US ISM Manufacturing PMI Rises to 55.5 in October as Production Hits Highest Level Since November 2021
US manufacturing activity grew faster than expected in October, with the ISM Manufacturing PMI rising to 55.5. Production led the…
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Dollar Index slips toward 101.66 as midterms, payrolls and AI risks loom
The dollar traded without a clear direction on Monday, weakening against the euro while gaining against the yen. Three catalysts…
Bank of England expected to raise Bank Rate to 4.0% as markets bet on more hikes
The Bank of England is expected to raise Bank Rate to 4.0% on Thursday, driven by inflation pressure from high…
Sterling rises to $1.3440 as oil slips on Iran diplomacy reports
Sterling rose against the dollar on Monday as oil prices fell on reports of Iran diplomacy. ING says the move…
USD/JPY Slips as Yen Gains on BoJ Signal of December Rate Hike
USD/JPY opened the week near 157.48 as the yen rose after the Bank of Japan held its key rate at…
