EUR/GBP churns near 0.8600 as central banks dominate headlines

EUR/USD cycled within familiar levels on Thursday as the pair’s respective central banks compete to reaffirm markets that progress is being made on inflation, and the path towards rate cuts is coming, but not quite yet.
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New Zealand's Business NZ PMI still in contraction territory, but improves to 48.9 in April

BusinessNZ's New Zealand Performance of Manufacturing Index (PMI) saw an uptick in April, with the seasonally-adjusted figure coming in at 48.9 compared to March's 46.8, but is still lower than February's 49.1.
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