Page 6 - தலைமை வணிக பொருளாதார நிபுணர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
US: Markit Services PMI declines to 64 8 in June vs 70 expected
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US Services Sector Unexpectedly Plunges In June As Manufacturing Survey Hits Record High
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Gold Price Forecast: XAU/USD retreats toward $1,780, erases majority of daily gains
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The Euro Pound (EUR/GBP) exchange rate has weakened this morning as a strengthening US Dollar limits the appeal of the single currency this morning.
At the time of writing the EUR/GBP pairing are trading around the £0.8593 as EUR is able to limit any major losses on the back of recent PMI data from the Eurozone.
Euro (EUR) Weakens Despite Positive Services PMI
The Euro has found itself weakening against many of its rivals this morning as a strengthening US Dollar causes EUR to suffer.
However, limiting any losses for the Euro this morning is the latest PMI data from the Eurozone, the most recent services PMI has shown the strongest growth since 2018.