Topic: Daily Market Updates
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Risk-off as investors await jobs data
Risk-off as investors await jobs data. Pound retraces in uneventful trading. Euro loses further momentum.
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Aussie falls ahead of RBA as global shares drop
Global shares ease after strong November. RBA seen as likely on hold. Emerging FX hit as sentiment shifts.
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Powell fails to spoil investors mood
Powell pushback just not enough. Pound profits from new FX hierarchy. Euro under pressure despite a surge in optimism
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Greenback lower as Powell reaffirms outlook is “balanced”
Powell confirms outlook is now “balanced”. Inflation key for USD outlook. RBA, US jobs due.
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US dollar records worst month in a year
Dollar bounces before Powell speech. 2nd best G10 currency this week. Dovish ECB repricing hurts euro.
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USD extends comeback, EUR tumbles after CPI miss
USD rebounds for second day. Euro crumbles as inflation starts to turn. China PMI to be closely watched.