08/12/2025
Sterling consolidated ahead of BoE and Fed decisions, while the Euro gained on stronger German data and hawkish ECB tone. The US Dollar remained pressured as markets priced a December Fed cut.
Sterling held firm, supported by upward PMI revisions, though BoE cut expectations capped upside. The Euro regained ground ahead of GDP revisions, while the US Dollar remained pressured by dovish Fed sentiment despite stronger jobless claims.
Sterling extended gains on budget relief and stronger PMI, though BoE cut expectations capped upside. The Euro held firm on robust services data and ECB stability, while the US Dollar remained pressured by weak ADP employment and dovish Fed sentiment.
Sterling extended its relief rally despite dovish BoE expectations, while the Euro firmed on sticky inflation and ECB stability. The US Dollar weakened as Fed cut bets intensified and speculation grew over Powell’s successor.
Sterling traded cautiously on dovish BoE expectations and fiscal headwinds, while the Euro consolidated ahead of key inflation data. The US Dollar steadied on higher yields despite weak ISM manufacturing, with Fed cut bets firmly in place.
Sterling steadied but remains capped by BoE cut expectations, while the Euro consolidated gains ahead of Eurozone inflation data. The US Dollar weakened as dovish bets intensified despite upcoming ISM PMI.