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Upbeat Asian sentiment helps pound and euro
US yields climb but dollar drifts lower. UK retail sales growth at 7-month high. Euro edges higher as risk sentiment recovers.
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US inflation, UK GDP and ECB meeting loom
Dollar pares post-payrolls gains. UK GDP in focus this week. Euro stumbles to a best Q2 start since ‘15.
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Rate cuts in June despite rising risks
The main overarching risk to central banks around the world and the current low-volatility regime lies in the ascent of commodity prices, the US dollar and inflation expectations so far in 2024.
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Buckle up, it’s payrolls Friday
Dollar bounces off 2-week low. Pound to reclaim $1.27? Euro extends gains for third session.
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Sentiment improves as jobs data eyed
Dollar tumbles as US service sector cools. Pound capitalises on dollar weakness. Euro rallies above key moving average.
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Markets slide as rates seen higher for longer
Dollar’s reign rolls on. Sterling steadies after UK data. EUR/USD records worst Q1 since 2021.