Topic: Daily Market Updates

Dollar struggles to make headway, pound usually has an awful August, and global manufacturing recession continues.

US ISM reading in focus today, UK house prices fall most in 14 years, and ECB making slow but steady progress.

Dollar stays data dependent in data filled week, euro stuck between two opposing forces at $1.10, and BoE to hike rates to 15-year high.

US resilience in the face of a global slowdown. ECB hikes rates amid a weak economy, GBP/EUR recoils from €1.17, and the yen rallies after BoJ tweak.

Fed hikes rates to 22-year high. Will ECB switch to full data dependency? BoE to follow next week.

Fed hike priced in, communication is key. Pound supported by upbeat data, and the euro is struggling to ignore recession risks.