Forex
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Lower Than Expected UK PMI Data Sees The GBPUSD Move Lower
08:30 AM GMT, United Kingdom – PMI Data for April: S&P Global Composite PMI (flash): actual 48.2 vs forecast 50.4; previous 51.5; S&P Global…
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A Muted EUR/USD After Lower German PMI Data
07:30 AM GMT, Germany – PMI Data for April: HCOB Germany Services PMI: actual 48.8; forecast 50.3; previous 50.9; HCOB Germany Manufacturing PMI: actual…
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USD/CHF Outlook remains bearish below 0.8250
USD/CHF gains traction to around 0.8225 in Wednesday’s early European session. The negative outlook of the index remains in play…
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GBP/USD weakens below 1.3300 as US Dollar rises
GBP/USD softens to around 1.3280 in Wednesday’s early Asian session. Markets react positively to Trump’s de-escalation, supporting the US Dollar. …
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NZD/USD strengthens above 0.5950 amid hopes for US-China trade deal
NZD/USD edges higher to near 0.5980 in Wednesday’s Asian session. The US Treasury secretary said a trade war with China…
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EUR/USD Bounces off 1.1300 neighbourhood; shows resilience below 23.6% Fibo.
EUR/USD drifts lower for the second straight day amid a further USD recovery from a multi-year low The technical setup…
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USD/CAD trades higher near 1.3850 due to potential de-escalation of ongoing tariff dispute
USD/CAD gains as the US Dollar strengthens after Treasury Secretary Scott Bessent hinted at a potential de-escalation in trade tensions.…
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AUD advances over optimism over ongoing US-China trade negotiations
The Australian Dollar retraces its losses registered in the previous session. Australia’s Judo Bank Purchasing Managers Index indicated that private…
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JPY remains on the back foot amid hopes for US-China trade deal
The Japanese Yen attracts some dip-buyers and stalls its pullback from a multi-month low against the USD. Hopes for a…
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EUR/JPY hangs near daily low, below 162.00 as traders eye Eurozone PMIs for fresh impetus
EUR/JPY surrenders a major part of Asian session gains, though the downside seems limited. Hopes for a US-Japan trade deal…
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