The National Bureau of Statistics China (NBS) released PMI data this week which shows both the manufacturing and services sector are expanding. Appetite for risk has enjoyed a great to start to the year, mostly thanks to China reopening and abandoning their covid-zero policy. It was a key reason as to why the International Monetary […]
The post China’s Economy Expanding Again, According to Official Data (USD/CNH) appeared first on Action Forex.
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The Japanese yen is steady on Friday, after gaining 2% over the past three days. In the European session, USD/JPY is trading at 145.52, down 0.09% on the day. Japan’s economy shrinks for first time Read more…
The New Zealand dollar is in positive territory on Friday. In the European session, NZD/USD is trading at 0.5906, up 0.54% on the day. New Zealand inflation expectations rise New Zealand’s two-year inflation expectations climbed Read more…