Region: North America

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. Loonie rises as investors boost Fed easing bets. 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.

Markets commit to September cut. BoJ, Fed done – BoE next. Euro trends higher as inflation runs too hot.

Markets commit to September cut. BoJ, Fed done – BoE next. Eurozone inflation runs too hot.