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UK Manufacturing sours but is the floor in?

Forex

<h3>GBPUSD, H1</h3> <p>The UK’s final April manufacturing PMI was revised lower to 32.6 from 32.9, tumbling from 47.8 in March. The final April versions of the services and composite PMI readings will be released next week, along with the April construction PMI report.</p> <p>The UK’s preliminary April comp

FX Update – May 1 – Mixed USD

Forex

<h3>AUDUSD, H1</h3> <p>The commodity currencies have come under pressure after US President Trump soured the mood in equity markets, raising his accusations against China about the coronavirus outbreak, threatening new tariffs while, according to an unnamed source connected to the White House cited by <strong><em>Bloom

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