UK Preliminary Services PMI returns to expansion, with 53.3 in February

  • UK Manufacturing PMI improves to 49.2 in February, a big beat.
  • Services PMI in the UK comes in at 53.3 in February, a positive surprise.
  • GBP/USD jumps to test daily highs near 1.2050 on encouraging UK PMIs.

more to come ...

RBNZ Preview: Forecasts from six major banks, 50 bps seems appropriate

The Reserve Bank of New Zealand (RBNZ) will announce its monetary policy decision on Wednesday, February 22 at 01:00 GMT and as we get closer to the r
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USD/JPY clings to intraday gains, eyes 135.00 mark amid modest USD strength

The USD/JPY pair regains positive traction on Tuesday and maintains its bid tone through the first half of the European session. The pair steadily cli
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