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Testing market patience
Are we back to duration and degree? Rangebound ahead of ECB. GBP/NOK extends its slide.
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Markets maintain their cool despite the ongoing standoff
DXY firms, conviction lags. Euro risks tilt lower. Goodwill meets reality.
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Two inflation misses, dollar eases
Dollar losing rate support after inflation prints. Euro’s rates support meets energy resistance. GBP/USD at two-month highs, highest against JPY since 2008.
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Hormuz blockade returns, oil surges
Dollar firms as Gulf risks rise. Euro faces a familiar threat. Keep calm and carry on.
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Geopolitical tensions fail to rattle markets
Markets look to negotiations. ECB hawks and doves claim victory. Rates support returns, politics lingers.
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Fresh strikes cloud peace outlook
Oil surge revives dollar demand. Caught in a lose-lose dynamic. Sterling’s silent rise.