Tag: markit manufacturing pmi

EUR/USD Edges Lower following Data Deluge

The EUR/USD fell further below 1.1000 on Monday, but the dollar’s gains were limited following mixed economic data. The EUR/USD consolidated at 1.0953 in the New...

US Dollar Backtracks as FOMC, Data Weigh

The US dollar was back on its heels Thursday, as the Federal Reserve indicated that interest rates are unlikely to rise in June, while...

GBP/USD Pares Gains following Mixed UK Data

The GBP/USD declined on Friday, but was still trading near two-month highs following disappointing manufacturing data. The GBP/USD fell sharply from the 1.5400 region, which...

EUR/USD Weekly Outlook (April 20-24)

The EUR/USD is expected to face significant action this week, which is headlined by a crucial Eurogroup meeting over Greece on Friday. The EUR/USD rallied...

US Dollar Little Changed Following Stronger CPI

The US dollar was little changed against a basket of trade-weighted currencies on Tuesday, as stronger than forecast consumer price inflation failed to generate...