NZD/USD Slips Toward 0.5860 as Weak Chinese Data and Stronger US Dollar Weigh on Kiwi
The NZD/USD pair traded around 0.5860 on Friday, declining roughly 0.33% as renewed weakness in China’s economic activity weighed on the New Zealand Dollar. The…
Posts Tagged: Manufacturing Purchasing Managers Index (PMI)
AUD/USD Slips Near 0.7020 as Weak China PMI and Hawkish Fed Support US Dollar
The AUD/USD pair traded around the 0.7020 level during Friday’s American session, remaining under modest selling pressure as weaker-than-expected economic data from China overshadowed stronger…
Australian Dollar Slips on Weaker Inflation, Eyes RBA Decision Amid Global Tensions
The Australian Dollar (AUD) faced downward pressure for a second consecutive session, driven by softer-than-expected inflation data from Australia. December’s Monthly Consumer Price Index (CPI)…
GBP/JPY Falls Before Tokyo CPI Release
On Monday, the British pound (GBP) fell against the Japanese yen (JPY), indicating that price volatility has persisted since the beginning of the month. Before…
Markit Manufacturing, Services Fall, Plunges Down the GBP/USD
The British pound has dropped below 1,3500 against the US dollar on the third day of trading, according to the graph. Even though it maintains…
EUR/USD Appreciates Amid US Retail Sales
With an appreciated amount of more than 1.1850, the EUR/USD currency pair makes the bullish candle mark on the graph within the instability track. This…
EUR/USD Decreases Amid Disappointing Retail Sales, Manufacturing PMI
A chart did not display a nice picture of the EUR/USD currency pair. The euro (EUR) extended downside movement against the US dollar (USD) on…
EUR/USD Jumps Ahead of German Manufacturing PMI, Business Climate Data
Since the beginning of the month, the euro has been steadily rising in value against the US dollar. It is currently trading over the 1.1600…