Important upcoming events and publications for June 3 (GMT):
08:00 Euro area Manufacturing PMI. Risks for EUR: low. The final estimate for May is expected at 47.7, reflecting a decline in business activity to the near the slowest pace in 6 years. Stronger data are able to support the Euro.
08:30 U.K. Manufacturing PMI. Risks for GBP: moderate. It is expected to decrease from 53.1 to 52.5, reflecting some slowing in business activity. Stronger data can support the pound.
14:00 U.S. ISM Manufacturing. Risks for USD: high. It is expected to grow from 52.8 to 53.0, reflecting a slight increase in business activity. Stronger data can support the dollar.
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
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