EUR/GBP

Inflation repricing: The previous 142.40 reading was the benchmark, so the move came from how the new release changed that trend. Inflation data changes how restrictive central banks may need to stay, so rates and currencies can move quickly. For FX, that feeds rate differentials and the dollar leg.

Growth confirmation: The previous 0.7% reading was the benchmark, so the move came from how the new release changed that trend. GDP revisions can confirm or challenge the current macro regime priced into the asset. For FX, that feeds rate differentials and the dollar leg.

Inflation repricing: The previous 0.0% reading was the benchmark, so the move came from how the new release changed that trend. Inflation data changes how restrictive central banks may need to stay, so rates and currencies can move quickly. For FX, that feeds rate differentials and the dollar leg.

Inflation repricing: The previous 0.0% reading was the benchmark, so the move came from how the new release changed that trend. Inflation data changes how restrictive central banks may need to stay, so rates and currencies can move quickly. For FX, that feeds rate differentials and the dollar leg.

Central-bank path: The previous 2.40% reading was the benchmark, so the move came from how the new release changed that trend. Policy guidance directly changes expected rate spreads and the discount rate investors use for this asset. For FX, that feeds rate differentials and the dollar leg.

Central-bank path: The previous 3.75% reading was the benchmark, so the move came from how the new release changed that trend. Policy guidance directly changes expected rate spreads and the discount rate investors use for this asset. For FX, that feeds rate differentials and the dollar leg.