Region: Europe
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Currencies desensitised to geopolitical headlines
Dollar drifts, data leads. ZEW surveys in focus today. Continued UK labour market softeness.
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Hawkish Fed story under strain?
Dollar holds the line. Soft US data lifts EUR/USD to two-month highs. Data week puts sterling’s resilience to the test.
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Calm markets, big questions
Dollar shrugging off dovish data. Euro still stuck in tight range this month. Low FX volatility helping to support sterling.
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Price pressure backdrop remains in check, for now
Tame inflation print keeps hawks wanting more. EUR/USD shrugs off soft CPI. Calm seas keep sterling afloat.
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Inflation eclipse looms over dollar
CPI takes the wheel. Markets expect minimal reaction. Rising yields, familiar warning signs.
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The calm before CPI
Higher crude cushions dollar. Wait-and-see mode ahead of US CPI. Sterling shrugging off global concerns.