Investors´ appetite for risk as they see the end of the central bank´s tightening cycles has pushed the Aussie to nearly five-month highs.
Blogs
ECB's Nagel: Everyone speculating on an imminent interest rate cut: be careful
In an interview with German internet portal T-Online, European Central Bank (ECB) policymaker Joachim Nagel warned markets against betting on imminent rate cuts, per Reuters.
EUR/USD to rise to 1.15 and 1.18 by the end of 2024 and 2025, respectively – BNP Paribas
The Dollar has significantly retreated from its highs. Economists at BNP Paribas analyze Greenback’s outlook against the Euro and the Yen.
GBP/JPY plunges on softer-than-anticipated UK Inflation report
The GBP/JPY pair faced a sharp sell-off after the release of the softer-than-projected United Kingdom Consumer Price Index (CPI) report for November.
Eurozone Construction Output w.d.a (YoY) dipped from previous -0.3% to -0.7% in October
Eurozone Construction Output w.d.a (YoY) dipped from previous -0.3% to -0.7% in October
Belgium Consumer Confidence Index up to 0 in December from previous -4
Belgium Consumer Confidence Index up to 0 in December from previous -4
Eurozone Construction Output s.a (MoM) down to -1% in October from previous 0.4%
Eurozone Construction Output s.a (MoM) down to -1% in October from previous 0.4%
USD/CNY: Yuan will remain under pressure – Commerzbank
The Yuan has weakened against the Dollar by over 3% year to date.
India Gold price today: Gold extends upside, according to MCX data
Gold prices rose in India on Wednesday, according to data from India's Multi Commodity Exchange (MCX).
United Kingdom DCLG House Price Index (YoY) declined to -1.2% in October from previous -0.1%
United Kingdom DCLG House Price Index (YoY) declined to -1.2% in October from previous -0.1%