Reuters poll: BoE likely holds 3.75% June 18; inflation peaks 3.6%, growth 1%, guidance watched.
Sterling slipped as UK GDP contracted, but improved risk appetite kept GBP/USD near 1.3410. Volatility eyed.
Sterling dipped after UK GDP fell 0.1%, while strong US data kept dollar firm; GBP/USD stayed bearish.
Vance rejects upfront Iran cash; performance-based deal pressures DXY to 99.70, while oil hedges gain appeal.
Pound consolidates near 1.3400 as UK data, BoE decision and by-election could spur volatility, range breakouts.
EUR/GBP steadied as weak UK GDP and sticky inflation contrast with hawkish ECB, boosting euro outlook.
Risk-on hopes from US-Iran de-escalation lifted CEE currencies; zloty, forint rebounded as policy divergence persists.
Michigan survey shows one-year inflation expectations fell to 4.6%, easing Fed hike odds and boosting equities.
Consumers’ five-year inflation expectations fell to 3.4% in June, boosting dovish Fed hopes and trades.
Michigan consumer expectations jumped to 49.3 in June, beating forecasts, bolstering spending outlook and higher-rate bets.
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