News
Important Only
AUD/USD: The major support at 0.6590 is set to be breached – UOB Group
GBP/USD: Trades towards 1.2850 – UOB Group
EUR/GBP hovers around 0.8400, remains under pressure after PMI data releases
EUR/USD: Likely to trade towards 1.0815 – UOB Group
UK Preliminary Services PMI improves to 52.4 in July vs. 52.5 expected
United Kingdom S&P Global/CIPS Manufacturing PMI above expectations (51.1) in July: Actual (51.8)
Forex
EUR/USD: Likely to trade towards 1.0815 – UOB Group
The Euro (EUR) is likely to trade with a downward bias. Tentative buildup in momentum suggests downside risk; any further decline in EUR is unlikely to break clearly below 1.0815, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann.Fxstreet
Jul 24, 2024
Other
Alphabet/Tesla, Harris leads a poll, European earnings - what's moving markets
Investing.com -- Wall Street looks set to open on a negative note Wednesday, with second-quarter results from tech giants Alphabet (NASDAQ:GOOGL) and Tesla underwhelming. The U.S. political situationInvesting.com
Jul 24, 2024
Forex
Eurozone Preliminary Manufacturing PMI edges lower to 45.6 in July vs. 46.1 expected
The Eurozone manufacturing sector contraction extended while the services sector activity lost its recovery momentum in July, according to the data from the HCOB's latest Purchasing Managers Index (PMI) Survey published on Wednesday.Fxstreet
Jul 24, 2024
Economic Indicator
Canada Interest Rate Decision Preview: Bank of Canada eyes another rate cut on easing inflation expectation
The Bank of Canada (BoC) is widely anticipated to lower its key interest rate by 25 basis points (bps) from 4.75% to 4.50% at its monetary policy meeting on Wednesday, July 24.
Fxstreet
Jul 24, 2024
