Holly Thompson
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Dollar rebounds as global outlook dims
EUR/USD poised for worst day in months, sterling bruised by UK growth fears, and the Loonie’s winning streak flickers.
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Markets brace for Flash PMI Friday
Pound drops after BoE hike again, dollar supported by hawkish Fed chair, and the euro reverses from six-week high.
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Dollar dented as Europe steps up rate hikes
EUR/USD taps 1.10. BOE goes big, hikes to 5%. USD/CAD hits 9-month low; U.S. jobless claims steady.
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How high will BoE go?
13th BoE hike due; 25 or 50 basis points? Powell pushing for more hikes and EUR/USD below $1.10 as stocks turn south.
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Dollar treads water above 5-week lows
Euro ticks below mid-May high, sterling’s surge cooled by unexpectedly hot UK inflation, and robust Canadian spending boosts C$.
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Sterling seesaws on hotter than expected UK inflation
UK inflation above forecasts for fourth month running, strong data before Powell’s testimony, and the euro stalls despite pricing of 4% terminal rate.