20/07/2026
The British Pound strengthened on fiscal optimism before easing on profit-taking. Politics, inflation and retail sales data could drive direction this week.
The Euro gained on ECB expectations, slipped after weak industry data, then recovered. Focus shifts to ECB, German confidence and surveys.
The U.S. Dollar stayed resilient as higher for longer Fed expectations supported sentiment. Markets await policy signals and economic data for further direction.
Read the full report at https://spectrumfx.co.uk/spectrum-daily-report-433/
Economic Data This Week
Tue: UK labour data, ECB bank lending survey.
Wed: UK inflation data.
Thu: ECB interest rate decision.
Fri: UK retail sales, Eurozone PMI data, UK PMI data, US PMI data.
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