Topic: Europe
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Range-bound trading in FX
Stocks jump, oil slumps. Pound still soft after mixed jobs data. Euro trending below $1.09.
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From US resilience to European fragility
Dollar’s ongoing plethora of support. Important week of UK data. Germany to contract for a second year.
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Conflicting US data to keep Fed guessing
US yields slump despite inflation uptick. Sterling shrugs off UK GDP rebound. French budget woes.
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Dollar pauses for breath ahead of CPI
Bonds volatile; US inflation in spotlight. Pound should fare better versus euro. Lack of impetus.
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Uncertainty reaches all-time high
Dollar steady amid yield and haven appeal. Pound remains subdued despite rising UK yields. Negatives pilling up for the euro.
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Markets mixed as China underwhelms
US yields marching higher. Pound looks for support after hitting 4-week low. Euro trading sub $1.10.
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