Page 3 - Sentiment Data News Today

GBP prices are on offer as risk aversion gains traction across FX markets. Fed Chair Powell will be watched later today for any insights into monetary policy going forward.

GBP prices saw little reaction post-CPI as data came in mostly in line with expectations as geopolitics take hold of global markets.

The Yen experienced a brief period of strength on news the BoJ is expected to upgrade their inflation forecasts. How much longer can the BoJ threaten FX Intervention before the message loses effectiveness?

USD/CAD on course to snap a four-day losing streak ahead of US inflation data. Will US Inflation provide fresh impetus for the DXY with another increase or is a drop on the cards?

US inflation data backed up the Fed rhetoric of higher for longer but a potential rate hike at the November meeting remains a mystery. In the words of Policymakers more data will be needed to gauge progress ahead of next month's FOMC meeting.

USD/JPY Struggles for conviction ahead of the Fed Minutes release and US CPI tomorrow. The GBP has found legs on the back of hawkish comments from MPC member Katherine Mann. A return to the YTD High on the cards?

The pound trades on the backfoot as safe haven demand sees the USD bid as tensions in the Middle East rise. UK GDP and US CPI inf focus later this week.

USD/JPY Continues to edge lower as last week's bond buying spree from the BoJ appears to have run its course. Are we finally in for a retracement?

The pound weakened against the USD after US Treasury yields rallied coupled with some hawkish Fed speak which will continue today.

GBP prices strengthened against the USD on the back of UK GDP numbers as well as dovish Fed talk which left the US dollar trading lower this morning.