Euro slumps, dollar index edges higher after PMI data
NEW YORK :The euro dropped against the dollar on Monday as business activity reports for the euro zone economy disappointed, briefly extending declines after U.S. data showed activity there held steady, and ahead of a flurry of Federal Reserve speakers this week. The soft euro zone data supported expectations
Euro slumps, dollar index edges higher after PMI data
NEW YORK :The euro dropped against the dollar on Monday as business activity reports for the euro zone economy disappointed, briefly extending declines after U.S. data showed activity there held steady, and ahead of a flurry of Federal Reserve speakers this week. The soft euro zone data supported expectations
USD firmer as EUR dips on weak data – Scotiabank
The US Dollar (USD) is firmer overall on the session but has nudged off its earlier highs against its major currency peers, Scotiabank’s Chief FX Strategist notes.
Pound Sterling Price News and Forecast: GBP falls back as UK PMI fails to meet estimates
The Pound Sterling (GBP) falls on Monday, driven by weaker-than-expected preliminary United Kingdom (UK) S&P Global Purchasing Managers’ Index (PMI) data for September and dismal market sentiment.
CNY: Less pressure on the Yuan – Commerzbank
The yuan going to trade in the next couple of quarters a bit stronger than in the forecast made in August.
USD/JPY rises above 144.00 after mixed US flash PMI
The USD/JPY pair moves higher above 144.00 in Monday’s North American session after the release of the mixed preliminary United States (US) S&P Global Purchasing Managers’ Index (PMI) data for September.
US Dollar steady despite softer PMI data
The US Dollar (USD) gets to keep its gains booked already in early Monday trading during European trading hours. The Greenback saw substantial inflow after traders fled the Euro which got punished after substantially weaker Purchase Manager data
US composite PMI slows as election uncertainty hits confidence
The expansion of business activity in the US private sector eased slightly in September, as robust growth in services was met with the steepest contraction in manufacturing for 15 months.
Pound Sterling gains as investors digest downbeat UK PMI
The Pound Sterling (GBP) recovers intraday losses in Monday's NorthArm as investors digest weaker-than-expected preliminary United Kingdom (UK) S&P Global Purchasing Managers’ Index (PMI) data for September.
UK PMIs miss expectations as growth momentum eases
Private business activity in the UK grew less than expected in September with growth in tailing off slightly across the board, according to a purchasing managers' index (PMI) survey out on Monday by S&P Global.
Forex Today: US Dollar remains under pressure in a post-Fed rate cut world
The Greenback remains off-kilter following the Fed’s recent pivot into a rate-cutting cycle.
Eurozone business activity contracts as manufacturing downturn continues
Business activity across the eurozone unexpectedly contracted this month, according to preliminary estimates released on Monday by S&P Global and Hamburg Commercial Bank, marking the first decline in seven months due to a sustained reduction in new orders.
EUR/GBP falls to near 0.8350 following the PMI data from the UK, Eurozone
EUR/GBP extends its winning streak for the fourth successive day following the lower-than-expected Purchasing Managers Index (PMI) data from both the Eurozone and the United Kingdom (UK).
Eurozone Preliminary Manufacturing PMI eases to 44.8 in September vs. 45.6 expected
The Eurozone manufacturing sector contraction gathered steam while the services sector activity turned south in September, according to the data from the HCOB's latest Purchasing Managers Index (PMI) Survey published on Monday.
German Preliminary Manufacturing PMI drops to 40.3 in September vs. 42.4 expected
The German manufacturing sector downturn worsened in September while the services sector activity also took a hit, the preliminary business activity report published by the HCOB survey showed Monday.
NZD/USD holds positive ground near 0.6250, US PMI data looms
The NZD/USD pair trades on a stronger note near 0.6245 during the early Asian session on Monday.
USD/CAD treads water above 1.3550, upside seems limited due to higher crude Oil
USD/CAD remains in the positive territory, trading around 1.3560 during the Asian session on Monday.
Japanese Yen gains ground despite a stronger US Dollar, awaits PMI data
The Japanese Yen (JPY) recovers its intraday losses amid holiday-thinned trading on Monday.
GBP/USD weakens below 1.3350, UK/US PMI data in focus
The GBP/USD pair edges lower to 1.3310, snapping the three-day winning streak during the early Asian session on Monday.
EUR/USD holds ground near 1.1150 ahead of Eurozone PMI data
EUR/USD maintains its position around 1.1160 during the Asian hours on Monday.
3 ETF Sectors Hitting 52-Week Highs After Fed Rate Cut
These ETF sectors have been hovering around a 52-week high post Fed rate cut.
last updated on 23 Sep 22:27