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Forex Analysis Headlines

USD/JPY Forecast July 5-12 – Yen Continues to Yawn

For a third straight week, Dollar/yen showed little movement. On the fundamental front, Japan releases Household Spending, an important gauge of consumer spending. In the U.S., this week’s highlights are the ISM Non-Manufacturing PMI and the Producer Price Index. USD/JPY ...

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Spain's Service Sector Returns To Growth

Spain’s service sector returned to growth in June following the unprecedented declines in activity caused by the coronavirus pandemic, survey data from IHS Markit showed Friday. The services Purchasing Managers’ Index climbed sharply to 50.2 in June from 27.9 in ...

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South Africa Private Sector Downturn Slows In June

South Africa’s private sector contracted at a softer pace in June as the government relaxed the lockdown restrictions imposed to slow the spread of the coronavirus, or Covid-19, pandemic, survey data from IHS Markit showed on Friday. The headline Purchasing ...

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Turkey Consumer Price, Producer Price Inflation Rises In June

Turkey’s consumer prices and producer price inflation increased in June, figures from the Turkish Statistical Institute showed on Friday. The consumer prices index rose 12.62 percent year-on-year in June, following an 11.39 percent increase in May. Economists had expected a ...

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Italy's Service Sector Downturn Eases In June

Italy’s service sector continued to shrink in June but the pace of downturn eased markedly as restrictions to combat the coronavirus disease pandemic were loosened, survey data from IHS Markit showed Friday. The services Purchasing Managers’ Index advanced sharply to ...

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