Region: Europe
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US growth scare continues
Dip buyers save the day. New government, old problems. Pound running into resistance.
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Reversal of Atlantic (US-EZ) fortunes
Questioning US exceptionalism. Euro higher following German election. Uncertainty about the UK economy.
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Dollar weighed down by data
The dollar is trending lower. Testing $1.05 before PMIs and election. Weak US data pushes GBP/USD higher.
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Fractured world
Investors betting on the double put. Euro without a life of its own. Pound reverses from multi-month highs.
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Pound clocks fresh 2-month high
Dollar snaps daily losing streak. Euro slides despite uplift in investor morale. UK inflation surges to 10-month high.
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Dollar attempting rebound, but pound resilient
Dollar’s dual path: strong near-term, uncertain long-term. Too soon to call trend change in euro. Pound climbs as UK wage growth accelerates.