Blogs

Spain Markit Manufacturing PMI above expectations (44) in March: Actual (45.7)

The nation-wide shutdown in China due to the coronavirus outbreak shunned the gold buyers away from the malls, freezing the domestic bullion market. C

Analysts at Danske Bank see the EUR/GBP pair trading lower in coming months due to most factors are working against the sterling now. Key quotes “Time

The USD/JPY pair seesawed between tepid gains/minor losses through the Asian session and is currently placed in the neutral territory, just above mid-

Chinese PMI manufacturing returned to expansion territory in March, but it should not be seen as evidence for activity is back at normal, as Nordea’s

Netherlands, The Markit Manufacturing PMI dipped from previous 52.9 to 50.5 in March

The Aussie may enter a near-term rangebound, consolidation mood in the coming sessions, with the AUD/USD pair corridor between 0.6000 and 0.6200, in t

A stronger USD weighed on gold futures, despite demand remaining strong in the physical market, strategists at ANZ Bank apprise. Key quotes “Sentiment

AUD/USD has reached its 55 day ma, where it will ideally fail, according to Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank. Ke

GBP/USD had good two-way price swings on Tuesday amid the intraday USD volatility. Haresh Menghani, an analyst at FXStreet, takes a look at the cable