EUR/USD slips to near 1.1310 as the flash Eurozone PMI data surprisingly contracted in May. US President Trump warns that Russia could avoid ending the…
China’s April manufacturing PMIs clearly hit by US-China trade war. Official non-manufacturing PMI and composite PMI also came down. Concrete signs of export shock make…
NZD/USD lacks any firm intraday direction amid a combination of diverging forces. A positive risk tone supports the Kiwi, though a modest USD uptick caps…
Next week, China will release its official PMIs, which, unlike in other countries, are always released on the last day of the month rather than…
The eurozone composite PMI for March moved further into expansionary territory at 50.4 up from 50.2 in February. In the final month of Q1 eurozone…
GBP/USD holds gains as mixed PMIs stir tariff jitters, eyes on UK inflation The Pound Sterling (GBP) is trimming some of its earlier gains versus the US Dollar (USD) on…
Pound buoyed by improved risk sentiment despite mixed PMI data from both the US and the UK. US Manufacturing PMI slips into contraction, while Services…