Euro No AI Hedge, But European Equities Are: Citi

Photographer: Alain ROLLAND. Copyright: © European Union 2025 - Source: EP.The euro is set to stay under pressure against the dollar while investors use European stocks, and not the single currency, to hedge a US-led AI correction.The euro fell to a fresh 2026 low against the dollar on Wednesday, while European stocks hold up as a hedge against the AI…

GBP/USD Under Pressure as Hot U.S. Inflation Puts Bumper Fed Hike in Play

Above: File image of Governor Waller. Image: Federal Reserve.The dollar's advance against the pound can extend if Fed officials follow Governor Waller in treating a third hot inflation reading as grounds for a larger December hike.The dollar is advancing against the pound after U.S. inflation came in hotter than expected for a third consecutive month, putting a December Federal Reserve…

Sterling today: Pound edges lower as Fed hike bets, hot CPI buoy dollar

Investing.com -- Sterling traded lower on Wednesday while the euro also slipped, as hot U.S. inflation and hawkish Federal Reserve comments pushed the dollar toward this year's highs. Our AI stock portfolio is beating the S&P 500 by 118%. Discover the stocks we're buying and the opportunities we're watching next. Exclusive for Yahoo! Finance readers: 55% off for Black Friday,…

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