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: 2025.06.03
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China's Caixin Manufacturing PMI unexpectedly contracts to 48.3 in May vs. 50.6 expected
World FX news
Breaking news
China's Caixin Manufacturing PMI unexpectedly contracts to 48.3 in May vs. 50.6 expected
2025.06.03 10:50
2025.06.03 10:50
China's Caixin Manufacturing Purchasing Managers' Index (PMI) unexpectedly contracted to 48.3 in May from 50.4 in April, according to the latest data released on Tuesday.
Data underperformed the market forecast of a 50.6 expansion.
AUD/USD reaction to China's PMI data
Last updated
: 2025.06.03
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2025.06.27 15:55
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NZD/USD holds steady above 0.6050 due to news of progressing US-China trade talks
NZD/USD continues its winning streak for the fifth consecutive session, trading around 0.6070 during the European hours on Friday. The pair gained ground as the US Dollar (USD) struggled due to renewed concerns over the US Federal Reserve's (Fed) independence.
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2025.06.27 16:44EUR/JPY Price Forecast: Flirt with 169.25-169.30 hurdle; seems poised to appreciate further
The EUR/JPY cross reverses an intraday dip to the 168.65-168.60 region and climbs to the top end of its daily range during the early part of the European session on Friday.
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2025.06.27 16:42China's Commerce Ministry: London talks served to further confirm details on framework
Chinese Commerce Ministry said on Friday, "London talks served to further confirm details on framework."
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2025.06.27 16:23Pound Sterling trades firmly against US Dollar amid Fed's independence risks
The Pound Sterling (GBP) holds onto gains near a fresh three-year high around 1.3770 against the US Dollar (USD) during European trading hours on Friday.
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2025.06.27 16:21WTI trades with caution around $64.00 as tariff deadline approaches
West Texas Intermediate (WTI), futures on NYMEX, exhibit a sluggish performance slightly above the two-week low of $63.73 From Wednesday.
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2025.06.27 16:18US Dollar Index trades lower around 97.00, three-year lows, awaits US PCE inflation
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining subdued for the seventh consecutive day and trading at around 97.30 during the early European hours on Friday, close to the 97.00 level, the lowest level since March 2022, recorded o
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2025.06.27 15:55EUR/GBP weakens to near 0.8500 ahead of Eurozone Consumer Confidence
The EUR/GBP cross loses traction to near 0.8515 during the early European session on Friday. The Pound Sterling (GBP) strengthens against the Euro (EUR) despite growing concerns over the UK labor market and a slight slowdown in consumer inflation expectations.
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2025.06.27 15:52ECB's Knot: Central bank may well need to keep rates on hold for some time
European Central Bank (ECB) Governing Council member Klaas Knot said on Friday that the central bank may well need to keep rates steady for some time.
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2025.06.27 15:32Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $65.12 per barrel, up from Thursday's close at $64.75.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $66.66 price posted on Thursday, and trading at $67.06.
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The USD/CAD pair remains steady after registering over 0.50% losses in the previous session, trading around 1.3650 during the Asian hours on Friday.
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2025.06.27 15:01Disclaimer:
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