.7 in May, meanwhile, Services PMI declines…
The preliminary reading of Australia’s Judo Bank Manufacturing Purchasing Managers Index (PMI) came in at 51.7 in May versus 51.7 prior, the latest data published…
AUD/USD corrects from 0.6500 as the Chinese private sector faces pressure due to higher tariffs imposed by the US. Both Caixin Manufacturing and Services PMI…
EUR/GBP maintains its position as the Euro remains stronger ahead of PMI data from the Eurozone and Germany. ECB is widely expected to deliver a…
NZD/USD struggles following disappointing Chinese economic data. China’s Caixin Services PMI fell to 50.7 in April from 51.9 in March, well below the forecast of…