Region: North America
-

Dollar softens further ahead ADP, initial claims
Dollar hit by weakening labor market. Euro recovers on soft US JOLTS. The BoC cuts rates third time in a row.
-

CAD steady ahead of BoC rate decision
Risk aversion ahead of job data. Pound weaker on global flows. Euro more fairly priced now.
-

Dollar momentum softens approaching PCE release
Dollar poised for worst month of 2024. Pound comfortable, but tests loom. Eurozone inflation drops to 3-year low.
-

Market action muted ahead of initial claims print
Dollar finds some respite. Pound holds its grip on key levels. Euro extends week’s losses.
-

Dollar gains on month-end flows
Risk aversion supports dollar. Pound scales 2-year peaks. Euro’s rally may have run its course.
-

Pound best performing amid thin trading
Dollar snaps losing streak. Pound holding firm on UK rate outlook. Euro slips from $1.12 handle.