09/01/2026
Sterling softened ahead of the BoE decision, while the Euro steadied near recent lows amid political uncertainty and cautious ECB tone. The US Dollar remained firm on fading December cut expectations.
Sterling remains under pressure amid fiscal uncertainty and BoE rate cut speculation. The Euro trades cautiously near multi-month lows, while the US Dollar consolidates recent gains ahead of key ISM data.
As November begins, attention will turn to whether the US government fully resolves its shutdown and how the Fed’s tone evolves after its October meeting. The BoE’s upcoming policy decision will be crucial for Sterling, while Eurozone sentiment will hinge on French fiscal stability and German industrial recovery.
The US Dollar held weekly gains after the Fed’s cautious tone dampened December cut expectations. The Euro steadied post-ECB, while Sterling remained pressured by UK fiscal concerns and BoE easing bets.
Sterling remains weak amid inflation softness and fiscal concerns, while the Euro steadies ahead of the ECB decision. The US Dollar firmed after Powell’s hawkish tone, despite the expected rate cut.
Sterling weakened further on soft retail inflation and BoE rate cut expectations. The Euro trades cautiously ahead of the ECB decision, while the US Dollar stabilises as markets await Powell’s guidance.