MarketPulse

The Bank of England may be much closer to cutting interest rates than it admitted last week when three policymakers thought it still appropriate to hike again.Inflation data from the UK this morning...

UK inflation falls to 3.9%, lower than expected British pound declines The British pound has declined on Wednesday. In the European session, GBP/USD is trading at 1.2658, down 0.58%.UK Inflation...

German PPI eases to 7.9% German GfK Consumer Confidence index improves slightly The euro has dropped in Wednesday’s trade. In the European session, EUR/USD is trading at 1.0939, down...

BoJ makes no changes to policy or guidance Yen down over 1% The Japanese yen is sharply lower on Tuesday. In the European session, USD/JPY is trading at 144.42, up 1.15%. The yen surged 1.95% last...

Better economic prospects buoy oil Downside risks remain as central bankers push back Brent testing key resistance Oil prices are recovering a little but remain broadly under pressure after falling...

BoJ to make rate announcement on Tuesday Fed’s Williams says no rate cuts planned The Japanese yen is lower at the start of the week. In the European session, USD/JPY is trading at 142.77, up...

German business confidence weaker than expected The euro has started the week in positive territory on Monday. In the European session, EUR/USD is trading at 1.0914, up 0.18%. It was a week of sharp...

UK Services PMI accelerates, Manufacturing PMI declines Bailey’s dampens rate cut expectations The British pound is steady on Friday, after posting gains of 1.1% a day earlier. In the European...

Eurozone, German Service PMI ease in December Euro snaps four-day rally The euro has snapped a four-day winning streak on Friday. In the European session, EUR/USD is trading at 1.0949, down 0.38%. The...

China industrial production and retail sales accelerate Australian dollar extends gains The Australian dollar has extended its gains on Friday. In the European session, AUD/USD is trading at 0.6713,...

Australian dollar powers higher Australian job growth beats expectations Fed’s Powell projects three rate cuts in 2024 The Australian dollar continues to head higher this week. In...

ECB expected to hold rates Fed’s Powell signals rate cuts in 2024 The euro has extended its gains in Thursday trading. In the European session, EUR/USD is trading at 1.0925, up 0.45%. It has...

Fed signals three rate cuts in 2024 ECB and BoE to announce decisions shortly Dow hits record highs after the Fed The most hotly anticipated central bank meeting of the year did not disappoint on...

Bank of England expected to pause Federal Reserve projects three rate cuts in 2024 The British pound continues to move higher on Thursday. In the European session, GBP/USD is trading at 1.2648, up...

UK economy shrinks 0.3% in October Markets price in three rate cuts from the BoE next year EUR/GBP spikes ahead of BoE and ECB announcements tomorrow The UK economy got the fourth quarter off to a bad...

Fed expected to leave interest rates unchanged Forecasts and dot plot key as markets price in four rate cuts next year EUR/USD hovers around 50 Fib The final Fed meeting of the year could also be the...