13/03/2026
The pound is struggling amid weak UK data, while the euro and US dollar faced mixed fortunes due to dovish central bank expectations.
Today’s focus is squarely on the US CPI data, which could set the tone for major currency pairs in the coming days. GBP has found temporary relief, but broader UK economic challenges linger.
The Pound extended its losses across the board, reflecting heightened concerns about the UK’s economic outlook.
The US Dollar remains dominant across the board, buoyed by robust economic data and rising bond yields, while the Pound and Euro struggle under the weight of domestic uncertainties.
Currency markets are treading cautiously ahead of the US Nonfarm Payrolls report, with the dollar maintaining its strength and pressuring its peers.
The US Dollar continues to outperform amid cautious Fed sentiment and strong bond yields, while the Euro and Pound remain pressured by weak economic outlooks and policy divergence.