Topic: Daily Market Updates

Euro shrugs off downbeat data while a stronger UK pound faces late week event risks. USD/CAD slides to 3-week lows.

Euro fails to capitalize on higher rates; sterling flirts with 1-year highs. C$ notches 2-week peak and the dollar jumps after jobs report allays recession fears.

Euro slips after ECB opts for smaller 25 bp rate hike to 3.75%. Sterling rolls to 11-month highs and the Loonie steadies ahead of jobs report.

Markets unsure about size of ECB rate hike after data. Pre-Fed caution puts a lid on sterling and C$ plays the range ahead of Fed data.

Will inflation be the euro’s ticket higher? Stronger UK pound takes a holiday and Canada’s job market is in focus.

Euro’s rally dampened by data; GBP/USD poised for 1% monthly advance; C$ hits 1-month low as growth underwhelms; and U.S. core inflation surprises to upside.