Topic: Daily Market Updates
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Debt limit talks in spotlight; US dollar strengthens
Dollar advances on data and debt drama; strong data to hinder pound from here? Weak macro data leaves Euro range bound.
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Sterling stung by jobs report, US debt ceiling in focus
Pound slumps as UK jobs market cools and weak data starts to drag on euro.
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Wavering risk appetite supports dollar rebound
Dollar swoops up safe haven demand. Pound slumps back below $1.25, and euro’s position unwind against a hawkish ECB.
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Renewed global growth angst jolts markets
US macro data falls short; pound drops after BoE hike again, and growth fears are starting to weigh on euro.
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Crunch time for sterling as BoE decision looms
BoE hike expected, but guidance is key. US inflation continues to cool, and the euro’s sensitivity to hawkish talk is subdued.
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US inflation in spotlight as sterling shines
Dollar’s reaction function is now asymmetric. Rising UK wages to pressure BoE? Positioning is another risk to euro.