Tag: pmi
EUR: Momentary Shortness of the EU Industry or Change of Trend?
The manufacturing sector of the euro area continued to remain strong in February, although the growth rate of new orders declined in relation to...
Eurozone PMI highest since 2011
Today there is a lot of PMI data from all around the Europe, the most important readings were from France and Germany, both countries...
GBP: PMI Services Fall to the Lowest Level in 11 Months. GBP Reaction
The UK Purchasing Managers Index (PMI), prepared by CIPS and Markit Economics, fell to 53.2 from 53.8. Analysts expected a reading of 53.5. Low...
Dollar punished by political drama in Washington
The battered Dollar licked its wounds near a 15-month low against a basket of global currencies during early trading on Wednesday, as investors repositioned...
Q2 GDP Data Fails to Impress as US Dollar Extends Declines – EURUSD, GBPUSD,...
Daily Forex Market Preview, 31/07/2017
On Friday, the second quarter gross domestic product data was released which showed that the US economy expanded at a...
Dollar Attempts to Post a Rebound – EURUSD, GBPUSD, USDJPY
Daily Forex Market Preview, 25/07/2017
The markets were seen trading subdued yesterday with the lack of any tier-one data. Economic data, for the most part,...
US Dollar Trades Flat After FOMC Minutes – EURUSD, GBPUSD, AUDUSD
Daily Forex Market Preview, 06/07/2017
The US Federal Reserve released the meeting minutes from the June monetary policy. The minutes showed that Fed officials debated...
GBP/USD Tests 1.2900 After Weak PMI Data
The drop in PMI services for June was not related to the Eurozone alone. According to the data released after 10:30 am, the UK...
US Markets Reopen With FOMC Meeting In Focus – EURUSD, GBPUSD, AUDUSD
Daily Forex Market Preview, 05/07/2017
The US dollar was seen trading mixed yesterday. The US markets were closed on account of the Independence Day holiday....
Yen Gains After Abe Setback, European Stocks Bounce
This week, the dollar is starting off on a strong note as US interest rates continue their increase from Friday. For example, 10-year yields...