Topic: Daily Market Updates
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BoC prepares for trade war
Wait and see. Technicals still not supportive. Fed not ready to pivot. Sterling indifferent to Reeves’ speech.
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ECB to cut after Fed pause
Technicals still not supportive. Fed not ready to pivot. Sterling indifferent to Reeves’ speech.
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Canada cuts, US holds while Europe likely to cut tonight
USD higher after Fed holds steady. Aussie weaker as inflation signals RBA cuts. ECB seen likely to cut, but euro still gains.
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Central banks back in action today
Dollar higher before the Fed. Past peak pessimism but no optimists in sight. Chancellor’s speech to guide sterling. It’s not what you do, but what you say.
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Fed set to pause rate-cut cycle
Dollar higher before the Fed. Past peak pessimism but no optimists in sight. Chancellor’s speech to guide sterling. It’s not what you do, but what you say.
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USD climbs from lows ahead of Fed
Aussie, kiwi lower as Fed decision looms. Fed monetary stance maintains USD market tension. European Central Bank seen as likely to cut.