Topic: Daily Market Updates
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Case strengthened for another BoE rate hike
UK inflation sticks above 10%; Fed’s battle against markets, and the euro brushes off German morale decline.
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Pound climbs as UK wage growth jumps
UK wage growth adds to inflation woes; dollar stalls as China’s economy rebounds. We analyse the most traded currency pair in the world – EUR/USD, and ascertain how rate differentials are key for the euro.
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Barrage of data to drive FX this week
Is UK data to sway BoE decision? Hike in May, but expected cuts still weigh; while hawkish ECB tones support the euro.
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Fed pause bets boost risk sentiment; dollar dumped
Dollar slips to 1-year low on slowing inflation; sterling spikes to a fresh 10-month high; and the euro rallies through key resistance level.
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Slowing US inflation brings end to rate hikes in sight
Dollar slumps after US inflation cools; pound shrugs at no UK growth in February, and the euro is zeroing in on $1.10.
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A US inflation surprise could rattle markets
It’s all about US inflation today. Sterling holds risk-related gains and the euro takes its cue from the US.