France Manufacturing PMI Falls to 49.8 in July, Missing Expectations
France’s manufacturing sector slipped into contraction in July, as the HCOB Manufacturing Purchasing Managers’ Index (PMI) came in at 49.8, below the neutral
Forex News
Forex News
Red Sea Disruptions Reshape Global Oil Flows, Societe Generale Warns
Red Sea shipping disruptions are fundamentally reshaping global oil flows, according to a recent analysis by Societe Generale, as tankers reroute around the
Forex News
Iran Says No Talks With US on Hormuz, Reaffirming Stance
Iran’s Foreign Ministry spokesman, Esmail Baghaei, stated on Tuesday that there are currently no negotiations between Tehran and Washington regarding the Strait of
Forex News
Italy’s Manufacturing PMI Misses Forecasts, Signaling Slower Factory Growth in July
Italy’s HCOB Manufacturing Purchasing Managers’ Index (PMI) came in at 51.3 in July, below the forecasted 52.5, indicating a slowdown in the country’s
Forex News
AUD/USD Faces Rejection at 100-Day SMA Near 0.7050, But Bullish Bias Remains
The Australian dollar encountered selling pressure near the 100-day simple moving average (SMA) at 0.7050, yet the broader technical outlook retains a bullish
Forex News
Fed Credibility, Yen Intervention Risks, and the NFP Countdown: What to Watch
The Federal Reserve’s credibility is being tested as markets recalibrate rate expectations, while Japan’s intervention risk looms over the yen, and the upcoming
Forex News
US Dollar Index Steadies as Fed Rate Hike Bets Support DXY: ING
The US Dollar Index (DXY) is finding support from growing market expectations that the Federal Reserve will continue raising interest rates, according to
Forex News
Spain’s Manufacturing Sector Loses Momentum as July PMI Misses Forecasts
Spain’s manufacturing sector showed signs of slowing in July, as the HCOB Manufacturing Purchasing Managers’ Index (PMI) came in at 50.2, below both
Forex News
Dollar Slips as Fed Holds Rates and GDP Growth Misses Forecasts
The US dollar weakened against major currencies on [Date] after the Federal Reserve kept interest rates unchanged and the latest GDP report showed
Forex News
Austria Unemployment Rate Steady at 6.9% in July
Austria’s unemployment rate remained unchanged at 6.9% in July, according to the latest data from the Austrian Public Employment Service (AMS). This stability