Region: Europe
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Intervention extends dollar retreat
Warshspeak + yen shock steepen dollar reset. Euro marching through one-month highs. BoE leaves rates unchanged, sterling little changed.
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US dollar retreats as Fed leaves policy unchanged
Hawkish Fed, softer dollar. Fed frustrates hawks, euro gains. All eyes on BoE today.
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All eyes on the Fed
Conflict escalates, FX hesitates. Fed decision to test fragile stabilisation. Sterling gives back ground.
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Violence subsides
Fed and AI drive the week. Oil swings, EUR rates follow. Soft on sour sentiment.
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The bar for hawkish surprises rises
A higher bar for dollar bulls. Familiar stagflationary dilemma faces euro. MPC risks tilt against sterling.
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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.