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Next up UK PMI data- GBP/USD has a look below 1.2500 ahead of the release
Very shortly in a couple of minutes, at 9.30am GMT the UK will also release their flash November PMI readings. The GBP/USD has already gotten caught up in the EUR/USD slide and taken a hit to just below the 1.25 handle a short while ago. It is not substantially above that level right now and ideally could do with some positive data shortly. The markets are not expecting lower readings here, but then again neither were they for the French, German and Eurozone data. The GBP/USD is currently trading at 1.2526
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EUR/USD takes out 1.0800 again
The push above 150 in the USD/JPY this afternoon has now extended and that has seen the dollar rise to around 150.25. At the same time this has added... -
S+P 500 tests correction level at 5,750 following US data
The push above 150 noted in the USD/JPY just now has come alongside further gains in the US equity space. So, it seems the service sector beat is...
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USD/JPY rises above 150 following very contrasting US PMI reports
The March US flash PMI data has just now hit the screens. The service sector reading was last at 51 and expect to be unchanged. It has risen to 54.3...
