 Dollar strength and European weakness is currently the main theme in the markets this week so far. The greenback shrugs off strong risk-on sentiment, as reflected in another day of record closes in major US indexes, with strong momentum against Euro and Swiss Franc. A lineup of Fed officials today will provide commentary that could shed light on the central bank’s stance as markets look for cues about its policy easing pace moving forward. However, the most anticipated event remains tomorrow’s US CPI release. While another 25bps cut is widely expected in December to round up the year, the outlook for rate reduction in 2025 remains highly uncertain. Meanwhile, Sterling is also on the verge of breaking to new low against the greenback. Focuses is now on UK job data today, with attention particular on wages growth. Euro will also look into ZEW economic sentiment, which might reveal some reactions to US elections.... | 
