Topic: Daily Market Updates
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Pound and euro break below key support levels
Safe haven injection boost for dollar. Pound sinks further after retail sales miss. Euro breaks below key support.
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Currencies overlook geopolitical fears
Risk off fades, but dollar still buoyant. Testing the $1.05 handle. Pound erases inflation gains.
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Pound climbs as UK inflation rebounds
Geopolitics returns to the fore. Traders trim BoE rate cut bets. Euro’s rebound likely fleeting.
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Markets consolidating after elevated volatility
Equities and oil rebound. Trade war growth negative, inflation positive. Higher pound volatility expected next year.
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Sustained dollar resilience expected
Cautious Fed keeps dollar elevated. Nothing to go by at $1.0550. UK data dump looms.
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Risk sentiment hit after hawkish Fed remarks
Dollar flirting with fresh 1-year high. ECB cut 100% priced in. UK growth slows over summer.