Forex

Silver price is declining after touching the top of a four-year consolidation range at roughly $30.00.  XAG/USD has fallen to $27.00 and could decline…

S&P Global PMIs are expected to indicate business activity in the US continued to expand in April. Manufacturing and Services output are seen advancing…

EUR/USD ticks lower immediately following the release of Eurozone April PMI data. The weakness is driven by the HCOB Manufacturing PMI which falls deeper…

The US Dollar eases as the Euro’s recovery weighs on the Greenback.  Surprisingly upbeat PMI data from France, Germany and the Eurozone trigger substantial…

GBP/JPY gains some positive traction in reaction to the upbeat UK Services PMI. A positive risk tone undermines the safe-haven JPY and further lends…

UK Manufacturing PMI contracted to 48.7 in April, missing estimates of 50.3. Services PMI in the UK rose sharply to 54.9 in April. GBP/USD holds higher…

Germany’s Manufacturing PMI rose to 42.2 in April vs. 42.8 forecast. Services PMI for the German economy advanced to 53.3 in April vs. 50.6 estimate.…

Silver price extends its downside near $26.95 on Tuesday.  The easing fear of wider tensions in the Middle East improves market sentiment. Reduced Fed rate…

Indian Rupee holds positive ground on Tuesday amid equity inflows, USD sales, and lower oil prices.  India’s HSBC Manufacturing PMI arrived at 59.1 in April…

GBP/USD holds steady on Tuesday amid subdued USD demand, albeit lacks bullish conviction. The divergent Fed-BoE policy expectations turn out to be a key…