Topic: Daily Market Updates

Failed auction, hawkish Powell and a cyberattack. UK economy defies contraction expectations. Weak Chinese data renews stimulus hopes.

US debt auctions matter again. Bailey’s efforts to rescue Sterling fall short. Euro in wait-and-see mode.

Retreatment of yields noted by the Fed. BoE rate cut bets weigh on pound. Disappointing German data hurts euro.

Slight retracement of the optimism. EUR/USD rally stalls. Failure at key level triggers sharp pullback.

Dollar tumbles as yields drop. Euro starts week beyond $1.07. Pound records second best day of 2023.

The (rates) end is near. BoE holds rates at 15-year high. EUR/USD on track to close the week above $1.06.