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Equities lift off as FX looks to consumer data
Nothing good happens below the 200-day SMA. Good data is good news. Euro down on buyers’ fatigue. Sturdy start for sterling.
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Spotlight on U.S. growth today as April 2nd nears
New U.S.-Canada tariffs expected after April 2nd. Risks around “fiscal and trade policies”. Euro under pressure. Monetary caution and fiscal consolidation influence pound.
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Steady dollar wraps calm week
April 2nd will lead the show. Post-Fed euphoria fades. Euro bracing for a weekly decline. BoE in no rush.
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Dollar rises after Fed’s stagflation revision
Holding pattern for the Loonie. Best Fed day for stocks since July ‘22. Euro slips below $1.09. BoE priced to stay on hold.
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It’s Fed Day
Tough times for central bankers. Equity rout continues pre-Fed. European confidence making a comeback. Profit-taking risk ahead of BoE.
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U.S. data weighs on dollar
On both sides of the border. Retail sales miss weighs on dollar. Clearing the $1.09 barrier. Knocking on the door of $1.30.