Region: Europe
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Greenback keeps control
Greenback holds the high ground. Euro softens as consolidation deepens. The puzzle of a positive day that didn’t deliver.
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Still running hot
Dollar bears grapple with growth expectations. Volatility too quiet for comfort. Gilts lean into the soft patch.
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Not soft enough: dollar supported
USD showing resilience near 1-month high. Euro range bound by rate reality. Reading between the MPC lines.
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Fed under fire, inflation in focus
Fed risk simmering, dollar holds solid. Dollar resilience caps euro ambition. Pound close to 10-year average.
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All eyes on CPI
A jobless expansion? Oversold setup gets breathing space. Sterling’s external sensitivity has shifted meaningfully.
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Dollar at 4-week high before twin risk events
Jobs and judgements in focus. Sterling’s structural headwinds persist. Jobs jolt poised to shake EUR/USD.