Topic: Daily Market Updates
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Dollar stalls as risk appetite returns
Dollar’s rally cools after US Treasury Secretary pick. Euro’s downward trajectory is poised to continue. Slowing UK economy to weigh on pound.
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Weak PMIs raise European recession bets
Safe haven injection boost for dollar. Pound sinks further after retail sales miss. Euro breaks below key support.
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Haven demand gathers pace
Risk on, risk off; geopolitics in focus. Testing the $1.05 handle. Pound erases inflation gains.
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Risk off fades, Trump trades resume
Geopolitics returns to the fore. Traders trim BoE rate cut bets. Euro’s rebound likely fleeting.
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Risk appetite wavers, Canadian inflation eyed
Geopolitics rocks once more. BoC easing bias supports weaker CAD. Trade war growth negative, inflation positive. Higher pound volatility expected next year.
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Market euphoria has lost some steam
Cautious Fed keeps dollar elevated. Nothing to go by at $1.0550. UK data dump looms.