China's official Manufacturing Purchasing Managers' Index (PMI) dropped to 49.1 in August, missing the market consensus of 49.5. On the other hand, the NBS Non-Manufacturing PMI rose to 50.3 in
In today's European session, the AUD/USD pair has surged to near 0.6800, defying expectations after the release of flat Australian Retail Sales data for July. Despite this, the Australian Dollar
The EUR/JPY pair has bounced back from its intraday low of 161.20, recovering all its losses and reaching around 162.50 during the European session on Friday. This movement comes after
Recent economic data from the Eurozone has been mixed, with French CPI surprising investors while German manufacturing and services sectors showing signs of weakness. The composite index in Germany fell
GBP/USD Reaches 13-Month High Before Retracing: What Does This Mean for Investors? The GBP/USD pair hit a fresh 13-month high of 1.3130 before pulling back as market sentiment shifted, leading
The Canadian Dollar (CAD) showed signs of recovery against most major currencies on Thursday, but faced a setback against the US Dollar. A shift towards the US Dollar in the
The Dow Jones Industrial Average (DJIA) took a hit on Thursday, shedding around 200 points amidst mixed US PMI figures that left investors on edge. While the Services sector saw
In today's financial market update, the price of silver (XAG/USD) has dropped to nearly $29.40 during the North American trading session. This decline is attributed to a rebound in the
The AUD/USD pair shows strength as the US Dollar weakens after the release of US weekly jobless claims data, signaling potential upside for the Australian Dollar. This comes amid optimism
The EUR/GBP pair is facing downward pressure, reaching a new almost three-week low near 0.8480. This decline is driven by the Euro weakening against the Pound Sterling following the release