PMIs

The PMIs are out and now it's time for the leading lagging indicators to take center stage! Inflation updates may move interest rate expectations for major central banks, while global GDP releases may influence the strength of…

The latest round of manufacturing and services PMI readings from the US economy reflected a faster pace of expansion for both sectors. May Flash Manufacturing PMI: 50.9 (50.0 forecast, 50.0 previous) May Flash Services PMI: 54.8 (expect…

US Dollar (DXY) Latest Analysis and ChartsS&P PMIs – services miss, manufacturing improvesThe US dollar holds earlier gains.The US service sector slowed down in February, while the manufacturing sector picked up, the latest flash PMIs…

GBP/USD Analysis and ChartsUK business activity continues to expand.GBP/USD buoyed by Sterling strength and US dollar weakness.​Most Read: US Dollar Trims Losses After Fed Minutes Caution Against Early CutsDownloadour Complimentary Guide…

Mon: Swedish CPIF (Jan), Canadian Producer Prices (Jan), Holiday: US (President’s Day) , EU Red Sea Policing StrategyTue: PBoC LPR, RBA Minutes (Feb), EZ Current Account (Dec), Canadian CPI (Jan)Wed: FOMC Minutes (Jan), UK PSNB (Jan), South…

Euro (EUR/USD) Analysis and ChartsEUR/USD stayed in the green despite news that business activity contracted again in JanThe Composite PMI has been below the key 50 mark for eight monthsStill, the ECB is expected to stand pat on rates with…

© Reuters. Investing.com - The U.S. dollar retreated from six-week highs in early European trade Wednesday amid rising risk appetite, while the euro struggled to push higher ahead of this week’s European Central Bank policy meeting.…

GBP/USD and EUR/GBP Latest Analysis and ChartsServices activity was at an eight-month high in January.Cable clips 1.2773 after the data release.​Most Read: British Pound Weekly Forecast: Ranges Look Set to Hold, But Watch US Data…

© Reuters. Investing.com-- Most Asian currencies fell on Tuesday, marking a weak start to the year as dismal Chinese economic readings continued to pile in, while the dollar steadied in anticipation of more key U.S. data this week.…

AUD/USD ANALYSIS & TALKING POINTSAustralian PMI’s concerning but encouraging news from China and a weaker USD keep the AUD elevated.Thanksgiving Day sees no additional high impact data scheduled for today.AUD/USD faces key resistance…