Region: Europe
-

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

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

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