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GBP: Sterling starts the week on the back foot

Sterling ended Sunday night softer against both the dollar and the euro, reflecting that early risk-off tone. When markets get nervous, the pound is an effective barometer of sentiment – fine when confidence is high but weakening when the markets take fright. What...


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USD: Dollar leans into safe-haven demand

The dollar has started the week with investors leaning on it as the “default” shelter when headlines turn ugly. That’s helped it keep the upper hand against both sterling and the euro into Monday’s open. The wrinkle is oil. If higher crude starts to look sticky, it...


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USD: Dollar on the march

It was a sea of green for the greenback yesterday, gaining close to 1% on the pound and a solid wedge against the euro too. As the Fed looks for signs on inflation, they will be taking an interest in the Producer Price Inflation (PPI) this afternoon, along with...


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EUR: Stable euro heads into heavy data week

We are getting a lot of European economic data out this morning, and on Monday that continues with GDP and PMI in some European countries. However, with the ECB looking unlikely to move anywhere on interest rates for the foreseeable future, you may wonder how far the...


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