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- Euro falls further as downbeat US jobless claims further sour weak post-Fed sentiment
- Dollar rallies across the board on Fed’s hawkish shift
- Fed is expected to stay on hold but to signal start of monetary policy shift
- British inflation rises above Bank of England’s target in May
- US retail sales drop in May as spending shifts from goods to services
- EURGBP rises as delay of an end of Covid restrictions and Brexit tensions weigh on pound
- Lira lost traction after thick daily cloud stopped rise; Fed and CBRT policy meetings in focus
- Sterling remains in red, weighed by expectations for delay in lifting Covid restrictions
- Dollar holds firm tone ahead of Fed policy meeting which would provide clearer direction signal
- Gold extends weakness as dollar rises ahead of Fed