Topic: Europe
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Tariff talk fires up FX volatility
CAD tumbles after Trump tariff talk. Short-term reprieve for euro. Pound struggling to gain traction.
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Markets cheer Bessent appointment
Dollar’s rally cools after US Treasury Secretary pick. Euro’s downward trajectory is poised to continue. Slowing UK economy to weigh on pound.
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Pound and euro break below key support levels
Safe haven injection boost for dollar. Pound sinks further after retail sales miss. Euro breaks below key support.
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Currencies overlook geopolitical fears
Risk off fades, but dollar still buoyant. Testing the $1.05 handle. Pound erases inflation gains.
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Pound climbs as UK inflation rebounds
Geopolitics returns to the fore. Traders trim BoE rate cut bets. Euro’s rebound likely fleeting.
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Markets consolidating after elevated volatility
Equities and oil rebound. Trade war growth negative, inflation positive. Higher pound volatility expected next year.
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