UK PMI

The US dollar continued to decline on Tuesday. Fed Chair, Jerome Powell was speaking at an event. He said that the Fed was closely monitoring the escalation in trade tensions and could respond by cutting rates if the economy deteriorates.… Read More

As Theresa May continues to battle to deliver her Brexit vision, the impact of the ongoing struggle is becoming clear. GBP continued its slide against the US Dollar this morning as the latest PMI data sets for the UK came in below… Read More

The week ahead starts off on a busy note with China's inflation figures due to come out for August. It is also a busy week for the British pound which will see the release of the monthly jobs report alongside the newly started monthly GDP… Read More

Daily Forex Market Preview, 03/09/2018 The U.S. dollar was seen gaining ground on Friday as the markets closed the month of August. Economic data on the day showed that the flash inflation estimates for the Eurozone rose at a slower pace… Read More

Daily Forex Market Preview - 06/08/2018 The U.S. Dollar was seen trading mixed by Friday's close. The commodity risk currencies were the biggest gainers of the day including Gold, which advanced 0.52% by Friday's close. The Euro and the… Read More

Daily Forex Market Preview, 03/08/2018 The U.S. Dollar was seen trading rather firm on Thursday. Lack of economic news flow has shifted focus on the United Kingdom. The Bank of England hiked interest rates by 25 basis points as widely… Read More

The markets open to a busy trading week which marks the first week of the third quarter. Focus turns to some of the key economic indicators across most of the G7 currencies. Starting off the week we have the BoJ Tankan Survey where … Read More

The economic calendar for the week ahead is expected to push ahead with full steam. With the start of a new trading month, a number of economic releases are expected over the week. Among the number of economic releases, the May Fed and RBA… Read More

Economic activity as measured by IHS Markit's Purchase Managers Index showed a broad based decline across the manufacturing, construction and services sector in the UK during the month of March. Combined, the 'all sector PMI' that… Read More

The week ahead will be marked with investors turning their attention to the Italian elections and US revised GDP. Although the risks are limited as far as the euro currency is concerned, any surprise results could indeed bring volatility to… Read More