Topic: Daily Market Updates
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Euro hovers below 7-month high, set for strong weekly gain
Yields up, dollar up, on soft landing narrative. Pound holds gains after UK retail data. Euro stumbles as US defies expectations.
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Euro rallies above $1.10 ahead of US CPI
Milder US CPI after PPI miss? Pound drops on soft CPI print. Euro shrugs off ZEW miss.
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Dollar edges higher ahead of PPI release
Cause for caution. Loonie directionless ahead of US CPI. Euro retreats at ZEW survey disappointment.
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Yen drops, focus turns to US CPI
New volatility catalyst. Data deluge to determine pound’s direction. Euro remains in a consolidation mode above $1.09.
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Dollar on a backfoot as sentiment improves
Like the week never happened. All eyes on inflation next week. Euro anchored above $1.09, looks for clearer signals.
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Safe havens gain as stocks stutter
Dollar vulnerable as sentiment brightens. Pound needs a new positive trigger. Euro stabalises above key technical level.