The ISM Services PMI in January rose back into expansion territory. US Dollar Index clings to impressive daily gains above 102.50. The economic activity in the...
AUD/USD has dropped to near 0.7064 as the market mood has soured. The upbeat Caixin Services PMI at 52.9 failed to provide support to the Australian...
Asian stocks have found a cushion as the Fed is set to trim the policy tightening pace. Chinese equities are showing strength despite the Caixin Manufacturing...
China’s Caixin Manufacturing pmi for January rises slightly to 49.2 vs. 49.5 expected and 49.0 previous, showing the positive impact of the country’s covid reopening on...
NZD/USD bears take a breather ahead of data from the key customers. China’s official PMIs seem crucial to defend the early 2023 optimism. Mixed New Zealand...
US PMI Overview S&P Global will release the flash version of the US Manufacturing and Services PMIs at 14:45 GMT this Tuesday. The gauge for manufacturing...
EUR/USD remains on the front foot near nine-month high. Hawkish comments from European Central Bank officials contrast with the dovish bias surrounding the Federal Reserve to...
GBP/USD clings to mild gains after reversing from 7.5-month high the previous day. UKICE reports no likely change to Brexit terms despite UK’s latest hardships. Concerns...
Gold price retreats from intraday highs as bulls seek fresh clues to keep the reins. Challenges to US-China ties, mixed PMIs from Asia-Pacific majors probe XAU/USD...
USD/CHF prints mild losses during the first daily fall in three. Mixed sentiment, pre-data anxiety joins China-linked optimism to weigh on USD/CHF prices. US inflation expectations,...
GBP/USD is showing a lackluster performance as investors await US/UK PMIs for fresh cues. The Fed might decelerate its interest rate hike pace again to 25...
NZD/USD is seeking more upside above 0.6500 as the risk profile is supporting risk-perceived assets. US inflation softening resulted in a decline in the US Dollar...
GBP/USD takes the bids to refresh intraday highs, up for the fifth consecutive day. Expectations of UK stimulus bolster as British business push PM Sunak to...
Gold price remains sidelined near nine-month high after a five-week uptrend. Mixed signals from the Federal Reserve, mostly downbeat United States data improved sentiment and propelled...
The US ISM Services PMI dropped below 50 in December. The US Dollar continues to weaken against its major rivals. The economic activity in the US...
GBP/USD has sensed selling pressure around 1.1930 amid a recovery in the US Dollar Index. A recovery in the risk-on profile is getting faded as investors...
Asian stocks have rebounded as shrinkage in US manufacturing activities trims further policy tightening by the Fed. Chinese equities have soared after the release of an...
China’s Caixin Services pmi for December arrived at 48.0 vs. 47.5 expected and 46.7 prior, showing that the country’s services activity slowed its pace of contraction...
USD/CAD has exposed to drop to near 1.3450 amid weak US Treasury yields. Investors will keep an eye on US/Canada Employment data for fresh cues. Oil...
The USD/JPY recovery falters once again near 131.40 amid the return of full markets. The Yen gains on the Nikkei report and upbeat Japan’s final Manufacturing...