Germany’s Manufacturing PMI dropped to 48 in April vs. 47.6 forecast. Services PMI for the German economy fell to 48.8 in April vs. 50.2 estimate.…
Here is what you need to know on Wednesday, April 23: The US Dollar (USD) recovered sharply on Tuesday, with the USD Index gaining more…
EUR/GBP weakens to around 0.8550 in Wednesday’s early European session. The ECB’s dovish bets weigh on the shared currency. The US will aim for the…
The Australian Dollar retraces its losses registered in the previous session. Australia’s Judo Bank Purchasing Managers Index indicated that private sector activity grew for the…
The preliminary reading of Australia’s Judo Bank Manufacturing Purchasing Managers Index (PMI) declined to 51.7 in April from 52.1 in March, the latest data published…
Pound Sterling shows mix performance ahead of flash UK PMI data The Pound Sterling (GBP) demonstrates a mixed performance against its major peers on Tuesday…
ISM Services PMI dropped to 50.8 in March. US Dollar stays under heavy selling pressure in multi-month lows. Economic activity in the US service sector…
AUD/USD trades in negative territory near 0.6280 in Thursday’s early Asian session. China will face a 54% tariff under the new Trump policy, weighing on…
China’s Services Purchasing Managers’ Index (PMI) rose to 51.9 in March from 51.4 in February, the latest data published by Caixin showed Thursday. Markets were…
Pound Sterling (GBP) is entering the NA session largely unchanged from Monday’s close, a mid-performer among its G10 peers, Scotiabank’s Chief FX Strategist Shaun Osborne…