Region: Europe

Risk aversion ahead of job data. Pound weaker on global flows. Euro more fairly priced now.

China continues to disappoint. Seasonals could weigh on sterling. Political risk flares again in Europe.

Data to decide size of Fed cut. Sterling lacking fresh positive catalysts. Euro momentum turns bearish as inflation cools.

Dollar poised for worst month of 2024. Pound comfortable, but tests loom. Euro slides on soft German CPI print.

Dollar finds some respite. Pound holds its grip on key levels. Euro extends week’s losses.

Risk aversion supports dollar. Resilient pound scales 2-year peaks. Euro’s rally may have run its course.