Tag: markit services pmi

ECB Holds Interest Rates but Hints at Expanded QE Program

European stocks soared on last Thursday, while the euro plunged 1% against the dollar after the European Central Bank hinted at more stimulus in...

US Dollar Index Rebounds as Greek Debt Crisis Worsens

The US dollar rallied on Monday, although gains were limited ahead of a deluge of economic data, as the markets absorbed the growing possibility...

EUR/USD Weekly Outlook (April 20-24)

The EUR/USD is expected to face significant action this week, which is headlined by a crucial Eurogroup meeting over Greece on Friday. The EUR/USD rallied...

PMI Points to Rebounding US Economy

The US economy is regaining momentum at the end of the first quarter after a temporary slowdown, with business activity rising to its highest...