Page 7 - Services Pmis News Today

EUR/USD came within a touching distance of 1.0900 in the early American session on Tuesday but managed to erase its daily losses.

The Reserve Bank of Australia (RBA) Assistant Governor (Economics) Sarah Hunter spoke on a panel at the AFR Business Summit on Tuesday about the economic and inflation outlook.

The Canadian Dollar (CAD) was mixed on Tuesday, either holding flat or grabbing slim gains against some of its major currency peers, all while shedding points against the US Dollar (USD).

EUR/USD touched its highest level since early January above 1.0980 on Friday but reversed its direction later in the American session to close the day with small losses.

The Canadian Dollar (CAD) had a mild recovery on a quiet Monday, trading into the green against most of its major currency peers as broader markets hunkered down and waited for a push from US Consumer Price Index (CPI) inflation figures slated for Tuesday.

The Australian Dollar (AUD) retraces its recent losses following the release of Australia’s Retail Sales and Private Capital Expenditure data on Thursday.

Australia’s monthly Consumer Price Index (CPI) arrived at 3.4% in the year to January 2024, compared to the annual increase of 3.4% seen in December, the Australian Bureau of Statistics reported on Wednesday.

EUR/USD sagged early Friday after European sentiment indicators came in below expectations, and a lopsided print in US Gross Domestic Product (GDP) figures kept the pair in familiar territory midweek.

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data and events, notably the US Federal Reserve preferred data on i

The EUR/USD pair is seen building on the previous day's goodish rebound from the 1.0815-1.0810 region and gaining some positive traction for the second straight day on Tuesday.