30/09/2025
Sterling remains under pressure amid UK fiscal concerns, while the Euro steadies ahead of key data. The US Dollar is firm but vulnerable to labour market softness, with Fed rate cut expectations nearing 97%.
Sterling weakens on UK fiscal concerns and surging gilt yields, while the Euro holds steady ahead of Lagarde’s speech. The US Dollar gains on safe-haven flows and rising Treasury yields, with markets focused on JOLTS and NFP data.
Sterling weakens against both the Euro and Dollar as traders await BoE commentary and UK data. The Euro is buoyed by steady inflation expectations and hawkish ECB signals. The US Dollar gains ahead of key PMI and labour market releases, though political uncertainty clouds its outlook.
The US Dollar remains under pressure amid growing expectations of a Fed rate cut, with key employment data due later this week. Sterling is supported by BoE policy divergence, while the Euro gains on stable German inflation and dovish Fed sentiment.
As we move into September, markets will be focused on upcoming US inflation and jobs data, which will be key in shaping expectations for a potential Fed rate cut. For Sterling, attention will turn to UK inflation and labour figures to confirm whether the BoE will slow its easing cycle. The Euro remains vulnerable to weak German data and ongoing political uncertainty in France.
Sterling softens against the Euro and Dollar ahead of key inflation data, while the Euro remains pressured by weak German retail figures. The US Dollar stabilises on upbeat GDP and cautious Fed commentary.