Region: Europe

Like the week never happened. All eyes on inflation next week. Euro anchored above $1.09, looks for clearer signals.

Dollar vulnerable as sentiment brightens. Pound needs a new positive trigger. Euro stabalises above key technical level.

Yen reverses and stocks rebound. Seasonals and rate differentials weigh on pound. Euro pares back some gains, trades structurally higher.

Calmer waters after turbulence. Pound stabilises with equities. Euro second best performing G10 currency in 2024.

Risk aversion supports low yielders and safe havens. Pound sensitive to global sentiment. Euro salvaged by US NFPs.

Is the Fed behind the curve? Hawkish cut limits pound’s losses. Euro starts August on a wrong foot.