17/03/2026
The week opened with heightened volatility as Trump’s tariff threats against Europe triggered broad USD weakness and record‑high gold prices.
The US Dollar strengthened ahead of today’s NFP release, with markets cautious and volatility subdued. Sterling weakened against the Dollar but held above 1.15 versus the Euro.
Markets turned cautious ahead of a heavy US data slate, with the Dollar steady after strong ISM Services data. Sterling softened against the Dollar but held firm versus the Euro.
The US Dollar steadies ahead of a heavy US data slate, while risk appetite improves. Sterling consolidates near recent highs, supported by BoE caution.
The US Dollar softened as risk appetite improved and weak ISM Manufacturing data weighed on the currency. Sterling advanced strongly, with GBP/EUR breaking to 1.1550 and GBP/USD holding near multi‑month highs.
The US Dollar extended its recovery as geopolitical tensions surged following the US strike on Venezuela. Sterling held firm against the Euro and only modestly softened against the Dollar, supported by the BoE’s gradual easing stance.