02/10/2025
Market focus today is centred on the release of US Consumer Price Index (CPI) data, which will be critical in shaping expectations for the Federal Reserve’s upcoming interest rate decision.
Global market sentiment remains cautious as central banks in major economies, including the Federal Reserve, ECB, and BoE, are leaning towards dovish policies amidst mixed economic data.
The week ahead promises heightened volatility across EUR, GBP, and USD pairs, with key data releases likely to drive significant market moves.
Global markets remain cautiously optimistic but are on edge as key economic data from the US and Eurozone dominate the narrative.
Uncertainty dominates markets ahead of key US jobs data, with expectations that a second consecutive weak report could further erode market confidence.
In recent trading sessions, major currency pairs such as EUR/USD and GBP/USD have experienced fluctuations amid a softening US Dollar and broader risk-averse sentiment in the market.