Region: Europe

Fed stands pat due to tariff uncertainty. UK-US trade deal expected. BoE rate cut is priced in today. Euro stuck in sideways trading pattern.

Greenback weaker as Fed decision looms. GBP/USD back to “danger zone”. EU mulls new counter-tariffs.

Taiwanese dollar surges as “appreciation by stealth” mooted. Dovish signals point to BOE’s May rate cut. GBP/AUD, EUR/AUD extend losses after Australian election.

US data downbeat but not dreadful. Euro flirting with key support level. Four BoE cuts now priced in.

Wave of hard data reinforces US growth concerns. Euro softens after historic April rally. Pound’s correlation with oil prices.

Data to drive dollar. Plenty of supporting factors for euro. Resilient sterling in risk-on conditions.