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
Financial and Business News
USD/CHF is back eyeing TD support at 0.8953. Karen Jones, Team Head FICC Technical Analysis
Eurozone Manufacturing PMI arrives at 62.8 in May vs. 62.5 expected. Bloc’s Services PMI expands
On Thursday, the Bank of Canada released its Annual Financial Stability Review, honed in on
EUR/GBP met with some supply following the release of softer German Manufacturing PMI. Upbeat Services
“Global corporate minimum tax rate of 15% is very realistic,” Germany’s Finance Minister Olaf Scholz
“We are in a far better place now than in recent months,” Eurogroup President and
UK Manufacturing PMI beats estimates with 66.1 in May. Services PMI in the UK eases
GBP/USD extended its sideways consolidative price action through the early European session. Upbeat UK Retail
EUR/USD fades the initial optimism and approaches 1.2200. The greenback regains some composure amidst lower
US Securities & Exchange Commission chief Gary Gensler revealed his intentions to sue bad actors