Daily Pivots: (S1) 0.7145; (P) 0.7161; (R1) 0.7175; More… Intraday bias in AUD/USD remains neutral and more consolidations would be seen below 0.7221 temporary top. In case of deeper retreat, downside should be contained above 0.7000 support to bring rebound. On the upside, above 0.7221 will extend the larger up trend to 61.8% projection of […]
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UK business activity picked up in April, with the Flash PMI Composite rising from 50.3 to 52.0, a two-month high. Services activity rose from 50.5 to 52.0. Manufacturing PMI jumped from 51.0 to 53.6, the Read more…
Eurozone business activity slipped back into contraction in April, with the Flash Composite PMI dropping from 50.7 to 48.6, a 17-month low. The downturn was driven primarily by a sharp deterioration in the services sector, Read more…