Marketwire
Clear, fast financial news and market insight
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The latest data from S&P Global reveals that the U.S. services sector experienced a slight deceleration in growth for November, with the Services Purchasing Managers’ Index (PMI) registering at 54.1, down from a preliminary estimate of 55.0 and the previous month’s reading of 54.8. This indicates that while the sector continues to expand, the pace
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The GBPUSD currency pair has recently demonstrated notable volatility, breaking through its 200-day moving average, a key technical indicator for traders. Early trading in North America saw the pair reach a session high, approaching the critical moving average level, which prompted selling pressure that briefly pushed the price lower. However, the resilience of buyers was