USD technical outlook: EUR/USD, GBP/USD and NZD/USD price trends

EUR/USD regained last week's gains as policy differences widened; GBP/USD remained stable despite the tough wording of the FOMC minutes; NZD/USD was boosted by the Bank of New Zealand's tough statement.

FX678 Finance06:18 ET

The Eurozone economy continues to recover, and the composite PMI has been above the boom and bust line for three consecutive months

Supported by strong optimistic demand from the service sector, the overall business activity scale of Eurozone enterprises expanded at the fastest rate in a year this month, while the Eurozone manufacturing industry, which had been sluggish for 2 years, showed signs of close recovery.

Zhitong Finance05:19 ET

ECB: Euro Area's Negotiated Wages Rise 4.69% YoY in Q1 2024 Vs. 4.50% in Q4

The European Central Bank (ECB) published its indicator of the Euro area’s negotiated wages data for the first quarter of 2024 on Thursday.

FXStreet05:06 ET

EUR/USD Delivers V-shape Recovery as Upbeat Eurozone PMI, Subdued US Dollar

EUR/USD witnesses a stellar buying interest after posting a fresh weekly low near the crucial support of 1.0800 in Thursday’s European session.

FXStreet04:53 ET

Germany's PMI soared to a one-year high in May, and Eurozone recovery accelerated?

As the downturn in German industry gradually eased, private sector activity in Germany ushered in significant growth, making it the fastest growing period in a year.

Zhitong Finance04:47 ET

US Dollar Technical Outlook: EUR/USD, GBP/USD, NZD/USD Price Setups

DailyFX04:30 ET