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Mexico central bank cuts interest rate as its raises inflation forecasts
Dec 18 (Reuters) - The Bank of Mexico lowered its benchmark interest rate by 25 basis points on Thursday, signaling confidence that inflation is still on track to return to target by late next year despite an increase in near-term inflation risks.The reduction, which was widely expected by analysts,...Reuters
Thu, Dec 18
FOREX-Dollar falls versus yen after smaller-than-expected rise in US inflation, euro eases
US inflation data increase less than expectedTrump says next Fed chair to favour lower rates 'by a lot'BoE cuts rates in tight 5-4 vote, ECB holds rates steadyMarkets look for catalysts from key central bank decisions By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON, Dec 18 (Reuters) - T...Reuters
Thu, Dec 18
Banxico reduced rates from 7.25% to 7% as widely expected
The Bank of Mexico — known as Banxico —, reduced rates by 25 basis points as expected at the December meeting with a 4-1 vote split, as Deputy Governor Jonathan Heat continues to dissent in the board, as he wanted to keep the main reference rate unchanged.
Fxstreet
Thu, Dec 18
Bank of Mexico lowers benchmark interest rate to 7.00%
Dec 18 (Reuters) - The Bank of Mexico lowered its benchmark interest rate by 25 basis points on Thursday, bringing the rate to 7.00%.The decision by the central bank's five-member governing board was not unanimous, the bank said in a statement, with Deputy Governor Jonathan Heath voting to hold ...Reuters
Thu, Dec 18
CANADA FX DEBT-Canadian dollar edges higher ahead of retail sales data
Canadian dollar gains 0.1% against the greenbackTrades in a range of 1.3757 to 1.3796Price of oil increaes 0.9%Bond yields ease across the curveBy Fergal Smith TORONTO, Dec 18 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Thursday but the move was limited ahead of d...Reuters
Thu, Dec 18
USD/CAD rebounds slightly as US Dollar steadies after CPI miss
The Canadian Dollar (CAD) pares some of its earlier gains against the US Dollar (USD) on Thursday as the Greenback stabilises after a brief bout of weakness following its initial reaction to softer-than-expected US inflation data.
Fxstreet
Thu, Dec 18
Bank of England cuts rates after tight vote but signals caution over further moves
BoE cuts benchmark rate by 25 basis points to 3.75% Central bank says future decisions will be closer callsBoE's Bailey expects inflation back near 2% by May 2026 Sterling rises, gilt yields increase after BoE decisionEconomists see limited rate cuts in 2026 as economy weakensBy William Schomber...Reuters
Thu, Dec 18
Big central banks tilt towards hiking mode as inflation nerves rise
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 18 (Reuters) - Central banks in big economies are signalling a change of stance, with many now on hold after a long easi...Reuters
Thu, Dec 18
EUR: ECB holds rates, EUR rebounds on forecast upgrade – TDS
The European Central Bank (ECB) left policy unchanged as expected, but upward revisions to growth and inflation forecasts triggered a reversal of pre-decision EUR weakness, even as enthusiasm around late-2026 rate hikes remains tentative, TDS' economists report.
Fxstreet
Thu, Dec 18
GBP/USD firm as soft CPI pressures Dollar, BoE stance supports Sterling
GBP/USD surges during Thursday’s North American session as following the release of a benign US inflation report and a “hawkish” rate cut by the Bank of England (BoE). The pair trades at 1.3410 up 0.28% after reaching a daily low of 1.3340.
Fxstreet
Thu, Dec 18
FOREX-Dollar falls versus peers after smaller-than-expected rise in US inflation
US inflation data increase less than expectedTrump says next Fed chair to favour lower rates 'by a lot'BoE cuts rates in tight 5-4 voteECB holds rates steadyMarkets look for catalysts from key central bank decisions By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON, Dec 18 (Reuters) - The...Reuters
Thu, Dec 18
EUR/JPY weakens as ECB holds rates and BoJ hike bets support the Yen
The Euro (EUR) trades on the back foot against the Japanese Yen (JPY) on Thursday, as the European Central Bank’s (ECB) decision to keep interest rates unchanged failed to weaken the Yen, which remains supported by firm expectations of a Bank of Japan (BoJ) rate hike on Friday.
Fxstreet
Thu, Dec 18
FOREX-Dollar falls after smaller-than-expected rise in U.S. inflation, euro edges higher after ECB decision
US inflation data increase less than expectedTrump says next Fed chair to favour lower rates 'by a lot'BoE cuts rates in tight 5-4 voteECB holds rates steadyMarkets look for catalysts from key central bank decisions By Chibuike Oguh and Samuel IndykNEW YORK/LONDON, Dec 18 (Reuters) - The dol...Reuters
Thu, Dec 18
EUR/USD rebounds as ECB holds rates and US inflation cools
The Euro (EUR) regains ground against the US Dollar (USD) on Thursday after the European Central Bank (ECB) kept its three key policy rates unchanged. At the time of writing, EUR/USD trades around 1.1756, reversing higher after dipping to an intraday low near 1.1712.Fxstreet
Thu, Dec 18
Sterling, gilt yields rise after BoE cuts rates in tight vote
BoE cuts rates to 3.75% in tight 5-4 voteGovernor Bailey supports rate cut, shifting MPC balanceSterling rises, bond yields increase post-BoE decisionBy Samuel Indyk LONDON, Dec 18 (Reuters) - The British pound reversed an earlier fall and gilt yields turned higher even though the Bank of England...Reuters
Thu, Dec 18
GBP/CAD firms as BoE delivers a cautious rate cut
The British Pound (GBP) edges higher against the Canadian Dollar (CAD) on Wednesday, reversing earlier losses as markets digest the Bank of England’s (BoE) latest monetary policy decision. At the time of writing, GBP/CAD trades near 1.8478, rebounding from a daily low around 1.8384.
Fxstreet
Thu, Dec 18
FOREX-Dollar firms as markets await ECB, BoJ rate announcements, pound higher after BoE
Markets look for catalysts from key central bank decisions BoE cuts rates in tight 5-4 voteTrump says next Fed chair to favour lower rates 'by a lot'By Rocky Swift and Samuel Indyk LONDON, Dec 18 (Reuters) - The dollar inched higher against its major counterparts on Thursday as markets aw...Reuters
Thu, Dec 18
RPT-Bank of England lowers rates after tight vote but signals caution about further cuts
LONDON, Dec 18 (Reuters) - The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering borrowing costs might slow further. After a sharp drop in inflation in data this week and a new forecast from BoE staff that gr...Reuters
Thu, Dec 18
GBP/JPY nudges higher after BoE cut, BoJ decision in focus
The British Pound (GBP) strengthens against the Japanese Yen (JPY) on Thursday in the initial reaction to the Bank of England’s (BoE) monetary policy announcement. At the time of writing, GBP/JPY trades around 208.40, edging modestly higher after finding support near an intraday low of 207.87.
Fxstreet
Thu, Dec 18
