Holly Thompson
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UK and PBoC surprises setting the tone
Markets don’t need much to rally, hot labor market pushes pound higher, and the PBoC coming to the Euro’s rescue.
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The calm before the storm
Mixed labor market enough for the Fed to skip? ECB’s June hike a done deal, but what comes next? UK data overshadowed by ECB, Fed.
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Struggling dollar hits 2-week low
Euro on pace for weekly rise, sterling poised for another weekly gain, and Canada unexpectedly shed 17,300 jobs in May.
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Its all about the data in FX right now
Euro ignores recession as Fed dominates, data sensitivity bites the dollar, and BoE may have no choice as sterling pounds its peers.
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Dollar falls after big jump in jobless claims
Euro sidesteps mild European recession, sterling buoyed by hawkish UK rate stance, and C$ rises while U.S. jobless claims pop to 261K.
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Hawkish repricing ahead of the big week
One-in-three chance of another Fed hike, peaking inflation not enough for the ECB, and BoE may have no choice.