Spain’s Manufacturing Sector Contracts as June PMI Misses Forecasts
Spain’s manufacturing sector unexpectedly slipped into contraction in June, as the HCOB Manufacturing Purchasing Managers’ Index (PMI) came in at 49.7, below both
Forex News
Forex News
GBP/JPY Price Forecast: Bulls Target 216 as Breakout Gains Momentum
The GBP/JPY currency pair has broken out of its recent trading range, with bullish momentum pushing prices toward the 216.00 level. The Relative
Forex News
The Australian Dollar Waits Between Beijing and Washington
The Australian dollar is treading water, caught between the gravitational pull of China’s economic engine and the policy signals emanating from Washington. For
Forex News
New Zealand Dollar Holds Losses as Safe-Haven Demand Bolsters US Dollar
The New Zealand Dollar (NZD) remained under pressure during Wednesday’s trading session, holding onto recent losses as the US Dollar (USD) strengthened on
Forex News
Switzerland SVME PMI Misses Forecasts, Drops to 54.3 in June
Switzerland’s manufacturing sector showed signs of cooling in June, as the SVME Purchasing Managers’ Index (PMI) fell to 54.3, significantly below the market
Forex News
Forex Markets on Edge as Major Central Bank Leaders Prepare to Speak
Currency markets are trading with caution this week as traders position ahead of a series of speeches from leaders of the world’s major
Forex News
Italy Manufacturing PMI Misses Forecasts, Slips to 52.2 in June
Italy’s manufacturing sector expanded at a slightly slower pace than anticipated in June, as the HCOB Manufacturing Purchasing Managers’ Index (PMI) came in
Forex News
Chinese Yuan Holds Steady Against US Dollar, UOB Analysts Note Consolidation Phase
The Chinese yuan is trading in a narrow range against the US dollar, entering a consolidation phase after recent fluctuations, according to analysts
Forex News
France Manufacturing PMI Surges Past Expectations in June, Signaling Sector Resilience
France’s manufacturing sector posted a stronger-than-expected performance in June, with the HCOB Manufacturing Purchasing Managers’ Index (PMI) coming in at 51.2. This reading
Forex News
Austria Unemployment Dips to 295.5K in June, Signaling Labor Market Resilience
Austria’s unemployment figures showed a notable decline in June 2024, with the number of jobless individuals falling to 295,500, down from 301,700 in