AUD/USD faces pressure around 0.6400 ahead of flash US PMI

AUD/USD faces offers near 0.6400 ahead of the preliminary US S&P Global PMI data for February. Investors see Trump’s tariff agenda as less fearful than anticipations. RBA’s Bullock support for maintaining a cautious interest rate cut stance. The AUD/USD pair faces selling pressure around 0.6400 in North American trading hours on Friday. The Aussie pair … Read more

EUR/USD weakens on US Dollar’s recovery, slower-than-growth in Eurozone PMI

EUR/USD slumps to near 1.0460 after the release of February’s preliminary PMI data for the Eurozone and its major nations. The Eurozone Composite PMI expanded at a steady pace of 50.2 in February. Investors expect Trump’s tariff agenda won’t hurt much than anticipated earlier. EUR/USD slides to near 1.0460 in Friday’s North American session. The major … Read more

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