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Markets eye noisy week on trade
USD holds on tariff headlines. Trade in focus: July 9th deadline is here. Euro rallies on hype, not on health. GBP rally on a knife’s edge ahead of “Liberation Day 2.0”.
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Fragile outlook for the USD ahead of tariff deadline
A win for the US administration. Built on buzz: the euro rally faces a reckoning. Canada’s trade deficit narrows. Sterling rebounds, doubts linger. Solid year-to-date gains for the Mexican Peso.
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USD in focus ahead of jobs report
ADP disappoints, but DXY defies. Political drama compounds GBP weakness. CAD moves lower. Euro fizzles ahead of NFP.
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Macro data on focus
Surprise at the top. US data punches the euro. Rangy trading. Dovish signals knock the pound. Peso keeps gaining.
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Short week, big jobs test
Cautiously optimistic. Euro ticks up, but trade progress may keep bulls cautious. Mild, not severe. Fed caution, BoE cuts: a tale of two paths.
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Dollar’s soft path continues
Soft enough: doves in command. Euro bulls charge back. Clinging to monthly gains. GBP/USD highest since 2021. Internal division.