Region: Europe
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Preparing for the central bank bonanza
A strong US labor report. Copy, paste. BoE to repeat its last meeting? Euro suffers third worst week in 2023
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ECB to lead the global easing cycle in 2024
Falling oil price reinforces bets on rate cuts. EUR under strong selling pressure. Pound down, UK yields at 7-month lows.
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ECB saves the dollar from weak jobs data
Cracks in the US labor market. Pound loses steam. Euro nears 3-week low on dovish ECB signal.
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Risk-off as investors await jobs data
Risk-off as investors await jobs data. Pound retraces in uneventful trading. Euro loses further momentum.
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Powell fails to spoil investors mood
Powell pushback just not enough. Pound profits from new FX hierarchy. Euro under pressure despite a surge in optimism
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US dollar records worst month in a year
Dollar bounces before Powell speech. 2nd best G10 currency this week. Dovish ECB repricing hurts euro.