Top Stories
Latest News
US Dollar steadies after US Services PMI contracts against all odds
1740152034 from FXSTREET
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is trading around 106.60 at the time of writing after a rather disappointing United States (US) preliminary Purchase Manager's Index (PMI)
DXY: Short-covering lifts USD into weekend – Scotiabank
1740142688 from FXSTREET
The US Dollar (USD) is trading higher on the day overall, with yesterday’s big winner, the JPY, this morning’s big loser after Japan’s January headline CPI reflected the anticipated pick up to 4.0% Y/Y, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Eurozone Preliminary Manufacturing PMI advances to 47.3 in February vs. 47 expected
1740128505 from FXSTREET
The Eurozone manufacturing sector improved but remained in contraction while the services sector activity eased in February, according to the data from the HCOB's latest Purchasing Managers Index (PMI) Survey published on Friday.
USD/JPY Price Forecast: Rallies amid retreating JGB yields after BOJ Ueda’s comments
1740128123 from FXSTREET
The USD/JPY pair stages a solid recovery of nearly 150 pips from the 149.30-149.25 region, or its lowest level since December 3 touched this Friday, and sticks to strong gains through the early European session.
Forex Today: Market focus shifts to February PMI data
1740121704 from FXSTREET
Here is what you need to know on Friday, February 21: The action in financial markets quiets down on Friday as investors await preliminary February Manufacturing and Services Purchasing Managers' Index (PMI) data from Germany, the Eurozone, the UK and the US.