Eurozone PMI Manufacturing was finalized at 52.1 in June, down from April’s 54.6. That’s also the lowest level in 22 months. Readings of the member states were also weak, with the Netherlands at 19-month low Read more…
USDCAD started July’s trading on a positive note on Friday after halting its latest bearish correction around June’s support zone of 1.2863, and marginally above its 20- and 50-day simple moving averages (SMAs). The RSI Read more…
EUR/USD In the early hours of today’s trading session, the euro gained strength against the dollar and bounced back from the resistance level at 1.0490. The expectations for today’s trading session are for the bears Read more…
Illustration by Alex Castro / The Verge Google has offered to pay out $90 million to small app developers to settle a class-action lawsuit alleging that the company’s Play store policies violated federal antitrust laws. Read more…
WTI oil remains in red on Friday, pressured by growing fears of recession that continues to sour the sentiment, while comments from OPEC that the cartel is not going to increase more its production and Read more…
The Canadian dollar struggles over a slowdown in April’s GDP growth. Sentiment remains in the US dollar’s favour after a tentative break above May’s high at 1.3070. A bullish MA cross on the daily chart Read more…
The pound treads water as Britain’s Q1 GDP was in line with expectations. The pair’s struggle to hold above the demand zone near 1.2180 reveals weakness in the latest recovery. The lack of follow-up rally Read more…
The US dollar fell back after May’s PCE came out short of expectations. After a brief pullback, the pair found solid support next to the former resistance at 134.30. A pop above the recent high Read more…
The first half is finally over, but the pain is certainly here to stay. Ugly data The unemployment rate in the US fell but the average monthly job additions fell from 562 to 488’000, while Read more…
Market movers today In the euro area the market highlight today will be the HICP figures for June. Due to Germany’s energy relief measures, core inflation might hold steady at 3.8%, but we doubt that Read more…