Topic: Daily Market Updates
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Pound recovers after UK jobs report
UK wage growth hits record high, dollar hits 1-month high, and the euro is cushioned by China rate cut.
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Data to test U.S. dollar’s buoyancy
Euro anchored near lows, sterling steady as big week gets underway, and USD/CAD firm ahead of data.
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Dollar firms as risk assets feel the squeeze
It’s all about the dollar but gains still limited, China is limiting the euro’s potential, and the pound mixed before UK wage and inflation data.
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Dollar on track for another winning week
Euro wavers below 2-week high, resilient British economy signals higher UK rates ahead, and C$ at risk of extending weekly slide.
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Markets whipsaw as US inflation digested
CPI bolsters cause for a Fed pause, will the ECB pause in September as well? Pound buoyed by GDP beat.