US PMI Manufacturing fell from 47.9 to 47.0, marking a 15-month low. PMI Services slipped slightly from 55.7 to 55.4, while Composite PMI edged down from 54.6 to 54.4, indicating continued economic growth but at a slower pace. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, noted, “The data points to an economy […]
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Daily Pivots: (S1) 1.0498; (P) 1.0543; (R1) 1.0612; More… EUR/USD is staying in range of 1.0330/0609 for now. Intraday bias remains neutral and further decline is in favor. On the downside, break of 1.0330 will Read more…
Daily Pivots: (S1) 1.2600; (P) 1.2647; (R1) 1.2728; More… GBP/USD is staying in range of 1.2486/2713. Intraday bias remains neutral and further decline is in favor. On the downside, break of 1.2486 will resume the Read more…
Daily Pivots: (S1) 0.8787; (P) 0.8831; (R1) 0.8863; More… USD/CHF is staying in range of 0.8800/8956. Intraday bias remains neutral and further rally is still in favor. On the upside, break of 0.8956 will resume Read more…