Euro Under Pressure: Softer PMI Data Challenges ECB Tightening Case, BNY Says
The euro faced renewed selling pressure this week after a batch of softer-than-expected Purchasing Managers’ Index (PMI) readings from the eurozone cast doubt
The euro faced renewed selling pressure this week after a batch of softer-than-expected Purchasing Managers’ Index (PMI) readings from the eurozone cast doubt
Commerzbank analysts have noted that natural gas prices are finding support from a combination of intense heat waves and resulting power outages across
The British pound came under renewed selling pressure on Thursday after the latest UK Purchasing Managers’ Index (PMI) data fell short of market
The four-week moving average of the United States ADP employment change has increased to 30.75K, according to the latest data release. This metric,
Analysts at Rabobank have highlighted a softening trajectory for both Brent and West Texas Intermediate (WTI) crude oil benchmarks following the reopening of
The EUR/USD currency pair is testing fresh 11-month lows around the 1.3991 level during Thursday’s trading session, extending its recent downtrend as the
President Donald Trump announced on Tuesday that Iran has agreed to the highest level of nuclear inspections, a development that could reshape the
The Indian Rupee extended its decline against the US Dollar on Tuesday, pressured by growing expectations that the Federal Reserve will maintain or
The Hungarian Forint has demonstrated notable resilience in recent weeks, a development that analysts at Societe Generale believe could provide the Magyar Nemzeti