DAX and FTSE Struggle as Hawkish Fed Chorus Sets Stage for Fed Chair Powell

The indices struggled in early European trade weighed down by a combination of factors, most notably European and UK energy prices while hawkish US Fed members added to the market’s woes.

from DailyFX – Market News https://bit.ly/3CzDubk
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British Pound Forecast: GBP/USD Agenda Dominated by the U.S.

The pound faces several fundamental headwinds as the Fed’s hawkish outlook gains traction. GBP could be under significant pressure if Jackson Hole unfolds as expected.

from DailyFX – Market News https://bit.ly/3ALy7V4
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