Topic: Daily Market Updates

Greenback approaches May 2025 highs ahead of US jobs report. Yen holds near 40-year low. A higher bar for the hawks

USD remains supported on jobs, PMI news. Australia factories gain traction. Sterling holds its ground

USD/JPY hits 40-year highs as dollar stays firm. China PMI rebound fails to ease demand concerns. Euro weaker as ECB forum opens

US dollar pulls back as tech slump weighs on risk mood. Euro consolidates as disinflation narrative builds. RBA signals faster cuts when growth slows

Rates regime strengthens as debasement trade fades. EUR/USD’s decline stalls at 1.1350. Sterling’s problem is the dollar.

Dollar strength beyond hawkishness. Divergence depressing the euro. Sterling also at the mercy of the dollar.