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EURUSD - EURUSD Boosted by PMIs; Trade Tariffs Loom Large
EURUSD Boosted by PMIs; Trade Tariffs Loom Large
-Markit PMIs give the single-currency a lift ahead of EU trade tariff implementation. - Washington is likely to respond further as trade wars escalate. Ahead, Sunday’s EU 10 meeting will be looking at the ongoing immigration debate that is currently ...
EURUSD Firms as Eurozone PMI Suggests Recovery in Growth
Eurozone PMI data for June had been generally mixed with the service reading rising to a 4-month high at 55, above forecasts, while manufacturing remained stagnant at an 18-month low of 55, which was in line with expectations as increased trade war tariff ...
EURUSD Jumps On Strong PMI Numbers
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EURUSD Intraday Bullish Above 1.1600 Level
The euro has recovered above the 1.1600 level against the greenback, after the US dollar index failed to hold onto its strong gains above the 95.00 level on Thursday. The EURUSD pair currently trades around the 1.1615 level, and remains intraday bullish ...
EURUSD Analysis: Trades Between Strong Barriers
EUR/USD was pressured lower on Thursday morning by the combined resistance of the 55– and 100-hour SMAs. This allowed the pair to re-test its one-year low of 1.15 prior to gaining strong bullish momentum and dashing through these lines later in the session.