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Monday, July 3, 2017

[FOREX NEWS] EUR/USD slips on some profit-taking – buy the dip?

EUR/USD is trading around 1.1380, already over 60 pips below the peak of 1.1445 seen last week and some 35 pips down on the day. The move is related to a recovery in the US dollar. The greenback is correcting some of its losses across the board. GBP/USD is also lower and USD/JPY is higher. [...]

The post EUR/USD slips on some profit-taking – buy the dip? appeared first on Forex Crunch.



via Forex Crunch

CryptoCurrency News: Port of Call: Blockchain's Impact on Supply Chains is Broader Than It Seems

Without resilient ports, the links that bind world trade together won’t hold – and that's where blockchain could play a vital role.

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via CoinDesk

[FOREX NEWS] UK manufacturing PMI misses with 54.3 – GBP falls

A significant slowdown in the UK manufacturing sector according to Markit. The manufacturing PMI drops from 56.3 to 54.3 points in June. GBP/USD extends the drops it had already begun before the release, hitting a new low of 1.2968. Support awaits at 1.29. Markit’s manufacturing purchasing managers’ index was expected to tick down from 56.7 [...]

The post UK manufacturing PMI misses with 54.3 – GBP falls appeared first on Forex Crunch.



via Forex Crunch

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