Topic: FX research
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All eyes on the PMI’s
Stock gains limited with 2-year yield at 5%, Europe’s problems. Cyclical or structural? GBP/EUR eying fresh 1-year highs.
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Dollar’s surge checked by improved risk tolerance
Euro notches 6-day high, sterling’s rise undercut by data, and C$ holds above 2 ½ month low.
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Cautious risk recovery as yields still surging
Dollar dips despite surging yields, pound eyes 200-day moving average, and 6% peak back on the table.
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China disappoints with smaller than expected rate cut
Aussie, CNY weaker initially, but later rally.
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Dollar’s rally ebbs as focus shifts to Fed
Euro bounces ahead of key data, sterling holds firm after snapping weekly skid, and C$ rises above 2 ½ month low.