Euro and Pound Feel PMI Squeeze, While Yen’s Descent Continues

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2018/06/f-gbp50.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2018/06/f-gbp50.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/06/f-gbp50-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Yen languishes as the day&#8217;s worst performer, with sentiments taking a hit due to BoJ&#8217;s silence on potential policy tweaks. European majors aren&#8217;t faring much better, as subpar PMI data from both Eurozone and UK echo the sentiment that further tightening might not be on the cards for ECB and BoE. The Swiss Franc also [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/market-overview/519913-euro-and-pound-feel-pmi-squeeze-while-yens-descent-continues/">Euro and Pound Feel PMI Squeeze, While Yen&#8217;s Descent Continues</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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