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EUR/GBP hovers around 0.8650 following PMIs from UK, Eurozone
EUR/GBP remains steady after registering gains in the previous session, trading around 0.8660 during the European hours on Thursday. The currency cross moves little following the release of mixed S&P Global UK Purchasing Managers’ Index (PMI) data.
Fxstreet
Thu, Aug 21
USD/CHF keeps wavering around 0.8050, awaiting fundamental triggers
The US Dollar reversal from Wednesday’s highs around 0.8090 against the Swiss Franc has been contained right above 0.8020, which leaves the pair moving back and forth within the 70-pip range where it has been trapped for more than seven days.
Fxstreet
Thu, Aug 21
EXCLUSIVE-China considering yuan-backed stablecoins to boost global currency usage, sources say
China's State Council to approve new yuan internationalisation plan later this month-sources Yuan-backed stablecoins seen as key amid US dollar dominance-sources Hong Kong and Shanghai to fast-track local implementation of the plan-sources China to discuss wider use of yuan at summit in Tianjin-...Reuters
Thu, Aug 21
FOREX-Dollar drifts as investors ponder Fed independence, await Jackson Hole
Trump's Fed attacks chip away at investor confidence Investors worry about Fed independence All eyes on Powell's speech at Jackson Hole on Friday Odds of Fed rate cut next month above 80%By Ankur Banerjee and Jaspreet Kalra SINGAPORE, Aug 21 (Reuters) - The U.S. dollar drifted on Thursda...Reuters
Thu, Aug 21
Eurozone Preliminary Manufacturing PMI expands to 50.5 in August vs. 49.5 expected
The Eurozone manufacturing sector unexpectedly returned to expansion, while the services sector activity declined in August, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Thursday.Fxstreet
Thu, Aug 21
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
