UK Preliminary Composite PMI Jumps to 53.9 from 51.4 Prior
Flash estimates indicate a significant acceleration in the UK economy at the start of the year. The S&P Global Composite…
Tag: Economic Data
EUR/JPY edges higher as Eurozone inflation cools and Japan faces political instability
EUR/JPY is trading around the 183.50 level on Monday, registering a 0.10% gain for the day against a background of…
Steady Canadian inflation outlook for December strengthens case for BoC pause
Statistics Canada is scheduled to release December’s inflation data on Monday. These figures will provide the Bank of Canada (BoC)…
Sterling advances against a softer US Dollar; focus shifts to upcoming UK data
During Monday’s European trading session, the Pound Sterling (GBP) gained 0.15% against the US Dollar (USD), trading near the 1.3400…
GBP/USD holds steady near 1.3380 as robust data lifts the US Dollar
During Friday’s North American session, the GBP/USD pair is consolidating sideways near 1.3380. Although Sterling reached a daily high of…
EUR/GBP Slips Towards 0.8700 Following Eurozone and UK Manufacturing Data
The EUR/GBP pair posted losses for a third consecutive day, though it remains confined within a tight 0.8700-0.8740 trading band.…
GBP/USD Drops Below 1.3450 After UK Manufacturing PMI Release
The British Pound faced resistance at 1.3475 during early London trading on Friday, pulling back to the 1.3450 support level.…
NZD/USD Stabilizes Near One-Month High, Below Mid-0.5700s, Following Weaker Chinese Data
The NZD/USD pair is consolidating its recent strong gains near a one-month peak, touched on Friday, as it oscillates within…
RatingDog China Manufacturing PMI Misses Forecast, Falling to 49.9 in November (Expected 50.5
China’s RatingDog Manufacturing Purchasing Managers’ Index (PMI) unexpectedly moved back into contraction territory in November, dropping to 49.9 from October’s…
EUR/USD Remains Near Recent Highs as US Durable Goods and Jobless Claims Data Await Release
The EUR/USD pair is holding onto its gains on Wednesday, trading around 1.1575, though it remains capped below the 1.1600…