News
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EUR/USD Price Forecast: Upside momentum intact as ECB decision looms
The Euro (EUR) rebounds against the US Dollar (USD) on Wednesday after coming under pressure earlier, as a short-lived recovery in the Greenback fades. At the time of writing, EUR/USD trades near 1.1750, reversing from a daily low around 1.1703.
Fxstreet
Wed, Dec 17
US blockade likely to reduce foreign currency in Venezuela, stoke inflation
Sanctions already limit oil revenue and foreign currency supplyInflation could reach 548% by year-end, IMF estimatesMaduro appears to have support of military, allies Dec 17 (Reuters) - Foreign currency flows to Venezuela’s private sector, both in cash and cryptocurrency, could fall in the coming...Reuters
Wed, Dec 17
IMF to discuss $20 billion Argentina program on Wednesday, Bloomberg reports
Dec 17 (Reuters) - The International Monetary Fund's executive board will discuss a $20 billion program for Argentina on Wednesday during an informal session in Washington, Bloomberg News reported on Wednesday.IMF staff working on the program, which began in April, will brief board members on th...Reuters
Wed, Dec 17
GBP/USD tumbles under 1.3400 as soft CPI all but guarantees BoE easing
GBP/USD drops below 1.3400 on Wednesday as the latest inflation report in the UK dipped sharply ahead of the Bank of England’s (BoE) monetary policy decision. At the same time, the Greenback recovers some ground a headwind for Sterling.
Fxstreet
Wed, Dec 17
USD/CHF edges lower amid steady SNB stance and softer US Dollar
The Swiss Franc (CHF) regains ground against the US Dollar (USD) on Wednesday, with USD/CHF trimming earlier gains as the Greenback’s rebound loses momentum and traders digest the Swiss National Bank’s (SNB) Quarterly Bulletin for the fourth quarter.
Fxstreet
Wed, Dec 17
FOREX-Sterling weakens after UK inflation data, dollar gains ahead of central bank decisions
ECB expected to hold rates on Thursday, BoE cut fully priced Yen weakens as BOJ expected to raise rates on FridayDollar index gains, euro edges lowerBy Chibuike Oguh and Joice Alves NEW YORK/LONDON, Dec 17 (Reuters) - Sterling fell on Wednesday after an unexpected drop in UK inflation all but gua...Reuters
Wed, Dec 17
GBP/JPY Price Forecast: Pair steadies above 207.00 ahead of BoE and BoJ decisions
The British Pound (GBP) trims earlier losses against the Japanese Yen (JPY) on Wednesday after an initial sell-off triggered by softer-than-expected UK inflation data. At the time of writing, GBP/JPY is trading around 207.80, rebounding after buyers stepped in near the 207.00 psychological level.
Fxstreet
Wed, Dec 17
JPY lags G10 ahead of BoJ decision – Scotiabank
The Japanese Yen (K{U}) weakened as markets looked past solid domestic data and focused on positioning and Friday’s Bank of Japan (BoJ) meeting, where a rate hike and a more hawkish outlook are widely expected, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Dec 17
GBP: Pound slumps after soft UK CPI – Scotiabank
Pound Sterling (GBP) weakened sharply against the US Dollar (USD) after softer-than-expected inflation reinforced expectations of a Bank of England (BoE) rate cut and a more dovish policy path into 2026, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Wed, Dec 17
Euro softens as US Dollar strengthens – Scotiabank
The Euro (EUR) is soft, down 0.2% against the US Dollar (USD) while outperforming most of the G10 currencies in an environment of broad-based USD strength as we head into Wednesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Wed, Dec 17
USD/CAD edges lower amid year-end CAD trends – Scotiabank
USD/CAD notched up a slightly lower low in the current down cycle yesterday and while the CAD is a little softer this morning, it is still bucking its usual trend of seasonal ambivalence in December, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Dec 17
EUR/GBP higher on soft UK CPI and stable Eurozone inflation
The Euro (EUR) strengthens against the British Pound (GBP) on Wednesday, as softer-than-expected UK inflation data weigh on Sterling, while stable Eurozone inflation leaves the Euro relatively supported. At the time of writing, EUR/GBP is trading around 0.8785, reversing the previous day’s losses.
Fxstreet
Wed, Dec 17
FOREX-Sterling slides as inflation cements BoE cut expectations, dollar up before US inflation
ECB expected to hold rates on Thursday, BOE cut fully priced BOJ expected to raise rates on FridayDollar wobbles as policy path for 2026 remains murkyBy Joice Alves LONDON, Dec 17 (Reuters) - Sterling slid on Wednesday after British inflation unexpectedly fell sharply, a day before the Bank of En...Reuters
Wed, Dec 17
Chile's economy to expand 2.4% this year, central bank says
SANTIAGO, Dec 17 (Reuters) - Chile's gross domestic product (GDP) is expected to grow 2.4% this year, the local central bank said on Wednesday, compared to a prior forecast of between 2.25% to 2.75%.The bank raised its estimate for economic growth next year to 2% to 3%, from a prior range of 1.7...Reuters
Wed, Dec 17
EUR supported by German fiscal stimulus and diversification flows – Rabobank
The Euro (EUR) has benefited from Germany’s fiscal loosening and diversification flows, but stronger US growth projections and resilient consumer spending suggest EUR/USD may remain range-bound in 2026 rather than extending a major rally, Rabobank's FX analyst Jane Foley reports.Fxstreet
Wed, Dec 17
