The EUR/USD rallies in the North American session as the European Central Bank (ECB) kept rates unchanged and pushed back against easing monetary policy next year.
Blogs
United States 4-Week Bill Auction down to 5.27% from previous 5.285%
United States 4-Week Bill Auction down to 5.27% from previous 5.285%
GBP/USD rallies, nearing 1.2755 post-BoE decision, highest peak since August
In Thursday's session, the GBP/USD pair surged after the Bank of England's (BoE) recent decision and jumped to its highest point since August at around 1.2755.
USD/CAD: A relatively flat path – Rabobank
USD/CAD traded up to a high of 1.3899 on November 1. Despite the decline since those highs, Loonie was the second-worst performing currency in G10 FX, only underperforming USD.
United States EIA Natural Gas Storage Change came in at -55B, below expectations (-54B) in December 8
United States EIA Natural Gas Storage Change came in at -55B, below expectations (-54B) in December 8
JPY has the greatest scope to outperform within G10 next year – MUFG
Economists at MUFG Bank expect the Japanese Yen to enjoy considerable gains next year.
United States Business Inventories below forecasts (0%) in October: Actual (-0.1%)
United States Business Inventories below forecasts (0%) in October: Actual (-0.1%)
GBP/USD seen at 1.30 by end-2024 – Rabobank
Economists at Rabobank have revised up our forecasts for GBP against the USD and the EUR.
USD/MXN: Most roads lead to a stable to stronger Peso – ING
Banxico meets today. Economists at ING analyze Mexican Peso’s outlook ahead of the Interest Rate Decision.