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Bracing for the data blast
Caution builds as markets await a clear catalyst. Credibility vs hikes. Pining for softer US data.
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And we are back!
Shutdown ends, data game on. No political shelter for sterling. Lacking momentum, will the data deliver?
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Shutdown resolution in sight after senate move
Dollar waits for data to speak. Sterling slips on labour market miss. Reading between the ZEW lines.
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Markets see no BoE cut, but doves hover
Soft jobs and strong services keep dollar bid. Easing ahead but not fully priced. A pause in the pressure.
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BoE in focus: Sterling on the edge
USD gains in October as markets weigh Fed’s ‘two and done’ path. Sterling on shacky grounds. EUR may find its footing into year-end.
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Eased, not eased up
Fed holds the line, trade lifts. 1.16 still holding the line. Traders bet on more pound pain.