March 2019

European manufacturing PMIs reveal a mixed picture, German retail improves, yen falls as manufacturing PMI misses forecasts

Various manufacturing PMIs were published by IHS Markit during the Asian and London-European trading sessions on Friday, the majority weren’t listed even as low or medium impact calendar events, as they’re considered unlikely to move FX markets. Countries such as Spain and Poland aren’t major manufacturing destinations, therefore analysts tend to overlook the figures, despite […]

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Sterling eases as FX traders bank recent gains, U.S. dollar rises as USA GDP growth beats forecasts

Sterling slipped back versus its main peers during Thursday’s trading sessions, as FX traders appeared to take profits, perhaps collectively calculating that this recent bullish movement had run its course. The recent surge in the value of the U.K. pound, has related to optimism regarding the Brexit impasse. However, FX market analysts may have finally

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