EUR/USD, GBP/USD, DXY Price Forecast: DXY at $104.25; Key PMI Data and GDP Ahead
==========
Last Friday, UK retail sales fell sharply by 1.2%, indicating weakening consumer confidence and an economic slowdown; Eurozone PMI data will be released this week, potentially impacting EUR/USD; UK Flash Manufacturing and Services PMI forecasts positive, potentially boosting GBP/USD; U.S. economic data, including Flash PMI and GDP, to influence Dollar Index this week; The Dollar Index (DXY) is trading at $104.278, down 0.07%; EUR/USD is trading at $1.08820, up 0.10%; GBP/USD is trading at $1.29181, up 0.09%
#Eur/usd #Gbp/usd #Dxy #Pmi #Gdp #UkRetailSales #EurozonePmi #FlashManufacturingPmi #FlashServicesPmi #UsEconomicData #DollarIndex
https://www.fxempire.com/forecasts/article/eur-usd-gbp-usd-dxy-price-forecast-dxy-at-104-25-key-pmi-data-and-gdp-ahead-1447625
FX Empire /
npub1lj…9zjdc
2024-07-22 08:32:48
Author Public Key
npub1ljmz9hjq6kkwm5ltqfc6dpw9ytalhtnf7sgp4r75dqvtsq2wz9sqp9zjdcSeen on
wss://relay.damus.ioPublished at
2024-07-22 08:32:48Event JSON
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"content": "EUR/USD, GBP/USD, DXY Price Forecast: DXY at $104.25; Key PMI Data and GDP Ahead\n==========\n\nLast Friday, UK retail sales fell sharply by 1.2%, indicating weakening consumer confidence and an economic slowdown; Eurozone PMI data will be released this week, potentially impacting EUR/USD; UK Flash Manufacturing and Services PMI forecasts positive, potentially boosting GBP/USD; U.S. economic data, including Flash PMI and GDP, to influence Dollar Index this week; The Dollar Index (DXY) is trading at $104.278, down 0.07%; EUR/USD is trading at $1.08820, up 0.10%; GBP/USD is trading at $1.29181, up 0.09%\n\n#Eur/usd #Gbp/usd #Dxy #Pmi #Gdp #UkRetailSales #EurozonePmi #FlashManufacturingPmi #FlashServicesPmi #UsEconomicData #DollarIndex\n\nhttps://www.fxempire.com/forecasts/article/eur-usd-gbp-usd-dxy-price-forecast-dxy-at-104-25-key-pmi-data-and-gdp-ahead-1447625",
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