Region: Europe
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EUR/USD fills the gap
Dollar eases on credit concerns, Fed tone and political uncertainty. Cycle highs in sight, but still a test. Short-lived strength, long-term strain.
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Rate cut rhetoric gains altitude
Out of breath above 99. Soft data keeps piling up. Shorts squeezed, risks remain.
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Soft talk, sticky prices
It’s not just tariff-inflation. Euro finds relief in politics, not data. BoE and IMF align on UK growth risks.
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Dollar holds, euro fades
DXY at 99 – riding the data drought. Unanchored – EUR/USD slips as support fades. Jobs soft, wages sticky.
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Threats first, walk-backs later
Rare earths, tariffs and a TACO walk-back. Euro politics – rinse and repeat. UK jobs report in focus.
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USD index is up 1.6% this week
Soft jobs, strong dollar. No joy for the euro. UK jobs market is stabilising.