posted by
FXTimes
330 days ago
in GBP, Fundamental, Manufacturing
We had waiting for the UK manufacturing data this week to give us an indication into how the UK economy fared in June and as this indicator had been weaker than expected 3 months in a row prior to June. Well, we got another weaker report as the P
posted by
FXTimes
338 days ago
in EUR, Fundamental, Manufacturing
The major shortage of good news as we see China slowing down, doubts surfacing about the Greek austerity measures, Bernanke flagging weaker growth in the US, and UK data continuing to disappoint left traders with few avenues but the "risk-off" tr
posted by
FXTimes
351 days ago
in GBP, Fundamental, Manufacturing
Today, we saw UK fundamentals give the GBP/USD a jolt as manufacturing output for the 1st month of the 2Q was deeply negative, sliding at its fastest pace in 2 years. The danger is that manufacturing and exports are expected to help power economi
posted by
eToro
351 days ago
in GBP, Fundamental, Manufacturing
Yesterday, the Bank of England’s Monetary Policy Committee left their benchmark interest rate at 0.5%, as was widely expected by markets and analysts alike. That makes this the 27th consecutive month of low interest rates, even in the face of ri
posted by
FXTimes
360 days ago
in USD, Fundamental, Manufacturing
The Manufacturing PMI showed its biggest 1 month drop since 1984, with the index coming in at 53.5 compared to April’s 60.4. Forecasts were for a much smaller decline to the 57-58 range. Regional manufacturing surveys have underperformed all mont
posted by
ramillav
361 days ago
in AUD, Daily, Manufacturing
The Aussie dollar has recorded solid gains in domestic trade with price action now peaking around daily highs of 107.5 US cents.
posted by
FXTimes
361 days ago
in Fundamental, Manufacturing, Consumer
Risk-on trading took a pause as the US posted its Chicago PMI and Conference Board Consumer Confidence index, both coming in weaker than expected, and continuing the theme of softening US fundamental data. The Dollar slipped against the Yen, givi
posted by
FXTimes
367 days ago
in USD, Fundamental, Manufacturing
US durable goods orders – those designed to last more than 3 years – fell by 3.6% in April, a figure that was lower than forecasts, led by declines in airplanes and supply disruptions to auto manufacturers. That will undercut the USD from an inte
posted by
Benzinga
376 days ago
in USD, EUR, Manufacturing
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The U.S. economy posted another bad result today, after NY Empire State Manufacturing Index fell below analysts' expectations in May. According to Federal Reserve Bank of New York, the index f
posted by
TraderManagement
389 days ago
in GBP, Manufacturing
UK PMI fell to 54.6 in April; the lowest recording on the index since September 2010. Whilst the index remains above the all important 50.0 level, the data will prove disappointing as the British manufacturing sector had, hitherto, proven to be
posted by
forexcrunch
421 days ago
in GBP, Manufacturing
The purchasing managers’ index for Britain’s manufacturing sector dropped to 57.1 points. Early expectations stood on a fall from 61.5 to 60.7 points. The pound, that managed to settle above support in recent days, now falls.
posted by
FXTimes
422 days ago
in Fundamental, Employment, Manufacturing
The end of the week will be a busy one as we get manufacturing data from China, the US, UK and Japan. In Europe we continue to have these battling dynamics between higher inflation and the anticipation for the start of the ECB rate tightening cam