German Preliminary Manufacturing PMI unexpectedly rises to 54.7 in May vs. 54.0 expected

German Manufacturing PMI arrives at 54.7 in May vs. 54.0 expected.
Services PMI in Germany drops sharply to 56.3 in May vs. 57.2 expected.
EUR/USD is trading near highs around 1.0730 on mixed German PMIs.

more to come ....

May 24, 2022

GBP/USD: Brexit woes to weigh on the pound as UK could take unilateral action – MUFG

Market participants are aware that the Brexit issue is about to be escalated once again but how Europe responds will dictate any potential market reac

US Dollar Index in fresh lows, as bears regain control

The greenback, in terms of the US Dollar Index (DXY), adds to the pessimistic start of the week and drops to new lows in the sub-103.00 region on Tues