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Is the ECB overestimating inflation?
Euro follows the data, not the ECB. Dollar rises into a quiet session and is sterling to be wounded by a mortgage time bomb?
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Dollar wavers; Aussie soars after RBA rate hike
German data continues to disappoint, sterling subdued along with risk sentiment, and C$ rides the Aussie’s coattails higher.
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Dollar starts week on front foot
Euro weighed down by data, sterling slips anew, and C$ near highs ahead of midweek BOC decision.
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Dollar muted on US data surprise
Strong jobs report, but not strong enough. ECB in disbelieve about disinflation, and the pound still benefits from post-CPI boom.
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Robust hiring lifts dollar
Euro’s losing streak in jeopardy, sterling on track to snap 3-week slide, and the Loonie flies; U.S. hiring accelerated by 339K in May.
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Signs of distress ignored by policymakers
Will one recession lead to another? How long can the ECB push back against cuts? British home prices fall by most since ‘09.