According to analysts from Danske Bank, the US dollar will continue to move higher versus the…
Continue ReadingTag: PMI
Dollar looks to exert more control again ahead of European trading
The plunge in the dollar yesterday came after a rather abysmal US services PMI reading in which if…
Continue ReadingA rather empty calendar day beckons in Europe
The dollar was pushed lower after an appalling US services PMI reading yesterday but is looking to…
Continue ReadingPMI data to cement euro’s trip below parity
Well, it is official. EUR/USD closed below parity yesterday as price fell to its lowest since…
Continue ReadingFX Majors Weekly Outlook (8-12 August)
We finished the last week with a negative catalyst for risk coming from the US labour…
Continue ReadingGermany June factory orders -0.4% vs -0.8% m/m expected
Prior +0.1%; revised to -0.2% German industrial orders were seen softer in June, though not as…
Continue ReadingMorgan Stanley Sees Potential for Swiss Franc to Strengthen
The bank recommends selling the euro against the franc and buying the franc against the yen.…
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