Region: Europe

  • All eyes on global PMIs today

    All eyes on global PMIs today

    Dollar consolidates near 6-month highs. Dovish BoE rate outlook punishes pound. Euro hovers near 5-month lows ahead of key data.

  • Geopolitical shock fades

    Geopolitical shock fades

    Dollar gain moderates despite perfect storm. Still room for further GBP weakness? Euro gains ahead of PMIs.

  • Tensions in the Middle East

    Tensions in the Middle East

    Fed hawks roam free. Pound sets a new low for the year. Euro derailed by ECB comments.

  • Global relief, just not for equities

    Global relief, just not for equities

    US data in focus as dollar settles . Pound bottoms, helped by inflation. Euro inches to a 1-week high.

  • Powell caves and pivots

    Powell caves and pivots

    New reality of higher for longer sets in. Upside CPI surprise gives Sterling a boost. USD strength negates positive EU data surprise.

  • Dollar reigns supreme in 2024

    Dollar reigns supreme in 2024

    Retail sales continue streak of strong data. Sterling plunges to a 6-month low. Euro fails to recover despite industrial output rebound.