Two Trades to Watch

GBP/USD inches higher ahead of the non-farm payroll report. Oil rises but is set for worst weekly loss in 3-month

EUR/USD is rising post-Fed on USD weakness. USD/JPY steadies after another suspected intervention.

GBP/USD falls ahead of the Fed. USD/JPY pair extends its rebound ahead of the Fed & after Japanese manufacturing PMI data.

DAX struggles despite signs of the economy improving. FTSE rises as HSBC impresses, China manufacturing expands.

EUR/USD rises after German consumer confidence & ahead of US GDP data. FTSE rises on mining M&A news & after-earnings.

DAX rises with German IFO business sentiment data in focus. USD/JPY inches higher despite intervention threats and ahead of US durable goods orders.

FTSE rises to a record high as the GBP struggles around a 5-month low. EUR/USD looks to PMI data.

EUR/USD rises, but gains could be limited with ECB President Lagarde’s speech in focus. Oil falls as Middle East tensions ease & the demand outlook deteriorates.

DAX falls in cautious trade ahead of ECB lending survey. Oil rises as ceasefire hopes diminish, API data up next.

DAX rises as stagnation appears to be ending, GBP/USD struggles amid signs of wage growth easing.

EUR/USD rises post-Powell & ahead of the ECB minutes. Oil rises on supply concerns & an improving demand outlook.

EUR/USD looks to eurozone inflation & US services PMI data. Oil rises to a 5- 5-month high ahead of the OPEC+ meeting.

EUR/USD falls after manufacturing PMI data & ahead of German inflation figures. GBP/USD struggles at a 6-week low on USD strength.

USD/JPY rises to a 34-year high & is on intervention watch. FTSE falls despite Chinese industrial profits rising.

EUR/USD inches higher after German confidence improves modestly. Oil holds yesterday’s gains on supply concerns, API data is due.

USD/JPY holds steady amid intervention threat. Oil rises as geopolitical tensions rise.

GBP/USD falls after UK inflation cools and ahead of the Fed. EUR/USD falls ahead of the FOMC rate decision and ECB Lagarde’s speech.