News
Important Only
Pound Sterling trades broadly firm as markets expect BoE to leave rates unchanged next week
The Pound Sterling (GBP) consolidates against its major peers on Thursday, but the British currency remains firm against its major counterparts due to expectations that the Bank of England (BoE) will follow a more gradual policy-easing cycle compared with other central banks in Europe and North America.
Fxstreet
Dec 12, 2024
USD/CHF advances to near 0.8900 as SNB unexpectedly cuts interest rates by 50 bps
The USD/CHF pair surges to a fresh two-week high near 0.8900 as Swiss France (CHF) dives after the Swiss National Bank (SNB) surprisingly reduces its key borrowing rates by 50 basis points (bps) to 0.5%.
Fxstreet
Dec 12, 2024
Forex Today: ECB and SNB rate decision, US data to keep action going
Here is what you need to know on Thursday, December 12: The European Central Bank (ECB) and the Swiss National Bank (SNB) will announce monetary policy decisions following the last policy meeting of the year on Thursday.Fxstreet
Dec 12, 2024
Japanese Yen trims part of its weekly losses against USD; upside potential seems limited
The Japanese Yen (JPY) gains some positive traction during the Asian session on Thursday, with the USD/JPY pair snapping a three-day winning streak to a two-week high touched the previous day.
Fxstreet
Dec 12, 2024
