Japan's services sector extended declines in February for a 13th straight month, as the business activities was hit by many restraints which are put in place to stop the spread of the coronavirus pandemic, leading to the weak demand. The contraction was hit the services sector came as a state of emergency for Tokyo and [...]
The AUD/USD pair is trading on the positive side. Encouraging Australian data released at the beginning of the day provided support to the pair, as the AIG Performance of Manufacturing Index improved to 58.8 in February from 55.3 in the previous month. The Commonwealth Bank Manufacturing PMI for the same month printed at 56.9 from [...]
Pound is trading positively, Britain's government plans to launch the world's first sovereign green bonds for retail investors as part of its push to create a net-zero-carbon economy by 2050.The savings bonds are about to fund that will fund projects in areas such as renewable energy and clean transportation and will go on sale this [...]
USD/JPY has been trading in uptrend after following a series of domestic data events and action on Wall Street. There was a good rally in the greenback and again in Asia due to the pace of the sell trend in US treasuries that has increased sharply even though there was a dovish comment from the [...]
