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It is PMI day in Europe today

It is PMI day in Europe today
Major currencies are not hinting at much today, with narrow ranges prevailing so far. All eyes remain on the dollar with EUR/USD still unable to make up its mind on a downside break below 1.0800. Meanwhile, USD/JPY did bounce strongly back above 138.00 yesterday and that could be a catalyst for a further run higher amid higher Treasury yields.Elsewhere, equities are still sending mixed signals with the Dow ending lower again while the Nasdaq i.e. tech stocks continue to shine with another solid... Read More
Posted: May 23 2023, 04:03
Author Name: forexlive
Views: 102597

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