China’s official Manufacturing Purchasing Managers’ Index (PMI) rose to 49.5 in May, compared to 49.0 in the previous reading. The reading came in line with…
USD/CAD trades in positive territory near 1.3855 in Friday’s early Asian session. US S&P Manufacturing PMI climbed to 52.3 in May, stronger than expected. Lower…
DXY recovers from a two-week low after bouncing off key support at 99.50. US fiscal concerns grow after the House passed Trump’s tax bill, and …
GBP/USD consolidates near 1.3410 on Thursday, retreating from a three-year high as traders assess PMI data and broader macro risks. US PMIs beat expectations across…
Australian PMI data shows mixed signals, manufacturing holds steady while the services sector softens. AUD/USD reverses early gains, pressured by a slight recovery in the…
Pound Sterling (GBP) is down 0.2% against the US Dollar (USD) and a mid-performer among the G10, trading relatively well despite a generally disappointing preliminary…
EUR/USD Analysis Summary Today Overall Trend: Upward. Today’s Euro-Dollar Support Levels: 1.1290 – 1.1230 – 1.1180. Today’s Euro-Dollar Resistance Levels: 1.1385 – 1.1455 – 1.1520.…
GBP/USD stays close to 1.3468, the highest since February 2022, reached on Wednesday, UK Manufacturing PMI fell to 45.1 in May, meanwhile, Services PMI rose…
The S&P Global advanced May PMIs are expected to show a slight dip in the manufacturing sector. Markets expect the Federal Reserve to cut rates…
UK Services PMI recovered to 50.2 in May, beating expectations. Manufacturing PMI in the UK dropped to 45.1 in May. GBP/USD holds minor gains above…