A big batch of PMIs In the euro area, the April flash PMI report is released, a key input ahead of the ECB meeting. A big batch of PMIs In the euro area, the April flash PMI report is released, a key input ahead of the ECB meeting. We expect the manufacturing PMI to show a
New highs If you handed a market chart to an alien – any of the big ones, including US, European or tech-heavy Asian indices – they would barely guess that the world is being shaken by intense geopolitical tensions that brought transit at one of the planet’s most critical...
The Indian Rupee (INR) extends its losing streak for the fourth trading day against the US Dollar (USD) on Thursday. The Indian Rupee (INR) extends its losing streak for the fourth trading day against the US Dollar (USD) on Thursday.
When are the German/ Eurozone flash HCOB PMIs for April and how could they affect EUR/USD? When are the German/ Eurozone flash HCOB PMIs for April and how could they affect EUR/USD? The preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for Ap
The preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for April is due for release today at 07:30 and 08:00 GMT, respectively. The preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for April is due for release t
There are just a couple of expiries to take note of on the day, as highlighted in bold below. There are just a couple of expiries to take note of on the day, as highlighted in bold below. That being for EUR/USD with a heavy chunk layered between 1.1650 to 1.1700. As
Dollar bid deepens as Oil whispers and funding nerves stir The dollar is not rallying with a siren blaring; it is climbing like water through cracks in the system, quietly finding every structural weakness and filling... Dollar bid deepens as Oil whispers and funding nerve
EUR/GBP posts modest gains above 0.8650 ahead of Eurozone, UK PMI releases The EUR/GBP cross trades with mild gains around 0.8675 during the early European session on Thursday. EUR/GBP posts modest gains above 0.8650 ahead of Eurozone, UK PMI releases The EUR/GBP cross tra
Indonesian Rupiah plummets to 17,324 or fresh record low vs USD on Mideast tensions The USD/IDR pair gains strong follow-through positive traction for the third successive day and rallies beyond the 17,300 level, hitting a fresh all-time peak during the Asian session on... <p
AUD/JPY Price Forecast: Softens below 114.00, but uptrend holds above 100-day EMA The AUD/JPY cross attracts some sellers to around 113.95 during the early European session on Thursday. AUD/JPY Price Forecast: Softens below 114.00, but uptrend holds above 100-day EMA The A
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