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Markets brace for PMI Friday
Is the dollar to snap its 5-week losing streak? UK morale at its highest in over a year, and inflation is set to keep ECB hawkish.
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Dollar steady as risk sentiment wavers
Euro has sentiment on its side while UK growth worries put a lid on sterling. USD/CAD rises to 1-week highs.
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Volatility eases but FX still sensitive to rate expectations
Dollar cushioned by falling rate-cut bet; are UK interest rates to peak at 5%? Euro shrugs at plunge in producer prices.
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Dollar sought as market mood sours
Euro slips to bottom of weekly range; sterling singed by hot UK inflation; and risk aversion knocks C$ to 1-week lows.
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Case strengthened for another BoE rate hike
UK inflation sticks above 10%; Fed’s battle against markets, and the euro brushes off German morale decline.
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Global data undercuts dollar’s rebound
German confidence ‘banks’ lower; sterling jumps after hot UK wage inflation; and C$ shows little change after inflation cools to 4.3%.