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Euro eyes jumbo ECB rate hike; pound awaits Truss’ energy plan

Euro eyes jumbo ECB rate hike; pound awaits Truss’ energy plan

Global Market Insights - Forex, Futures, Stocks

September 8, 20224m 44s

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Softer dollar bolsters euro as ECB anticipated to frontload rate hikes. But pound remains pressured amid angst about Truss’ energy bailout. Aussie dips after RBA’s Lowe makes dovish tilt; loonie firmer after BoC. Wall Street in surprise bounce back as yields and oil prices take a plunge.

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