Page 5 - Services Pmis News Today

Canadian Dollar appreciates for the second consecutive day as US Jobless Claims increase beyond expectations.

The Euro posts solid gains against the US Dollar, though it faces stirring resistance at the 100-day moving average (DMA), which caps the pair's advance toward 1.0900.

WTF Is Going On With Services PMI Prices-Paid? Following the mixed picture on Manufacturing PMIs (ISM up, S&P Global down), but strong impulse in prices in…

The Australian Dollar (AUD) attempts to extend gains for the second consecutive session on Wednesday.

Further selling pressure prompted the Greenback to retreat further and put the USD Index (DXY) on track to challenge the 104.00 support after weaker-than-expected.

EUR/USD falls to the lower 1.0700s on Tuesday after more strong US macroeconomic data supports the US Dollar (USD), pushing down the probability of the US Federal Reserve (Fed) cutting interest rates by June to close to 50%.

EUR/USD came under bearish pressure in the American session on Monday and dropped to its lowest level since mid-February below 1.0750.

The Pound Sterling registered solid gains on Tuesday after diving to a one-month low of 1.2539 on Monday as European financial markets were shut off due to a holiday.

The Pound Sterling (GBP) faces some sell-off in Monday’s London session amid uncertainty as investors are yet to return to the FX domain after a holiday-stretched weekend on account of Good Friday and Easter Monday.

EUR/USD moves up and down in a very narrow band slightly below 1.0800 on Monday after closing the previous week marginally lower.