Markets kick off NFP week pricing in a first Fed rate cut in November. Canada reveals unexpected downturn in Manufacturing PMI data. CAD traders will be...
Dow Jones backslides as investors balk at softening US data. Markets have shifted to bets of a November Fed rate cut. Monday kicks off NFP week...
NZD/USD jumps to 0.6815 after downbeat US ISM Manufacturing PMI report. Weak factory activity report dents the US Dollar’s appeal. The RBNZ is less likely to...
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...
NZD/USD consolidates around 0.6150 with a focus on US Manufacturing PMI. China’s upbeat Manufacturing PMI data improves global economic outlook. The Fed is less-likely to start...
China’s Caixin S&P Global Manufacturing Purchasing Managers’ Index (PMI) rose from 51.4 in April to 51.7 in May, according to the latest data released on Monday. The...
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...
NZD/USD advances strongly to 0.6160 as the US Dollar slumps after US PCE Inflation grew as expected in April. Stubbornly elevated US inflation would dent Fed...
USD/CHF gains ground near 0.9020 ahead of US PCE Inflation report for April. The US core PCE is projected to have risen steadily. Market sentiment is...
China’s official Manufacturing Purchasing Managers’ Index (PMI) dropped from 50.4 in April to 49.5 In May, the latest data published by the National Bureau of Statistics...
EUR/GBP rebounds to 0.8530 as ECB Schnabel doubts over rate cuts in July. The Euro has strengthened due to strong preliminary Eurozone PMI data for May....
EUR/USD finds cushion near 1.0800 amid improvement in the Eurozone’s economic outlook. The ECB is set to start reducing interest rates from the June meeting. The...
EUR/USD eases lower as risk-off flows bolster the Greenback. A spike in US Services PMIs reignite fears of sticky inflation. Fed rate cut hopes hinging in...
The US Dollar climbed to multi-day highs on the back of diminishing bets of a rate cut in September, strong data from US business activity in...
Canadian Dollar broadly weaker, loses ground across board. Canada brings little meaningful data to the table. CAD traders forced to wait until Friday’s Retail Sales. The...
The US S&P Global Composite PMI improved to 54.4 in May’s flash estimate, up from 51.3, indicating that business activity in the US private sector continued to...
EUR/USD holds above 1.0800 after strong preliminary Eurozone/US PMI data. The ECB is anticipated to reduce interest rates three times by the year-end. The US Dollar outlook is...
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...
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...
UK Services PMI dropped to 52.9 in May. Manufacturing PMI in the UK expanded to 51.3. in May. GBP/USD holds higher ground near 1.2740 after mixed UK...