Region: Europe

US data in focus as dollar settles . Pound bottoms, helped by inflation. Euro inches to a 1-week high.

New reality of higher for longer sets in. Upside CPI surprise gives Sterling a boost. USD strength negates positive EU data surprise.

Retail sales continue streak of strong data. Sterling plunges to a 6-month low. Euro fails to recover despite industrial output rebound.

Dollar supercharged by rate divergence. Pound hits 5-month low. Risky to bet on a euro rebound.

Dollar clips fresh 6-month high. Pound stabilises near 2024 lows.

Inflation just won’t bend. Pound and euro drop over 1%. ECB in focus today.