NZD/USD gains on strong Chinese data, US labor market weakness
NZD/USD holds in positive territory around 0.5750 on Wednesday, up 0.20% on the day at the time of writing.
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GBP outperforms G10 peers as risk appetite improves – Scotiabank
The Pound Sterling (GBP) is the day’s top G10 performer after Norwegian Krone (NOK), with sentiment-driven buying pushing GBP higher as risk reversals recover to late-August levels, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
Sunset Market Commentary
Markets EUR/USD is heading for an eighth consecutive daily trading gain. Unlike the minor improvements of the previous days, today’s move is worth the while. The pair is currently changing hands around 1.166 from a start at 1.1625 and testing first minor resistance at 1.1656 (November top). Modestly positive risk sentiment initially supported the move […]
The post Sunset Market Commentary appeared first on ActionForex.
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Sunset Market Commentary
Markets EUR/USD is heading for an eighth consecutive daily trading gain. Unlike the minor improvements of the previous days, today’s move is worth the while. The pair is currently changing hands around 1.166 from a start at 1.1625 and testing first minor resistance at 1.1656 (November top). Modestly positive risk sentiment initially supported the move […]
The post Sunset Market Commentary appeared first on ActionForex.
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US ISM services edges higher to 52.6; prices ease sharply
US ISM Services PMI ticked up to 52.6 in November from 52.4, beating expectations of 52.0 and marking the ninth expansionary reading of 2025. Business activity improved slightly from 54.3 to 54.5, but new orders dropped sharply from 56.2 to 52.6, signaling cooling demand. Employment also improved modestly, rising from 48.2 to 48.9, though it […]
The post US ISM services edges higher to 52.6; prices ease sharply appeared first on ActionForex.
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Commerce Sec. Howard Lutnick: Prices don’t move unless tariffs are above 50%
- Tariffs are not to blame for the jobs number
- Predicts US GDP growth of over 4% in 2026
- Weak jobs number about shutdown, deportations.
- EU technology rules are costing them big time
This article was written by Greg Michalowski at investinglive.com.
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Commerce Sec. Howard Lutnick: Prices don’t move unless tariffs are above 50%
- Tariffs are not to blame for the jobs number
- Predicts US GDP growth of over 4% in 2026
- Weak jobs number about shutdown, deportations.
- EU technology rules are costing them big time
This article was written by Greg Michalowski at investinglive.com.
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Breaking: US ISM Services PMI surpasses consensus in November
Fresh data from the Institute for Supply Management (ISM) showed the Services Purchasing Managers Index (PMI) picking up to 52.6 in November from 52.4, beating expectations of 52.1 and signalling a bit more momentum in the sector. -
Microsoft stock sinks on report AI product sales are missing growth goals
Microsoft stock sank after a report that multiple sales teams for the company’s Azure Foundry product missed growth goals in the last fiscal year. -
Microsoft stock sinks on report AI product sales are missing growth goals
Microsoft stock sank after a report that multiple sales teams for the company’s Azure Foundry product missed growth goals in the last fiscal year.
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