Topic: Daily Market Updates
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Markets in risk off; yen in limelight
Calibrating intervention risks. Mixed data complicates BoE outlook. Risk off mood keeps a lid on euro recovery.
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USD gains traction
Aussie surges after CPI shock. Euro pressured by French political uncertainty. Peso weakens on trade imbalance as BSP holds rates.
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Yen weakens beyond 160 level, raising risk of intervention
USD risks skewed to downside? USD/CAD maintains a bullish bias post hot CPI print. Euro weakens on hawkish Fed comments.
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Hawkish Bowman’s comments props up struggling dollar
USD risks skewed to downside? Run-up to UK vote. Euro weakens on hawkish Fed comments.
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Aussie’s CPI upcoming release is today’s key event
Consumer confidence steady as tech stocks rebound. USD outlook tied to consumer confidence. Aussie poised to press higher as inflation looms.
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Dollar trends lower amid quarter-end flows
Dollar rally stalls. CAD holds firm ahead of CPI. Pound steady after CBI survey. Euro gains after two-day slump.