Topic: Europe

Five questions going into the week. Macro data to drive FX this week. No hike, but “high for longer” message expected.

Stellar GDP print but yields retreat. ECB pauses – terminal rate reached? Pound bounces from 3-week low.

Dovish signals mount ahead of ECB decision. Dovish BoE outlook weighs heavy on pound. Mortgage rates hit 23-year high.

When there is no alternative to the dollar. Pound heavy on US/UK growth outlook divergence. Data releases erase weekly EUR gains.

Ackman puts the lid on US yield surge. Pound breaks north of trendline as PMIs loom. Euro breaks above $1.06 on lower oil and US yields.

Three implications from two weeks of war. Big week for Europe – is the continent bottoming? Risk-sensitive sterling suffers.