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Fundamental Forex Analysis

UK Manufacturing Production plunges 4.6% MoM in March vs. -6.0% expected

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Wednesday, as the overall industrial sector contraction deepened in March. Manufacturing output arrived ...

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Fundamental Forex Analysis

UK Construction PMI plunges to 8.2 in April, a big miss, GBP/USD at multi-day lows

UK construction PMI slumps to 8.2 in April, misses estimates. GBP/USD remains heavy below 1.2400 on the UK data. All eyes on UK lockdown easing, US jobs and BOE. The construction sector activity in the UK pl...

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Fundamental Forex Analysis

Philly Fed Nonmanufacturing Index plunges to -96.4 in April

Philly Fed Nonmanufacturing Index drops to fresh record low in April. Risk aversion lifts US Dollar Index higher in early American session. The regional activity index of the Federal Reserve Bank of Philadelph...

Philly Fed Manufacturing Index plunges to -12.7 in February from 36.7
Fundamental Forex Analysis

Philly Fed Manufacturing Index plunges to -12.7 in February from 36.7

Manufacturing activity contracts sharply in Philadelphia region in February. Greenback ignores disappointing data, preserves strength against rivals. The headline Diffusion Index of the Federal Reserve Bank of...

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Forex News

USD/CAD camps out on 1.46 handle as oil plunges over 20%, DXY soars

USD/CAD rockets to the 1.46 handle as markets buy up US dollars. WTI drops like a stone by over 20% on over-supply fears. USD/CAD has rallied to the vicinity of the 1.46 handle as the USD squeeze is well and ...

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Forex News

Dollar plunges to three-year lows vs. yen amid market turmoil

Investors are buying the Japanese yen as the equity markets are crashing. The level to beat for bears is the 101.51 support.   USD/JPY daily chart   USD/JPY is trading near three-year lows well below the simpl...