Dudley and the services PMI hit the dollar hard, and we finally saw EUR/USD surging. Another rate hike in 2016 seems somewhat distant and this could imply further falls. But, perhaps the NFP can save the day for the dollar? In the meantime, the BOE’s rate decision, meeting minutes and Quarterly Inflation Report all form Super Thursday.
Wrap up of the morning show after the big dollar sell off, which actually continues: