
Forex today – Asian session: Global PMIs disappoint and USD suffers a downward correction
The Asian and European session on Thursday will be quiet in terms of economic data. However, later in the day,
The Asian and European session on Thursday will be quiet in terms of economic data. However, later in the day,
The EUR/USD pair reverses previous losses and trades at 1.0858, up 0.21%, as recession fears loom on both sides of
NZD/USD broke above the 0.5980 zone, setting a three-day winning streak. US PMI indices disappointed expectations, but the US service
The AUD/USD pair is posting its third consecutive day of gains, up more than 0.60% to 0.6470. The August PMIs
WTI eases to $77.68 a barrel, down 0.54%, as global S&P Global PMIs indicate weakening global business activity. Gasoline inventories
The USD/MXN pair was down 0.48%, trading at 16.8260, as disappointing S&P Global PMIs weigh on the Dollar. US Treasury
The US S&P Global PMI disappointed expectations. Following the release of this data, the dollar fell across the board. The
Silver price tops $24.00 after S&P Global reported weak preliminary PMI data for August. The weak PMI numbers demonstrate the
EUR/USD faces additional selling pressure and tests 1.0800. Immediately to the downside is the 200-day SMA. He EUR/USD extends its
The DXY is supported by Tuesday’s gains and reaches the 104.00 zone. The next bullish point is the May high
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