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Jumbo Fed cut climbs back on the table
Half point cut still expected this year. Pound catapults back above $1.31. ECB remains hawkish, supporting euro.
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Smaller rate cut more likely after US CPI
Upside surprises in core inflation. Pound keeping afloat critical level. Euro softens ahead of the ECB rate decision.
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Dollar stronger going into PMIs
China continues to disappoint. Seasonals could weigh on sterling. Political risk flares again in Europe.
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Calm before payrolls storm?
Data to decide size of Fed cut. Sterling lacking fresh positive catalysts. Euro momentum turns bearish as inflation cools.
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Awful August for US dollar
Dollar poised for worst month of 2024. Pound comfortable, but tests loom. Euro slides on soft German CPI print.
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Risk off as Nvidia results fall short
Dollar finds some respite. Pound holds its grip on key levels. Euro extends week’s losses.