US ISM Services PMI rose from 51.2 to 51.9 in April, below expectation of 53.1. Looking at some details, business activity/production dropped from 55.4 to 52.0. New orders rose from 52.2 to 56.1. Employment dropped from 51.3 to 50.8. Prices rose from 59.5 to 59.6. ISM said: “There has been a slight uptick in the […]
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The Australian dollar has posted slight losses on Tuesday. In the European session, AUD/USD is trading at 0.6247, down 0.18% at the time of writing. RBA minutes hint at rate cut The Reserve Bank of Read more…
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