Region: Europe
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USD index is up 1.6% this week
Soft jobs, strong dollar. No joy for the euro. UK jobs market is stabilising.
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Markets drift without data
Strength by default. EUR/USD hits 1-month low. Hawkish hue offers pound a lifeline.
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Dollar’s rebound gains momentum
Flirting with resistance, dollar awaits Fed firepower. Shutdown silence, euro slides. Sterling’s mixed fortunes.
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Muted data, loud politics
Reconciling GDP growth with labor weakness. Euro sentiment back on trial. Sterling breathes, euro buckles.
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Nothing nourishing for GBP and EUR
Stagnation with a price twist. No break without payrolls. A tricky Q4 awaits sterling.
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Markets drift without data
No jobs report, no conviction. Euro’s sugar high fades. Held Up by rates, held back by growth.