Topic: Daily Market Updates
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Pro-cyclical currencies pounce amid upbeat risk tone
Dollar drifts lower ahead of inflation data. Sterling at multi-month highs. Euro rebounds after first weekly loss in six.
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Dollar edges to a near 1-week high
Dollar gains on strong US data. Sterling sanguine after eventful week. Eurozone pay growth reverses course in Q1.
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Pound holds firm on UK Election call
Sterling unfazed by snap election. Hawkish Fed minutes lift dollar. Euro bearish tone sets in.
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Sterling records new 2-month high
Above-forecast UK inflation boosts pound. Fed minutes in focus. Near-term euro optimism fades.
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Sentiment cools as Fed cautious on cuts
Dollar steadies as Fed guidance in focus. Pound climbing ahead of inflation data. Euro faces mild downside pressure.
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Global risk rally boosts sterling
Markets cheer the fall of inflation. Proud pound faces inflation test. Weak data, stagnating yuan, new tariffs.