The manufacturing sector in China continued to expand in April, and at a barely faster rate, the latest survey from Caixin revealed on Wednesday with a manufacturing PMI score of 51.1. more...
"EURUSD has been trending lower on the short-term time frames, with a potential retracement opportunity presenting itself on the 4-hour chart. Price previously broke below support around 1.0850-1.0900 before dipping close to the 1.0700 handle then pulling back.Using the Fibonacci retracement tool on the latest swing high and low shows that the 50-61.8% levels line up with the broken support zone. This might hold as resistance since it is also close ...
Activity in the U.S. manufacturing sector grew faster than anticipated in the month of May, according to a report released by the Institute for Supply Management on Monday. The ISM said its purchasing managers index climbed to 52.8 in May from 51.5 in April. EURUSD M5: 71 pips price movement by USD - ISM Manufacturing PMI news event : More...
The manufacturing sector in New Zealand expanded at an accelerated pace in December, the latest survey from Business-NZ revealed on Thursday, with a PMI score of 57.7. NZDUSD M5: 11 pips price movement by NZD - Performance of Manufacturing Index news event : More...
Last week was a relatively light one, with few key*fundamental releases, including the final version of Q2 GDP, which improved upon the initial estimates, with a print of 4.6% on the year. This week will be much heavier in terms of the number and significance of economic releases. Let’s take a look at the key ones we can expect to shake up the currency markets. Monday (9/29) German Preliminary CPI m/m (September) Forecast: -0.1% Previous 0.0% ...
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