Region: Europe

  • Still running hot

    Still running hot

    Dollar bears grapple with growth expectations. Volatility too quiet for comfort. Gilts lean into the soft patch.

  • Not soft enough: dollar supported

    Not soft enough: dollar supported

    USD showing resilience near 1-month high. Euro range bound by rate reality. Reading between the MPC lines.

  • Fed under fire, inflation in focus

    Fed under fire, inflation in focus

    Fed risk simmering, dollar holds solid. Dollar resilience caps euro ambition. Pound close to 10-year average.

  • All eyes on CPI

    All eyes on CPI

    A jobless expansion? Oversold setup gets breathing space. Sterling’s external sensitivity has shifted meaningfully.

  • Dollar at 4-week high before twin risk events

    Dollar at 4-week high before twin risk events

    Jobs and judgements in focus. Sterling’s structural headwinds persist. Jobs jolt poised to shake EUR/USD.

  • Risk appetite cools, dollar firms

    Risk appetite cools, dollar firms

    Signals beyond Venezuela. Digesting the US data deluge. Rate spread widens, jobs data holds the trigger. Pound softer amid risk off tone.