Region: North America
-
Rising yields support DXY
Dollar advances to 2-week high. Risk sensitive sterling feels the pinch. Easing German CPI weighs on euro.
-
DXY extends recovery with fading Fed rate-cut bets
Dollar poised for worst month of 2024.Pound extends gains as Labour majority eyed. ECB’s Knot hints at four cuts in 2024. CAD weakens as it awaits a new catalyst.
-
Dollar retreats as UK and US reopens after holidays
Dollar drifts lower ahead of inflation data. Sterling at multi-month highs. Euro rebounds after first weekly loss in six.
-
Dollar set for a best performance in six weeks
Dollar gains on strong US data. Sterling sanguine after eventful week. Eurozone pay growth reverses course in Q1.
-
Canadian dollar weakens on diverging BoC-Fed outlook
Sterling unfazed by snap election. Hawkish Fed minutes lift dollar. Euro bearish tone sets in. Canadian dollar under pressure.
-
Low inflation print fires the gun on BoC rate cuts
Above-forecast UK inflation boosts pound. Fed minutes in focus. Near-term euro optimism fades. CAD slumps as inflation cools more than expected.