Market Updates
All eyes on US inflation as big dollar test
1 min readMarkets largely shrugged off renewed Middle East tensions this week, so Tuesday’s US CPI is the first real test of whether the dollar’s pullback has legs. A soft print would suggest inflation is peaking and keep the dollar on the back foot.
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Voting pattern in focus at BoE interest rate meeting this week
1 min readA quieter week gives way to a pivotal one, with both the BoE and ECB meeting alongside the Fed. All are expected to hold rates, the question is what will the voting pattern look like? There’s also a packed calendar of data releases to keep an eye on.
Sterling rally stalls on IMF growth downgrade and political pressure
1 min readGains across sterling and the euro remain fragile, even with de-escalation hopes and surging equity markets taking the shine off the dollar’s safe-haven bid.
Ceasefire optimism fades as markets brace for a pivotal week
1 min readA US-Iran ceasefire sparked a wave of risk-on sentiment last week but negotiations over the weekend made little headway, and markets are already pulling back. Central bank commentary will also be in focus this week.
Dollar steady as global uncertainty deepens
1 min readHawkish central bank rhetoric dominated last week, with both the BoE and ECB firmly focused on inflation risks tied to the ongoing Iran conflict and volatile energy markets. The dollar sits in an unusual position: supported by safe-haven flows but held back by a comparatively less hawkish Fed.
Central bank hawks dominate following inflation fears
1 min readHawkish central bank rhetoric dominated last week, with both the BoE and ECB firmly focused on inflation risks tied to the ongoing Iran conflict and volatile energy markets. The dollar sits in an unusual position: supported by safe-haven flows but held back by a comparatively less hawkish Fed.
Sterling and euro under pressure as oil swings drive rate expectations
1 min readConflict in the middle east continues to ripple through currency markets, with oil price swings driving rate expectations and keeping volatility elevated. This week sees central bank meetings from the Fed, BoE and ECB, all unlikely to deliver any interest rate changes.
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.