13/03/2026
Markets are in a holding pattern ahead of Eurozone inflation and key US data. Sterling and the Euro remain steady ahead of Thursday’s BoE and ECB decisions, while the Australian Dollar outperforms following the RBA’s hawkish hike.
Sterling and the Euro traded steadily ahead of Thursday’s BoE and ECB decisions, with both central banks expected to hold rates.
As markets move into February, attention will remain firmly on central bank leadership, policy credibility and geopolitical risk. The Federal Reserve’s next steps—and the confirmation of its future Chair—will be pivotal for USD direction.
The Dollar rebounded as markets awaited Trump’s Fed Chair announcement and a shutdown deal eased immediate risks.
The Dollar’s recovery faltered as markets refocused on Fed independence concerns, geopolitical tensions, and political uncertainty.
The Dollar stabilised ahead of a pivotal Fed meeting. Sterling eased from multi‑year highs but remains supported by strong domestic data.