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…
Tag: PMI (Purchasing Managers’ Index)
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…
Currency TradingEconomic News / Market NewsEurozone EconomyForex / FX Market AnalysisMonetary Policy (for the Fed and ECB content)
EUR/USD Under Pressure as US Dollar Strengthens Amidst Mixed Data and Fed Disagreement
The EUR/USD pair experienced moderate losses on Friday, trading at 1.1504 (down 0.20%) and hitting a two-week low of 1.1491.…
Scotiabank: GBP Demonstrates Strong Resilience Despite Weak Data
Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report that the Pound Sterling (GBP) is currently experiencing a slight…
Euro Weakens Toward 1.16 Level – Scotiabank
The Euro (EUR) is showing a modest 0.2% decline as it enters Monday’s North American session, weakening towards the 1.16…
GBP Demonstrates Stability and Strength on Cross-Currency Pairs – Scotiabank
GBP Steady Against USD, Outperforming G10 Crosses – Scotiabank The British Pound (GBP) is down slightly by 0.1% against the…