US Dollar Index steadies above 98.00 as ISM Services PMI looms
The US Dollar Index (DXY), which tracks the performance of the greenback against six major peers, is consolidating near 98.20 during Thursday’s Asian session after slipping in the previous day’s trade. The Dollar is finding support ahead of fresh US labor market data that could influence the Federal Reserve’s policy outlook. Traders await the ADP […]
GBP/USD slips below 1.3450 ahead of US ISM Services PMI release
The GBP/USD pair extended its decline to around 1.3430 during Asian trading hours on Thursday, with the Pound Sterling (GBP) under pressure against the US Dollar (USD) amid renewed concerns over the UK’s fiscal outlook. Later in the day, focus will shift to key US data releases, including weekly Initial Jobless Claims, the ADP Employment […]