Holly Thompson
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Tepid risk appetite supports dollar demand
Sterling’s post-BoE hike struggles coincide with two weeks of banking turmoil, while the Euro’s victorious run comes to a halt.
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Dovish Fed adds traction to weaker dollar
The Euro flirts with a seven-week high, while Sterling is buoyed by the Bank of England’s recent hike. Meanwhile, the Loonie is closely following the market mood amidst ongoing uncertainty.
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The end of the tightening cycle?
Janet Yellen’s statements end Powell’s risk rally; BoE’s rate hike is fully priced in; while the ECB feels vindicated and looks to further hike rates.