Sluggish Eurozone PMI weighs on Euro

The EURUSD currency pair weakened to near 1.0830 Wednesday, as the preliminary Eurozone Hamburg Commercial Bank (HCOB) Purchasing Managers’ Index (PMI) report for July showed that composite numbers unexpectedly eased due to

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Fed overdelivers, will ECB and BoE follow?

By Craig Erlam   The most hotly anticipated central bank meeting of the year did not disappoint on Wednesday, with the Federal Reserve potentially delivering this year’s Santa rally. I don’t think many

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All eyes on the central banks

By Craig Erlam    A lacklustre start to the week, but there’s so much to come over the next few days which could determine how markets end the year and start 2024.

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