20/03/2026
Sterling traded cautiously ahead of Reeves’ Autumn Budget, with BoE cut bets weighing. The Euro remained subdued on weak German GDP, while the US Dollar consolidated as Fed cut expectations rose.
Sterling remained pressured by weak Retail Sales and budget uncertainty, while the Euro steadied ahead of German IFO and ECB speeches. The US Dollar consolidated as Fed cut bets resurfaced.
Sterling weakened on soft Retail Sales and BoE cut expectations, while the Euro steadied ahead of PMI data. The US Dollar consolidated weekly gains after strong NFP closed the door on a December Fed cut.
Sterling steadied ahead of key UK data and budget risks, while the Euro extended losses on Fed-driven Dollar strength. The US Dollar rallied on hawkish FOMC minutes and fading rate cut bets, with NFP in focus.
Sterling softened on cooling inflation and fiscal concerns, while the Euro drifted lower amid risk aversion. The US Dollar held firm ahead of the FOMC minutes and delayed NFP data, with Fed commentary mixed.
Sterling remains under pressure amid fiscal uncertainty and BoE rate cut speculation, while the Euro holds steady on cautious ECB tone. The US Dollar stabilised as Fed cut bets faded and risk aversion returned.