Financial and Business News
EUR/SEK formed a low near 10.00 in December last year. Since then, the price action
German Manufacturing PMI arrives at 62.7 in August vs. 65.0 expected. Services PMI in Germany
Eurozone Manufacturing PMI arrives at 61.5 in August vs. 62.0 expected. Bloc’s Services PMI drops
UK Manufacturing PMI beats estimates with 60.1 in August. Services PMI in the UK drops
In a generally downbeat week for financial markets, the Canadian dollar was one of the
GBP/USD has bounced off the lows as investors speculate the Fed delays tapering but the
EUR/USD advances further north of 1.1700 on Monday. The dollar faces increasing selling pressure after
EUR/USD backs up over 1.17 from Friday’s 1.1664 low. In the view of economists at
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The last day of the weekend is rather more bearish than bullish for the cryptocurrency
