Topic: Daily Market Updates
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Hot inflation helps dollar heat up
Euro’s rally dampened by data; GBP/USD poised for 1% monthly advance; C$ hits 1-month low as growth underwhelms; and U.S. core inflation surprises to upside.
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Yen slumps more than 1% after BoJ decision
Dollar steady but on track for monthly loss while the Yen slumps after dovish Bank of Japan. Are inflation prints to seal ECB decision? Sound pound to score April win.
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US shares jump after weaker US GDP, but Fed hike still likely
Aussie, kiwi climb from recent lows; all eyes on BoJ’s Ueda.
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Dollar off lows as data keeps soft landing hopes alive
Euro clocks late March 2022 high; sterling little changed as month-end looms. C$ ticks up from 4-week lows, and Buck moves higher after data threatens to delay Fed rate pause.
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Stars align for euro as US risks rise
Several factors weighing on USD; is the pound primed for breakout? Euro clips fresh 1-year high.
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Aussie nears five-month lows after CPI drops
Global markets remain uneasy about US bank First Republic and its insolvency concerns.