Region: Europe

  • US dollar retreats as Fed leaves policy unchanged

    US dollar retreats as Fed leaves policy unchanged

    Hawkish Fed, softer dollar. Fed frustrates hawks, euro gains. All eyes on BoE today.

  • All eyes on the Fed

    All eyes on the Fed

    Conflict escalates, FX hesitates. Fed decision to test fragile stabilisation. Sterling gives back ground.

  • Violence subsides

    Violence subsides

    Fed and AI drive the week. Oil swings, EUR rates follow. Soft on sour sentiment.

  • The bar for hawkish surprises rises

    The bar for hawkish surprises rises

    A higher bar for dollar bulls. Familiar stagflationary dilemma faces euro. MPC risks tilt against sterling.

  • The list of risks grows

    The list of risks grows

    Dollar risks remain tilted to the upside. ECB holds firm as markets price more hikes. Pound’s summer rally loses momentum.

  • Testing market patience

    Testing market patience

    Are we back to duration and degree? Rangebound ahead of ECB. GBP/NOK extends its slide.