Blogs

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) dropped to 46.4 in December versus the 47.5 expected and, 47.2 – November’s final print.

United Kingdom S&P Global/CIPS Composite PMI came in at 51.7, above forecasts (50.9) in December

United Kingdom S&P Global/CIPS Services PMI registered at 52.7 above expectations (51) in December

United Kingdom S&P Global/CIPS Manufacturing PMI below forecasts (47.5) in December: Actual (46.4)

The Dollar remains on the defensive, capped below 0.8700. The Fed’s Dovish turn keeps weighing on the USD.

NZD/USD continues its winning streak for the fifth successive day on the downbeat US Dollar (USD).

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/05/f-gbp44.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>UK Services PMI accelerates

<p><img width="612" height="450" src="https://www.actionforex.com/wp-content/uploads/2019/04/f-aud67.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2019/04/f-aud67.jpg 612

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2019/05/f-aud103.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2019/05/f-aud103.jpg 6

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/02/f-eur213.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploa