USD/CNH still risks a move lower – UOB
USD/CNH is still seen attempting a move to the 6.4015 level in the next weeks,
USD/CHF to drop towards the 0.8780 Janury low on a break below 0.8950 – Commerzbank
USD/CHF is back eyeing TD support at 0.8953. Karen Jones, Team Head FICC Technical Analysis
USD/CAD set to slide below the 1.20 level – MUFG
On Thursday, the Bank of Canada released its Annual Financial Stability Review, honed in on
Eurozone Preliminary Manufacturing PMI beats estimates with 62.8 in May
Eurozone Manufacturing PMI arrives at 62.8 in May vs. 62.5 expected. Bloc’s Services PMI expands
EUR/GBP surrenders intraday gains despite mostly upbeat Eurozone PMIs
EUR/GBP met with some supply following the release of softer German Manufacturing PMI. Upbeat Services
Germany’s Scholz: Global corporate minimum tax rate of 15% is very realistic
“Global corporate minimum tax rate of 15% is very realistic,” Germany’s Finance Minister Olaf Scholz
Eurogroup Head Donohoe: Prospects for Eurozone are improving
“We are in a far better place now than in recent months,” Eurogroup President and
UK Preliminary Services PMI rises to 61.8 in May, misses estimates
UK Manufacturing PMI beats estimates with 66.1 in May. Services PMI in the UK eases
GBP/USD remains confined in a range below 1.4200 mark post-UK PMIs
GBP/USD extended its sideways consolidative price action through the early European session. Upbeat UK Retail
EUR/USD reverses initial gains and approaches 1.2200
EUR/USD fades the initial optimism and approaches 1.2200. The greenback regains some composure amidst lower