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USD bid, focus shifts to macro data ahead
Tariff rollback eases pressure on Bank of Canada. The new tariff is political interference. Banxico poised for rate cut as Peso looks to Fed’s next move. Fragmentation risk returns.
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Fed cut enthusiasm wanes
Euphoria around interest rate cuts eases. Sentiment takes a hit: The euro’s triple threat. Sterling faces structural strains.
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Dovish Powell sends US dollar lower
A foundational shift in economic policy. Euro regains the 1.37. Elbows down.
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Dollar rebounds ahead of Jackson Hole
All eyes on Jackson Hole. Euro softens despite strong PMIs. Pound at 2-week low as risk sentiment wavers. Banxico signals gradual path ahead.
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FX on hold as policy direction hangs on Jackson Hole
CAD drifting higher ahead of Jackson Hole. Fed under fire again. Losing Interest: sterling’s real rate reality.
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Jackson Hole on deck, inflation drives FX market caution
Unpacking the effects of tariffs on Canadian inflation. UK inflation heats up, rate cut bets cool down. Euro stuck in low gear.