Podcasts

The US Dollar showed a mixed performance following weak retail sales data, which has led to revised GDP estimates and speculation of three interest rate cuts this year. Tomorrow’s employment numbers, including payroll additions and an annual jobs count revision, are key to watch. The British Pound is under pressure due to political uncertainty surrounding Keir Starmer, while the Norwegian Krone is the G10’s top performer after a stronger-than-expected inflation report, reducing the likelihood of early rate cuts.