EUR/GBP gains traction above 0.8700, eyes on Eurozone, UK PMI data

Share: EUR/GBP holds positive ground around 0.8720 ahead of Eurozone, UK key data. ECB President Christine Lagarde said the discussion about rate cuts is premature. BoE Governor Andrew Bailey stated that the Middle East conflict could add to the risk that inflation could go back up. Traders will closely monitor the Eurozone and

New Zealand Services PMI drops into contraction: economic angst ahead?

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

New Zealand Business PMI eases to 42.5 in October vs. 45.3 prior

Share: The Business NZ Performance of Manufacturing Index (PMI), also known as the New Zealand Manufacturing PMI came in at 42.5 in October from September’s print of 45.3. “Today’s PMI is not a good look for GDP and employment growth. Our GDP forecasts already include a decline in the manufacturing sector in the

Canadian October S&P Global services PMI 46.6 vs 47.8 prior

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

US October S&P Global final services PMI 50.6 vs 50.9 prelim

Prior was 50.2 Composite 50.7 vs 51.0 prelim Prior composite 50.2 business confidence rose to the strongest in four months, Input prices and output charges increased at the weakest rates in three years New orders fell for the third month running, albeit at only a slight pace The ISM services sector survey is due at

Australia Judo Bank Composite PMI up to 47.6 in October from previous 47.3

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Nasdaq, Gold, US Dollar; FOMC, BOJ, BoE, China PMI, Euro Area Inflation, US Jobs

If you’re new to trading and would like to know how to develop confidence in trading, click on the free guide! Recommended by Manish Jaradi Building Confidence in Trading Global equity markets declined, led by the US on mixed third-quarter earnings, lingering uncertainties in the Middle East, and higher for longer interest rate outlook. The

EUR/USD Nudges Lower after Weak Eurozone PMI Data

EUR/USD Forecast – Prices, Charts, and Analysis The Euro edges lower on weak PMI data.. Sliding US Treasury bond yields undermine the US dollar. Download our Latest Q4 Euro Forecast Below Recommended by Nick Cawley Get Your Free EUR Forecast The German economy remained in contraction territory for the fourth month in a row, according