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Australia S&P Global Services PMI dipped from previous 53.6Â to 52.9 in August
Australia S&P Global Services PMI dipped from previous 53.6Â to 52.9 in August
Australia S&P Global Manufacturing PMI unchanged at 52 in August
Australia S&P Global Manufacturing PMI unchanged at 52 in August
Australia S&P Global Composite PMI down to 52.5 in August from previous 53.2
Australia S&P Global Composite PMI down to 52.5 in August from previous 53.2
GBP/JPY Price Forecast: Bulls eye 217.00 as rally extends
The GBP/JPY advanced over 0.72%, refreshing a 14-day high of 216.90, with buyers eyeing a breakout above 217.00, which could open the door to a retest of the yearly highs hit in mid-July. The pair trades at 216.73 after bouncing off the daily low of 215.04.
New Zealand Exports dipped from previous $8.09BÂ to $7.39B in July
New Zealand Exports dipped from previous $8.09BÂ to $7.39B in July
New Zealand Imports up to $9.34B in July from previous $8.07B
New Zealand Imports up to $9.34B in July from previous $8.07B
New Zealand Imports dipped from previous $8.07BÂ to $7.39B in July
New Zealand Imports dipped from previous $8.07BÂ to $7.39B in July
Australian Dollar weakens as US yields rebound, PMIs fail to impress
The Australian Dollar retreated against the Greenback on Thursday as US bond yields resumed their advance, despite the US Treasury's efforts to cap elevated yields following its announcement of a long-end bond buyback program. The AUD/USD trades at 0.7114, down 0.14%.
Australia's S&P Global Manufacturing PMI steadies at 52.0 in August
The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 52.0 in August versus 52.0 prior, the latest data published by S&P Global showed on Friday.
United Kingdom GfK Consumer Confidence came in at -14, above forecasts (-18) in August
United Kingdom GfK Consumer Confidence came in at -14, above forecasts (-18) in August
The Japanese Yen is the reason for its own hike
USD/JPY trades near 159.00 late in the session, 0.5% higher on the day and a little over a point clear of a rising 200-day Exponential Moving Average (EMA) near 158.00.
The British Pound is buying an energy bill, not inflation
GBP/USD trades just beneath 1.3650 late in the session, 0.2% higher on the day and at its highest level in more than four months.
Euro fades below 1.1700 as US Dollar rebounds on yields
The Euro remains steady below 1.1700 after failing to hold gains above it, despite hitting a three-month high. Broad US Dollar strength kept EUR/USD from ending Thursday’s session above the 1.1700 mark, with the pair finishing at around familiar levels, unchanged from Thursday’s opening price.