Market Updates
Oil surge reshapes rate cut expectations and boosts dollar
1 min readEscalating conflict in the Middle East has become the dominant driver for currency markets, with oil surging above $100. Safe-haven demand has supported the dollar, while stagflation concerns and shifting central bank expectations keep sterling and the euro on the defensive.
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Oil surge reshapes rate cut expectations and boosts dollar
1 min readEscalating conflict in the Middle East has become the dominant driver for currency markets, with oil surging above $100. Safe-haven demand has supported the dollar, while stagflation concerns and shifting central bank expectations keep sterling and the euro on the defensive.
Iran conflict underpins dollar as sterling stays fragile
1 min readThe escalating conflict in Iran and the wider Middle East this week triggered a classic risk-off response, including renewed dollar demand. Meanwhile, energy-importing currencies like the euro, are feeling the pressure.
Dollar strength and tariff developments weigh on euro
1 min readTariff rulings, US-Iran tensions and hawkish Fed signals are driving dollar strength, while resilient German data supports the euro and rising UK unemployment keeps sterling on the defensive.
Strong US jobs data caps sterling and euro gains
1 min readThe dollar found relative stability last week after a stronger than expected US jobs data print. Data releases this week will be the difference for our major currencies. Sterling steadied following political pressure last week, but expectations of a March BoE cut – with inflation data pivotal – keep it vulnerable.
Political risk meets policy divergence as pressure mounts on GBP/USD
1 min readIt’s politics and policy shaping major currency pairs at the moment, rather than the data coming our way. Sterling is feeling the pressure amid UK political uncertainty and a more dovish Bank of England, while the euro held steady following last week’s ECB meeting.
Dollar finds footing as Warsh named Fed chair following nosedive
1 min readSwings in the dollar once again dominate conversation with stability largely in place at the start of the week. US policy uncertainty and plenty of data releases will remain pivotal for broader direction in the week ahead.
Strong UK retail and services data support sterling
1 min readIn the past week, sterling and the euro have both found support from easing geopolitical tensions and pockets of resilient domestic data. The dollar, on the other hand, remained weighed down by policy uncertainty and questions around Fed independence.
Dollar softens on tariff threats and UK data the difference for sterling
1 min readTrump’s latest tariff threats dominate headlines, keeping the dollar under pressure and traders on watch as trade tensions continue between the US and the EU/UK. Sterling has seen recent gains but awaits important data including UK CPI for clues on BoE policy.
Fed independence concerns weigh on USD as GBP holds firm
1 min readDiscussion revolves around USD this week, with upcoming data releases arguably less impactful than other news. Stories include tension between Trump and Fed Chair Powell, a pivotal Supreme Court ruling, and positive signals in UK-EU relations.