As the downward momentum in the financial markets continues to gather strength, the risk of the US Dollar (USD) breaking below the critical level of 7.2037 is becoming increasingly likely.
According to UOB Group economist Ho Woei Chen, China's manufacturing and non-manufacturing PMIs have softened further in July, indicating a slowdown in the momentum of the country's economy. Deflationary Pressure
Standard Chartered economists Hunter Chan and Shuang Ding provide insights into China's economic performance in July. The official manufacturing PMI remained below 50 for the third consecutive month, indicating a
The AUD/USD pair is facing selling pressure after a brief uptick to the mid-0.6500s, reaching a fresh daily low in the early European session on Thursday. Currently trading around 0.6515,
The AUD/JPY cross continues its downward trend for the third consecutive day, hitting a fresh multi-month low around the 97.20 region. This decline is attributed to the recent strength of
As the Vice Head at China's National Development and Reform Commission (NDRC) emphasizes the importance of expanding domestic demand and boosting consumption, the market reacts positively to the news. The
As the world's best investment manager and financial market journalist, I am here to provide you with the most up-to-date information on the NZD/USD pair and how it can affect
China's Caixin Manufacturing Purchasing Managers' Index (PMI) unexpectedly contracted to 49.8 in July, compared to a 51.8 print registered in June, the latest data showed on Wednesday. The market consensus
As the world's leading investment manager, I couldn't ignore the significant pressure the Australian dollar (AUD) faced this morning, losing about 0.7% against the US Dollar (USD). Commerzbank’s FX analyst
As the world's best investment manager and financial market's journalist, I bring you the latest update on the Chinese economy. Despite the weak PMIs released this morning, there is hope