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Pound Sterling trades with caution ahead of flash UK-US PMI data
The Pound Sterling (GBP) trades cautiously against its major peers on Thursday as investors await the preliminary United Kingdom (UK) S&P Global Purchasing Managers’ Index (PMI) data for August, which will be published at 08:30 GMT.
Fxstreet
Thu, Aug 21
EUR/JPY price forecast: Remains above 171.50 support after German PMI data
EUR/JPY steadies after two days of losses, trading around 171.70 during the early European hours on Thursday. The currency cross moves little following the release of HCOB Purchasing Managers’ Index (PMI) data from Germany and the Eurozone.
Fxstreet
Thu, Aug 21
NZD/USD Price Forecast: Struggles near 0.5820, below 200-day on RBNZ's dovish stance
The NZD/USD pair touches a fresh low since April 14, around the 0.5815 region, during the Asian session on Thursday and looks to extend the previous day's dovish Reserve Bank of New Zealand (RBNZ) inspired slump.
Fxstreet
Thu, Aug 21
USD/JPY Price Forecast: Trades sideways above 147.00 ahead of key US-Japan events
The USD/JPY pair consolidates in a tight range around 147.40 during the late Asian trading session on Thursday. The pair trades sideways as investors await Federal Reserve (Fed) Chair Jerome Powell’s speech at the on Friday.
Fxstreet
Thu, Aug 21
EUR/GBP flat lines near 0.8650 as traders await Eurozone/UK PMI data
The EUR/GBP cross trades on a flat note around 0.8655 during the early European session on Thursday. Traders prefer to wait on the sidelines ahead of the preliminary reading of the HCOB Purchasing Managers Index (PMI) for August from the Eurozone and Germany, which are due later on Thursday.
Fxstreet
Thu, Aug 21
GBP/JPY flat lines above 198.00 as BoE-BoJ policy divergence caps gains ahead of UK PMIs
The GBP/JPY pair holds steady above the 198.00 mark during the Asian session on Thursday, though the lack of any meaningful buying warrants caution before positioning for an extension of the overnight bounce from a nearly two-week low.
Fxstreet
Thu, Aug 21
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