EURO Bulls received fresh impetus yesterday following news that the ECB may upgrade the forecast for 2024 inflation to above 3%. The result has seen rate hike expectation hawkishly repriced ahead of the US CPI release.
Gold starts the week on the front foot as the Dollar Index takes a breath. Will the idea of a 'soft landing' and a drop in US inflation help Gold bulls facilitate a renewed push toward the psychological $2000/oz mark?
Gbp/Usd With Modest Gains But Remains At The Mercy Of The Dxy menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Cable puts in modest gains to start the week buoyed by a weaker Dollar Index (DXY). Will Central Bankers at Jackson Hole provide a catalyst for a breakout?
Eur/Gbp, Gbp/Usd Update: Gbp Slides As Uk Retail Sales Disappoints menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.