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EUR/USD tests key multi-month resistance – Société Générale
EUR/USD has extended its rebound after breaking a short-term downtrend, but is now stalling near major resistance around 1.18, where near-term consolidation may decide whether a larger bullish trend unfolds, Société Générale's FX analysts note.
Fxstreet
Thu, Dec 18
EUR/USD steadies with all eyes on the ECB monetary policy decision
EUR/USD posts marginal losses on Thursday, trading near 1.1730 at the time of writing, after bouncing from lows near 1.1700 the previous day. The pair has found some balance halfway through the weekly range after whipsawing earlier in the week.Fxstreet
Thu, Dec 18
EUR: ECB meeting takes center stage for FX – ING
Markets are focused on whether the European Central Bank’s (ECB) recent hawkish shift is confirmed by updated forecasts and rhetoric, with inflation projections the main risk and scope for a short-term dip in EUR/USD despite supportive year-end option dynamics, ING's FX analyst Chris Turner notes.Fxstreet
Thu, Dec 18
EUR holds near highs ahead of ECB decision – OCBC
Euro (EUR) consolidated near recent highs. Focus today on European Central Bank (ECB) decision. Policy rate is widely anticipated to be on hold but attention is on staff projection. Recent comments from ECB officials were somewhat more upbeat about economy – from growth to labor market.Fxstreet
Thu, Dec 18
GBP: BoE set to cut as Sterling positioning stretches – ING
The Bank of England is widely expected to cut rates by 25bp today, with rising odds of a dovish vote split after weaker November inflation data. This points to near-term downside risks for sterling, ING's FX analyst Chris Turner notes.Fxstreet
Thu, Dec 18
Sterling steady before expected BoE rate cut
BoE expected to cut rates due to inflation slowdownSterling steady before BoE decision, slight drop against euroSome predict further rate cuts through 2026By Samuel Indyk LONDON, Dec 18 (Reuters) - The British pound was steady on Thursday before the Bank of England's latest policy decision, w...Reuters
Thu, Dec 18
NZD/USD falls to near 0.5750 ahead of US CPI data
NZD/USD extends its losses for the second successive session, trading around 0.5760 during the early European hours on Thursday. The pair weakens as the New Zealand Dollar (NZD) comes under pressure, even after data revealed stronger-than-expected economic growth.
Fxstreet
Thu, Dec 18
FOREX-Dollar broadly firm as markets brace for central bank decisions
Markets look for catalysts from key central bank decisionsSurprise weakness in UK inflation firms case for BOE rate cutTrump says next Fed chair to favour lower rates 'by a lot'By Rocky Swift TOKYO, Dec 18 (Reuters) - The dollar held gains against its major counterparts on Thursday as mar...Reuters
Thu, Dec 18
EUR/GBP gathers strength above 0.8750, all eyes on ECB and BoE rate decicions
The EUR/GBP cross gathers strength to near 0.8785 during the early European session on Thursday. The Pound Sterling (GBP) weakens against the Euro (EUR) on softer-than-expected UK inflation data and firming Bank of England (BoE) rate cut bets.
Fxstreet
Thu, Dec 18
USD/CHF consolidates around 0.7950 as investors await US inflation data
The USD/CHF pair trades in a tight range around 0.7950 during the late Asian trading session on Thursday. The Swiss Franc pair wobbles as investors await the United States (US) inflation data for November, which will be published at 13:30 GMT.
Fxstreet
Thu, Dec 18
EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias
EUR/USD remains flat after two days of small losses, trading around 1.1740 during the Asian hours on Thursday. On the daily chart, technical analysis indicates a strengthening of a bullish bias, as the pair continues to trade within an ascending channel pattern.Fxstreet
Thu, Dec 18
USD/INR opens flat on hopes of RBI’s follow-through intervention
The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Thursday, with the USD/INR pair wobbling around 90.80. Investors anticipated a flat opening amid expectations that the Reserve Bank of India (RBI) could intervene again to support the Indian Rupee.Fxstreet
Thu, Dec 18
AUD/JPY Price Forecast: Edges lower below 103.00, but stays supported above 100-day EMA
The AUD/JPY cross declines to around 102.70 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid firming expectations for an imminent rate hike by the Bank of Japan (BoJ) this week.
Fxstreet
Thu, Dec 18
Dollar broadly firm as markets brace for central bank decisions
Markets look for catalysts from key central bank decisionsSurprise weakness in UK inflation firms case for BOE rate cutTrump says next Fed chair to favour lower rates 'by a lot'By Rocky Swift TOKYO, Dec 18 (Reuters) - The dollar held gains against its major counterparts on Thursday as mar...Reuters
Thu, Dec 18
