News
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AUD/USD recovers further from over two-month low, climbs above mid-0.6600s on softer USD
The AUD/USD pair builds on its steady intraday ascent through the first half of the European session on Thursday and recovers further from its lowest level since August 16, around the 0.6615-0.6610 region touched the previous day.Fxstreet
Thu, Oct 24
Mexican Peso reverses in technical bounce and revival of carry
The Mexican Peso (MXN) edges higher on Thursday following a reversal on Wednesday, in which it first fell to a one-month low against the US Dollar (USD) but then reversed – partly due to technical buying – and recovered by an average of about half a percent in its most heavily-traded pairs – the USD/MXN, EUR/MXN and GBP/MXN.
Fxstreet
Thu, Oct 24
USD/CAD Price Forecast: Bulls have the upper hand despite corrective slide, 1.3800 holds the key
The USD/CAD pair attracts some sellers on Thursday and moves away from its highest level since early August, around the 1.3860-1.3865 region touched in reaction to the Bank of Canada's (BoC) oversized rate cut the previous day.
Fxstreet
Thu, Oct 24
Eurozone Preliminary Manufacturing PMI improves to 45.9 in October vs. 45.1 expected
The Eurozone manufacturing sector contraction eased while the services sector activity deterirated further in October, according to the data from the HCOB's latest Purchasing Managers Index (PMI) Survey published on Thursday.Fxstreet
Thu, Oct 24
Pound Sterling consolidates ahead of flash UK PMI
The Pound Sterling (GBP) trades sideways against its major peers in Thursday’s London session as investors await the preliminary United Kingdom (UK) S&P Global/CIPS Purchasing Managers Index (PMI) data for October, which will be published at 08:30 GMT.Fxstreet
Thu, Oct 24
