Topic: Daily Market Updates
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Robust US labor market outweigh concerns over higher yields
Greenback consolidates amid choppy FX markets. Fed policymakers’ top concern is inflation risk. US Treasury requests BoJ measures regarding Yen
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Job data, bromance turned brawl on the spotlight
Buckle up for payrolls. Canadian exports take a hit, trade deficit soars. Slow grind lower. Hawkish surprise lifts the Euro. Pound notches 40-month high.
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From one fire to the next
Buckle up for payrolls. Hawkish surprise lifts the Euro. Pound notches 40-month high.
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ECB delivered 25bps rate cut as expected
USD softens as risk sentiment wavers. China’s Services PMI shows resilience, but CNH unchanged. Greenback nears three-year lows ahead of jobs data.
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US Dollar drops after weak data
Stag creeps, flation leaps. Euro attempts to hold above $1.14. Let’s go oilers! UK data resilience driving GBP/USD strength.
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Dollar dips, ECB cut in focus
Stag creeps, flation leaps. Euro attempts to hold above $1.14. UK data resilience driving GBP/USD strength.