EUR/USD edged lower on Monday as potential trade tensions weighed down market sentiment. President Donald Trump announced plans to initiate a 100% tariff on foreign-produced…
UK Services PMI dipped to 48.9 in April, missing expectations. Manufacturing PMI in the UK unexpectedly declined to 44 in April. GBP/USD posts moderate losses…
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…
Varied reaction in FX markets with open trade, growth-sensitive FX such as CNH, KRW, SGD, MYR and THB under some pressure post-tariff announcement. DXY was…
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…
The Greenback traded on the back foot on Wednesday, receding markedly against the backdrop of increasing prudence ahead of President Trump’s announcements on reciprocal tariffs.…
Business activity in the US private sector continued to expand in March. US Dollar Index clings to small daily gains above 104.00. The economic activity…
UK Services PMI rose to 53.2 in March, beating estimates. Manufacturing PMI in the UK unexpectedly declined to 44.6 in March. GBP/USD clings to gains…
ISM Services PMI improved to 53.5 in January. US Dollar stays under heavy selling pressure despite the upbeat PMI report. The economic activity in the…
NZD/USD holds steady after the release of an upbeat China Services Purchasing Managers’ Index. Deputy Governor Christian Hawkesby will serve as acting governor until March…