The Dow Jones shed 400 points in the midweek market session. Investors balked after US PMIs came in firmly mixed. US Manufacturing set to slow further,...
NZD/USD recovers swiftly from 0.5910 as the US Dollar corrects. The US Dollar weakens after mixed US S&P flash PMI for July. China’s dismal economic prospects and...
S&P Global Composite PMI in the US edged higher in July’s flash estimate. US Dollar Index stays under bearish pressure, declines toward 104.00. The business activity...
EUR/USD falls to near 1.0830 as weak preliminary Eurozone PMI weighs on the Euro. The ECB is expected to cut interest rates two times more by...
Germany’s Manufacturing PMI dropped to 42.6 in July vs. 44.0 anticipated. Services PMI for the German economy fell to 52.0 in July vs. 53.1 estimate. EUR/USD falls further...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
EUR/JPY turns lower for the third straight day and drops to over a one-month low on Wednesday. The recent suspected intervention, along with BoJ rate-hike bets...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
EUR/USD grinds down back to 1.0850 as investors huddle ahead of key data prints. EU and US PMI figures are due on Wednesday. US GDP update...
The Dow Jones failed to make meaningful headway on Tuesday. A trio of US data prints loom overhead throughout the week’s back half. With hopes of...
The risk-off sentiment prevailed on Tuesday, motivating the Greenback to regain some balance despite yields retreated in the global money markets. Moving forward, its PMI-day on...
GBP/JPY followed other Yen pairs lower on Tuesday. The Yen is extending a near-term recovery after successive “Yenterventions”. Key UK and Japanese economic data due in...
EUR/USD continued to drift near 1.0900 after a quiet start to the new trading week. The Euro is poised for a rebound after paring back gains...
EUR/USD hovers around 1.0870, remains on defensive due to multiple headwinds. A few ECB policymakers remain comfortable with expectations of two more rate cuts. The US...
The Oil price dives further amid growing concerns over China’s economic outlook. The PBoC surprisingly reduced its Loan Prime Rate by 10 bps. Kamala Harris’s nomination...
Canadian Dollar backslides across the board after net jobs contract. Canada printed the second net negative jobs figure in 2024. Losses limited against the Greenback after...
GBP/USD climbed towards 1.2780 on Wednesday as rate cut hopes reignite. US data broadly missed the mark, signs of further softening mount. UK election on Thursday...
Canadian Dollar climbs a third of a percent against Greenback after sour data patch. Canada economic data remains thin until Friday’s labor figures. US data broadly...
Dow Jones churns close to flat on Wednesday as index gets left out of bull run. Dow Jones struggles as other US equity indexes climb into...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...