01/10/2025
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.
Sterling finds support from hawkish BoE commentary, while the Euro weakens on French political instability. The US Dollar remains firm ahead of key inflation data, with Fed credibility concerns still simmering.
Sterling finds support from hawkish BoE remarks, while the Euro struggles under political and consumer sentiment pressures. The Dollar remains resilient despite unprecedented Fed-related drama.
Markets remain focused on fallout from Powell’s Jackson Hole speech and political tension surrounding Fed independence. The Euro is buoyed by ECB’s pause stance, while Sterling struggles to build momentum despite firm UK data.
The US Dollar continues its weekly uptrend, supported by strong PMI data and tempered Fed rate cut expectations. GBP finds support from resilient inflation and PMIs, while EUR remains cautious ahead of German GDP.
Sterling remains under pressure despite elevated inflation, while the Euro struggles amid geopolitical uncertainty and soft growth signals. The US Dollar is firm ahead of key PMI data and Powell’s Jackson Hole speech, with rate cut expectations still in flux.