News
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GBP/USD drifts lower as UK data disappoints and Fed cautious tone caps upside
The GBP/USD hovers around familiar levels yet it has dropped below the 1.3400 mark on Friday after Retail Sales in the UK missed estimates and Fed speakers crossed the wires. At the time of writing, the pair trades at around 1.3370, virtually unchanged.
Fxstreet
Fri, Dec 19
FOREX-Yen weakens across board after BOJ delivers rate hike
BOJ raises rates as expected, Ueda's speech offers few hintsYen falls broadly, hits record low against euroJapense finance minister warns of action against excessive FX movesBoE cut much closer run than market expected; sterling steadyBy Chibuike Oguh and Amanda Cooper NEW YORK/LONDON, Dec 19...Reuters
Fri, Dec 19
Russian central bank cuts key rate to 16% as Putin speaks
Key rate cut is in line with expectationsInflation expected below 6% in 2025, hit target in 2027Putin says he did not interfere in bank's decisionPhone-in shows some Russians question inflation figuresBy Elena Fabrichnaya and Gleb Bryanski MOSCOW, Dec 19 (Reuters) - The Russian central bank c...Reuters
Fri, Dec 19
EUR surrenders post-ECB gains despite hawkish undertone – Scotiabank
The Euro (EUR) failed to sustain gains following the European Central Bank (ECB) decision, even as unchanged rates and upgraded growth projections reinforced the view that the easing cycle has ended, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Fri, Dec 19
Japan finance minister warns of action against any excessive forex moves
By Makiko YamazakiTOKYO, Dec 19 (Reuters) - Japanese Finance Minister Satsuki Katayama said on Friday that Tokyo would take appropriate action to deal with any excessive currency volatility after the yen plunged despite the central bank's decision to raise interest rates. "We are alarmed as ...Reuters
Fri, Dec 19
Japan finance minister warns of action against any excessive forex moves
TOKYO, Dec 19 (Reuters) - Japanese Finance Minister Satsuki Katayama said on Friday that Tokyo would take appropriate action to deal with any excessive volatility in the foreign exchange market."We are clearly seeing one-sided, sharp moves in half a day or those few hours," Katayama told rep...Reuters
Fri, Dec 19
EUR/GBP edges higher as markets reassess BoE and ECB outlooks
The Euro (EUR) rebounds against the British Pound (GBP) on Friday, as investors reassess the monetary policy outlooks of both the Bank of England (BoE) and the European Central Bank (ECB) following their interest rate decisions on Thursday.
Fxstreet
Fri, Dec 19
FOREX-Yen edges closer to intervention zone after BOJ rate decision
BOJ raises rates as expected, Ueda's speech offers few hintsYen falls broadly, hits record low against euroEuro under pressure on lack of ECB outlookBoE cut much closer run than market expected; sterling steadyBy Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, Dec 19 (Reuters) - The yen fel...Reuters
Fri, Dec 19
FOREX-Yen edges closer to intervention zone after BOJ rate decision
BOJ raises rates as expected, Ueda's speech offers few hintsYen falls broadly, hits record low against euroEuro under pressure on lack of ECB outlookBoE cut much closer run than market expected; sterling steadyBy Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, Dec 19 (Reuters) - The yen fel...Reuters
Fri, Dec 19
Big central banks signal rate-cut cycle is ending
BoJ hikes to 30-year high, signals more Fed policymakers see one rate cut in 2026BoE follows Fed into cautious easing ECB executes 'uncertain' pause, avoids guidance By Naomi Rovnick and Alun John LONDON, Dec 19 (Reuters) - Central banks in big economies are signalling a change of stance ...Reuters
Fri, Dec 19
ANALYSIS-Yen bears emboldened by no-surprises BOJ
Investors see BOJ taking further hikes slowlyYen slides past 157 per dollarEuro/yen, Aussie/yen favoured carry betsBy Ankur Banerjee and Rae Wee SINGAPORE, Dec 19 (Reuters) - A vague outlook from Bank of Japan Governor Kazuo Ueda on Friday has given investors the nerve to add to their bets agains...Reuters
Fri, Dec 19
EUR: ECB holds rates steady for fourth meeting – OCBC
The European Central Bank (ECB) kept policy rates unchanged, reinforcing its flexible, data-dependent stance. While not committing to a hike, President Lagarde emphasized that all options remain on the table, supporting expectations that the easing cycle may have ended.Fxstreet
Fri, Dec 19
