Region: North America
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Strong hiring lifts dollar, dampens rate cut risk
Euro fails to capitalize on higher rates; sterling flirts with 1-year highs. C$ notches 2-week peak and the dollar jumps after jobs report allays recession fears.
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Euro falls after ECB slows rate hikes
Euro slips after ECB opts for smaller 25 bp rate hike to 3.75%. Sterling rolls to 11-month highs and the Loonie steadies ahead of jobs report.
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Dollar firms ahead of central bank decisions
Markets unsure about size of ECB rate hike after data. Pre-Fed caution puts a lid on sterling and C$ plays the range ahead of Fed data.
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Dollar catches a holiday breather
Will inflation be the euro’s ticket higher? Stronger UK pound takes a holiday and Canada’s job market is in focus.
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Hot inflation helps dollar heat up
Euro’s rally dampened by data; GBP/USD poised for 1% monthly advance; C$ hits 1-month low as growth underwhelms; and U.S. core inflation surprises to upside.
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Dollar off lows as data keeps soft landing hopes alive
Euro clocks late March 2022 high; sterling little changed as month-end looms. C$ ticks up from 4-week lows, and Buck moves higher after data threatens to delay Fed rate pause.