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Dollar tumbles on diverging PMI data
US business activity cools. Sterling registers best day of 2024. Euro rallies to $1.07.
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All eyes on global PMIs today
Dollar consolidates near 6-month highs. Dovish BoE rate outlook punishes pound. Euro hovers near 5-month lows ahead of key data.
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Markets steady despite geopolitical worries
Dollar supercharged by rate divergence. Pound hits 5-month low. Risky to bet on a euro rebound.
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US inflation sends shockwave across markets
Macro and markets look a lot different now then they did two weeks ago, and it has once again been US economic data that investors can blame for causing this volatility.
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Hot US inflation tapers Fed rate cut outlook
Inflation just won’t bend. Pound and euro drop over 1%. ECB in focus today.
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US inflation data in the spotlight
Dollar faces crucial inflation test. Slight spring in sterling’s step. Euro retreats ahead of US data.