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: Non-Manufacturing PMI
NZD/USD Slips Toward 0.5875 as Mixed China Data Weighs
The NZD/USD pair drifts lower toward the 0.5875 area during Wednesday’s Asian session, pressured by softer sentiment following a batch of uneven economic data from…
USD/CHF Slips Toward Lows as Soft US Data and China PMIs Weigh on Sentiment
The USD/CHF pair remains under pressure near recent lows as risk-off sentiment intensifies across markets. A combination of disappointing US economic data and weak Chinese…
Bearish Pressure on EUR/USD as US Treasury Yields Surge to Multi-Year High
After a brief rise to start the day, the EUR/USD currency pair retraced its gains and fell again. The pair hit a high of 1.0591…
NZD/USD Stuck at Three-Week Lows as Mixed China PMIs and Weak Consumer Confidence Weigh
On Friday morning, the New Zealand dollar rested at a multi-day low as the pair fell in response to conflicting Chinese data and bullish domestic…
GBP/USD Subject to Moderate Bearish Pressure on First Trading Session of 2023
The GBP/USD currency pair went down to around 1.2050 in the early hours of the European morning. During the Asian session, it moved sideways in…
NZD/USD Extends to 0.6000, Eyed for More Downside
After attempting to fall to 0.6038 in Tokyo, the NZD/USD pair is now dropping. Dollar bulls have gained ground following a break below the consolidation…