Holly Thompson
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A new hawk in town
GBP soars on narrative change, disinflation shifts pressure from ECB to Euro, and Fed’s June meeting is plagued by uncertainty.
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Dollar sprints to May finish line
Data suggests less hawkish outlook for ECB policy, sterling poised for 1st monthly fall since February, and C$ cuts losses after Canada posts solid 3.1% Q1 GDP.
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European weakness in the spotlight again
Disinflation is coming to Europe, US yields tumble after 12-day streak, and Chinese data pressures global equities.
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Dollar poised to snap 2-month skid
Euro bounces off 10-week bottom, sterling rises above 7-week lows, and the Loonie steadies ahead of data.
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Debt agreement puts spotlight on the Fed again
Markets cheer US debt limit extension, euro now negative year-to-date, and UK shop inflation hits another record.
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Dollar rally cooled by debt deal optimism
Euro catches a breather, sterling bounces off 7-week low, and the Loonie stabilizes; Hot data lifts greenback.