The UK economy showed signs of losing momentum in July, with Composite PMI falling from 52.0 to 51.0. A modest rise in Manufacturing PMI to 48.2 from 47.7 failed to offset a sharp slowdown in Read more…
The GBP/USD pair climbed to a two-week high on Thursday, holding near 1.3578, bolstered by improved global risk sentiment following the US-Japan trade agreement. The deal, which replaces previously proposed 25% tariffs with a 15% Read more…
Today at 15:15 GMT+3, the European Central Bank (ECB) will announce its interest rate decision, followed by a press conference at 15:45 GMT+3. According to Forex Factory, the main refinancing rate is expected to remain Read more…
The British currency continues its recovery following a test of key technical support levels. GBP/USD and GBP/CAD have risen amid moderate US dollar weakness and mixed Canadian macroeconomic data. Investor attention remains focused on upcoming Read more…
S&P 500 and Nasdaq 100 E-mini futures continued to edge higher in Asia’s Thursday session, up 0.1% and 0.3% respectively. Gains were supported by upbeat sentiment from Wednesday’s US session, despite mixed Q2 results from Read more…
Eurozone private sector activity accelerated in July, with Composite PMI rising from 50.6 to 51.0—its highest level in 11 months. Manufacturing PMI improved slightly from 49.5 to 49.8, a 36-month high, edging closer to the Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. After the end of a long day, there’s nothing better than Read more…
Daily Pivots: (S1) 198.14; (P) 198.61; (R1) 199.48; More… GBP/JPY is still bounded in consolidations below 199.96 and intraday bias stays neutral. While deeper pullback cannot be ruled out, further rally will remain in favor Read more…
Daily Pivots: (S1) 171.71; (P) 172.22; (R1) 173.08; More… Intraday bias in EUR/JPY remains neutral as consolidations continue below 173.21. With 170.78 support intact, further rally is expected. On the upside, break of 173.21 will Read more…
Daily Pivots: (S1) 0.8647; (P) 0.8669; (R1) 0.8690; More… Intraday bias in EUR/GBP remains neutral as sideway consolidations continue below 0.8696. Further rally is expected with 0.8607 support intact. On the upside, above 0.8696 will Read more…