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: 2025.07.03
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China's Caixin Services PMI drops to 50.6 in June vs. 51 expected
World FX news
Breaking news
China's Caixin Services PMI drops to 50.6 in June vs. 51 expected
New
2025.07.03 10:47
2025.07.03 10:47
2025.07.03 10:47
China's Services Purchasing Managers' Index (PMI) fell to 50.6 in June from 51.1 in May, the latest data published by Caixin showed on Thursday.
The data missed the market forecast of 51 in the reported period.
AUD/USD reaction to China's Services PMI
Last updated
: 2025.07.03
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GBP/USD: Likely to trade between 1.3585 and 1.3705 - UOB Group
Pound Sterling (GBP) is likely to trade in a range, probably between 1.3585 and 1.3705. In the longer run, week-long positive outlook has been negated; for a continued down-move, GBP must first close below 1.3560, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.07.03 18:40USD/CHF upside attempts remain limited below 0.7945 ahead of the US NFP report
The US Dollar is trading with marginal gains for the second consecutive day on Thursday, but it seems unable to put any significant distance from the 14-year lows hit earlier this week, with price action limited below 0.7945.Earlier on Thursday, Switzerland's Consumer Price Index data revealed an un
New
2025.07.03 18:38USD: Too early to say we've reached 'peak bearishness' on the USD - ING
While forecasters are overwhelmingly bearish on the dollar now - and some are bearish on a multi-quarter basis too - one possible shoe still to drop is the possibility of early Fed rate cuts, ING's FX analyst Francesco Pesole notes.
New
2025.07.03 18:31Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
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2025.07.03 18:30AUD/JPY treads water above 94.50 due to signs of BoJ delaying rate hikes
AUD/JPY holds its positions for the second successive session, trading around 94.60 during the European hours on Thursday. The currency cross gains ground as the Japanese Yen (JPY) faces challenges, driven by the Bank of Japan (BoJ) adopting caution on interest rate hikes.
New
2025.07.03 18:09EUR/GBP eyes 0.8735 after breakout - Société Générale
EUR/GBP is extending its uptrend after defending the 200-DMA in May and breaking above recent consolidation, with momentum indicators pointing higher. The pair eyes the April high at 0.8735 and projections near 0.8780, while support rests at 0.8585/0.8575, Société Générale's FX analysts note.
New
2025.07.03 18:00Central bank Gold buying recovers in May - ING
Central banks added a net 20 tonnes of Gold to global Gold reserves in May, ING's commodity experts Ewa Manthey and Warren Patterson note.
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2025.07.03 17:56GBP: Political noise takes its toll - ING
There was a surprisingly large sell-off in sterling yesterday after markets bought into the view that the fiscally responsible Chancellor, Rachel Reeves, could be forced to resign.
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2025.07.03 17:54GBP/USD: Corrective pullback underway - OCBC
Pound Sterling (GBP) fell, alongside Gilts on signs of division within Labour party. GBP was last at 1.3671 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
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2025.07.03 17:42OPEC+ expected to go with another large supply hike - ING
Oil prices moved higher yesterday, with ICE Brent settling just shy of a 3% gain on the day, ING's commodity experts Ewa Manthey and Warren Patterson note.
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2025.07.03 17:40Disclaimer:
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