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: 2025.06.05
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China's Caixin Services PMI ticks up to 51.1 in May as expected
World FX news
Breaking news
China's Caixin Services PMI ticks up to 51.1 in May as expected
New
2025.06.05 10:47
2025.06.05 10:47
2025.06.05 10:47
China's Services Purchasing Managers' Index (PMI) inched higher to 51.1 in May from 50.7 in April, the latest data published by Caixin showed on Thursday.
The data matched the market consensus of 51.1 in the reported period.
AUD/USD reaction to China's Services PMI
Last updated
: 2025.06.05
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USD/JPY: Likely to trade in a range of 142.95/144.40 - UOB Group
US Dollar (USD) is likely to trade in a range of 142.95/144.40 against Japanese Yen (JPY). In the longer run, price action suggests that USD is still trading in a range, most likely between 142.10 and 145.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.06.06 20:07EUR: Dovish forecasts, hawkish Lagarde - Commerzbank
As expected, the ECB lowered its interest rates by another 25 basis points to 2.0% yesterday. However, the exchange rate only really started to move during the press conference, Commerzbank's FX analyst Volkmar Baur notes.
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Today is that time again - Payroll Friday. The first Friday of the month when, as is traditional, the US labor market report is published. According to Bloomberg, the consensus expectation is that the US economy created 126,000 new jobs in May.
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2025.06.06 19:52NZD/USD may not be able to break above 0.6080 - UOB Group
Risk remains on the upside, but with no clear increase in momentum, New Zealand Dollar (NZD) may not be able to break above 0.6080 against US Dollar (USD).
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2025.06.06 19:48AUD/USD drifts below 0.6500 with the Dollar picking up ahead of the NFP report
The Australian Dollar extends losses below 0.6500 on Friday as traders trim their US Dollar short positions ahead of the US Nonfarm Payrolls report.
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2025.06.06 19:45CHF: Switzerland returns to UST's Monitoring List - ING
Switzerland and Ireland were added to the US Treasury's monitoring list when it comes to FX practices, ING's FX analyst Chris Turner notes.
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2025.06.06 19:28AUD/USD holds above 50-DMA - Société Générale
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2025.06.06 19:21RUB: Consensus has shifted towards rate cut - Commerzbank
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Australian Dollar (AUD) could first test 0.6540 against US Dollar (USD) before the risk of a pullback increases. In the longer run, bias remains on the upside, but it remains to be seen if AUD can break clearly above 0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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2025.06.06 18:59Disclaimer:
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