Yuan Hits 15-Month High on Strong PMI; Euro, Pound Still Well Bid

August 31, 2020 at 08:12AM

Yuan Hits 15-Month High on Strong PMI; Euro, Pound Still Well Bid
Continue Reading…
Author: Investing.com | Post link: https://www.investing.com/news/forex-news/euro-sterling-still-well-bid-vs-dollar-after-jackson-hole-2281018
Selected by fonecable.com

SIMILAR ARTICLES ON WEB: Yuan Hits 15-Month High on Strong PMI; Euro, Pound Still Well Bid

HN4MAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

Forex News Investing.com Topbanner

AUD/USD struggles around 0.6950, but will RBA’s minutes push bulls to reclaim 0.7000? 16 May 2022

The Australian dollar records from decent gains, despite weaker than expected Chinese economic data, ahead of the release of the Reserve Bank of Austr

EUR/SEK points to 10.30 on a three-month view – Rabobank 16 May 2022

Analysts at Rabobank see the EUR/SEK pair moving back to 10.30 on a three-month view. They warn the forecast is dependent on developments around Russi

USD/MXN Price Analysis: Mexican peso breaking trendline, looks to test 20.00 16 May 2022

The USD/MXN continued its decline on Monday and dropped to 20.04, reaching the lowest level since April 5. Bearish signs increased after the pair decr

Gold Price Forecast: XAU/USD reclaims $1800 but remains below the 200-DMA as bulls regain composture 16 May 2022

Gold spot (XAU/USD) recovers some ground after slipìng below the $1800 mark on Friday, on higher US Treasury yields, which during the session are slid

NZD/USD prints fresh highs, remains below 0.6300 16 May 2022

The NZD/USD climbed to 0.6295 during the American session reaching the highest level since Thursday. The pair is rising as dollar’s strength takes a p

Colombia Trade Balance declined to $-1520.7M in March from previous $-1.101M 16 May 2022

Colombia Trade Balance declined to $-1520.7M in March from previous $-1.101M

BoE's Bailey: Food prices are a major worry for the UK and developing world 16 May 2022

BoE Governor Andrew Bailey on Monday said that food prices are a major worry for the UK and developing world, reported Reuters.

EUR/USD pares earlier gains, falls back to 1.0400 despite ECB Villeroy’s comments 16 May 2022

The euro got a short-lived boost from comments from the head of the French central bank head Francois Villeroy de Galhau during early European trade,

BoE's Bailey: Not at all happy about inflation outlook, but over 80% of overshoot is due to tradeable goods 16 May 2022

Bank of England Governor Andrew Bailey said in a testimony before the House of Commons Treasury Committee said he is not at all happy about the inflat

Sundial Growers Earnings: Beloved penny stock SNDL rises more than 11% in Monday session 16 May 2022

Sundial Growers (SNDL) stock popped 21% to $0.4673 in premarket trading on Monday as its legion of fans prepares for an earnings beat. The Canadian ca

EUR/USD Price Analysis: Bouts of strength are seen as selling opportunities 16 May 2022

EUR/USD’s rebound gathers further traction north of the 1.0400 mark on Monday. Considering the pair’s ongoing price action and oversold condition (as

Alibaba Stock Forecast: BABA upgrade helps it hold onto Friday's rally despite poor Chinese economic data 16 May 2022

Alibaba stock (BABA) seems to be retaining last Friday's 8.5% rally. At the moment BABA stock is up 0.4% at $88.36 in Monday's premarket. Sentiment ha

US Dollar Index Price Analysis: Technical correction could retest 102.35 16 May 2022

DXY extends the corrective decline, as the dollar exits the overbought territory at the beginning of the week. Against that, further retracements rema

WTI well supported in $110 area, traders juggle anticipated EU ban on Russian oil versus China demand worries 16 May 2022

Oil prices have seen a choppy start to the week though remain reasonably well supported. Front-month WTI futures prices hit their highest levels since

USD/CHF flirts with two-year high near 1.0050, bulls seem reluctant amid weaker USD 16 May 2022

The USD/CHF pair retreated a few pips from a two-year peak touched during the early North American session and was last seen trading around the 1.0050

Gold Price Forecast: Bearish sentiment to destroy XAUUSD – TDS 16 May 2022

Gold has fallen briefly back below $1,800 again on Monday. Economists at TD Securities highlight that XAU/USD is set to succumb to bearish sentiment a

Fed's Williams: Demand is far exceeding supply, monetary policy can bring it back in line with supply 16 May 2022

NY Fed President and influential FOMC member John Williams said on Monday that demand in the US economy far exceeds supply and that the Fed's monetary

USD/CAD to test low/mid-1.27s on a break under 1.2890 – Scotiabank 16 May 2022

USD/CAD holds little changed on the day after negative close Friday. Economists at Scotiabank note that the pair needs to drop below 1.2890 to develop

GBP/USD to see a technical bullish development on a push towards 1.24 – Scotiabank 16 May 2022

GBP/USD is little changed on the day. Nonetheless, the pair traded positively Friday for a bullish close. Economists at Scotiabank are closely watchin

USD/JPY to slide below 126.95 towards 125.10 as yen enjoys temporary relief – Credit Suisse 16 May 2022

Economists at Credit Suisse believe this first phase of JPY weakness has now come to a temporary end. Therefore, USD/JPY is expected to break support

Yuan Hits 15-Month High on Strong PMI; Euro, Pound Still Well Bid

August 31, 2020 at 08:12AM

SIMILAR ARTICLES ON WEB: Yuan Hits 15-Month High on Strong PMI; Euro, Pound Still Well Bid

Recent Posts

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Leave a Reply

Euro Price Outlook: EUR/USD, EUR/CHF May Slide as Covid-19 Cases Climb

Rushing to shares is a mistake during financial repressions

August 31, 2020 at 08:12AM

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

ADVERTISEMENT

Leave a Reply

Related Post