Region: Europe

Dollar slips before Fed minutes. Sterling’s recovery could extend higher. China’s stimulus hopes overshadow jittery European gas market.

Financial markets doing the job for the Fed. Volatility expected to increase this quarter. EUR: bad luck comes in threes.

Middle East conflict dents sentiment. Focus shifts from labour to inflation. Pound surrenders to safe havens.

Jobs report to leave Fed on fence? Sterling’s rebound loses traction. Neutral euro at $1.05 before big data.

ADP report does not matter, until it does. Yield and oil slip, euro back above $1.05. Correlation with euro could prove dicey for pound.

Dollar supported by surging yields. Positioning woes for sterling. No relief for an unattractive euro.