Pippo

The major assets were all over the place as traders priced in their Fed rate cut biases, U.S. political updates, and top-tier U.K. and U.S. reports.

A hotter-than-expected core inflation reading sent the U.S. dollar higher, but risk appetite soon took over and limited the Greenback’s gains.

The latest U.K. economic activity update reveals a stagnant picture for July 2024, with flat GDP growth and mixed performance across sectors

What exactly are the markets expecting from President Lagarde and her team and how might EUR react to the event?

With not a lot of fresh catalysts to consider, the markets are positioning themselves ahead of anticipated data releases on Wednesday and Thursday.

The latest U.K. employment situation update revealed a mixed picture, with signs of cooling in the labour market but continued wage pressures.

Pullbacks from last week’s moves and positioning ahead of this week’s catalysts got traders pushing the major assets all over the charts.

Expectations are already running high for a September Fed rate cut, but can the upcoming CPI release determine how large the reduction could be? Here’s what market analysts are projecting.

Brace yourselves for another exciting trading week, forex fellas! We’ve got no less than top-tier U.S. inflation reports and a central bank decision, plus U.K. jobs figures to boot.

The U.K. could see better jobs numbers in August! Which data points should you focus on, and how may the pound react to this week’s release?