Steve judge
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South Korea Manufacturing PMI Sinks Further In May - IHS Markit
The manufacturing sector in South Korea continued to contract in May, and at a faster rate, the latest survey from IHS Markit revealed on Monday with a manufacturing PMI score of 41.3.
That's down from 41.6 in April, and it moves further beneath the boom-or-bust line of 50 that separates expansion f
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Key FX risk events for June
Below are some key event risks to be looking out for in June
ECB rate meeting this week on June 04. The expectations are that there will be an expansion of the Pandemic Emergency Purchase Program (PEPP). According to Pictet's Frederik Ducrozet research note, the Governing Council will increase the
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GBP/USD moving higher as expected
As we already know, I was a bit bullish on the GBP crosses, mostly on the GBP/USD. At this point we can see that the first target has been reached. Continuation is possible.
1.2350-64 zone is the first POC. The 2nd POC zone comes within 1.2280-1.2305. If the pair gets to any of the zones we should
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