Topic: Daily Market Updates
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Sterling slips despite another UK rate hike
EUR/USD slides to 3-week low. Sterling falls after widely expected UK rate hike, and dollar weathers weaker data.
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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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AUD/USD, NZD/USD highest since February as US inflation dips below 5.0%
CNY weaker on rate cut expectations; GBP strength to be tested with BoE due.
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Dollar, U.S. inflation tick downward
Growth concerns check euro’s rise while sterling holds near highs. Dollar cools along with U.S. inflation.
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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.
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Aussie, kiwi drop from three-month highs ahead of US inflation
Kiwi gains in Europe, and all eyes on tonight’s US inflation report.