Australian Dollar strengthens as inflation measure increases in April, attention on US ISM Services PMI – FXStreet
The Australian dollar has gained strength following Prime Minister Anthony Albanese’s victory in securing a second three-year term during the 2025 federal elections. Australia’s Judo Bank Combined PMI reported a figure of 51.0 in April, indicating its seventh month of expansion. President Trump has confirmed he will not replace Federal Reserve Chairman Powell before his […]
EUR/USD dips close to 1.1300 as traders wait for US ISM Services PMI – FXStreet
The EUR/USD dropped on Monday amid concerns over potential trade tensions. President Donald Trump revealed plans for 100% tariffs on diplomatic production films, raising alarms about protectionist measures. The eurozone’s harmonized consumer price index held steady at 2.2% year-on-year in April, slightly exceeding the anticipated 2.1%. The EUR/USD hovered around 1.1320 during Monday’s Asian session. […]
Australian Dollar holds gains as US Dollar corrects downwards ahead of ISM Services PMI – FXStreet
The Australian dollar continues to strengthen following Tuesday's release of building permit statistics. The total number of approved homes in Australia (seasonally adjusted) decreased by 3.6% month-on-month to 14,998 in November 2024. Traders are awaiting the release of the US ISM Services PMI later in the North American session. The Australian dollar (AUD) rose against […]
Futures higher, ISM manufacturing PMI ahead – what's moving markets – Investing.com
Investing.com – U.S. stock index futures rose on Friday, signaling a rebound from a negative start to the year on Wall Street that featured a decline in electric vehicle group Tesla (NASDAQ:) stock. Investors are looking forward to the release of factory activity data outside the United States, which could provide a glimpse into the […]
Gold prices holding gains but lacks bullish momentum as ISM Manufacturing Index drops to 47.8 – KITCO
(Kitco News) – The gold market continues to rally above $2,050 an ounce, but there is no noticeable bullish momentum, even as U.S. manufacturing has lost further momentum since the start of the year. On Friday, the Institute for Supply Management (ISM) announced that the manufacturing business index fell to 47.8% in February, compared to […]
U.S. economy perks up early in the new year, ISM finds – MarketWatch
Last updated: February 5, 2024 at 10:38 a.m. ET First Published: February 5, 2024 10:01 AM ET The numbers: A measure of business conditions for service-oriented companies rose to a four-month high in January on a surge of renewed optimism about the U.S. economy. According to a survey by the Supply Management Association, the percentage […]