Topic: Europe

US macro data falls short; pound drops after BoE hike again, and growth fears are starting to weigh on euro.

BoE hike expected, but guidance is key. US inflation continues to cool, and the euro’s sensitivity to hawkish talk is subdued.

Dollar’s reaction function is now asymmetric. Rising UK wages to pressure BoE? Positioning is another risk to euro.

US credit conditions cushion dollar while sterling lingers near 1-year high, and German macro data disappoints.

US jobs report in focus. ECB hikes, German new orders plunge, and the pound stands tall ahead of BoE.

Fed signals pause, dollar drops. Will the ECB give markets what they want? Pound charges to 11-month high.