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EUR/USD declines as ECB looks set to cut interest rates by 25 bps to 3%

EUR/USD slides to near 1.0530 in Tuesday’s European session as investors turn cautious ahead of the European Central Bank (ECB) monetary policy meeting, which will be announced on Thursday.

Fxstreet

Tue, Dec 10

AUD/USD: Current price movements are likely part of a consolidation phase – UOB Group

Australian Dollar (AUD) is likely to trade in a range between 0.6400 and 0.6480.

Fxstreet

Tue, Dec 10

GBP/USD: A strong surge in momentum – UOB Group

Pound Sterling (GBP) is expected to trade in a 1.2710/1.2790 range.

Fxstreet

Tue, Dec 10

EUR: Willingness to go lower after some positioning adjustment in recent days – ING

Germany's final inflation numbers brought no change to the headline number published previously with November unchanged at 2.2% year-on-year.

Fxstreet

Tue, Dec 10

GBP/JPY rises above 193.00 due to uncertain expectations surrounding BoJ rate hike

GBP/JPY extends its gains for the second successive session, trading around 193.10 during the European hours on Tuesday.

Fxstreet

Tue, Dec 10

EUR/USD: Above 1.0610 EUR is likely to move towards 1.0650 – UOB Group

Further sideways trading in Euro (EUR) seems likely, probably between 1.0525 and 1.0585.

Fxstreet

Tue, Dec 10

Pound Sterling trades in tight range against US Dollar ahead of US inflation data

The Pound Sterling (GBP) consolidates in a tight range near 1.2750 against the US Dollar (USD) in Tuesday’s European session. The GBP/USD pair trades sideways as investors focus on the United States (US) Consumer Price Index (CPI) data for November, which will be published on Wednesday.

Fxstreet

Tue, Dec 10

Forex Today: Dovish RBA tone weighs on Aussie, attention turns to US data

Here is what you need to know on Tuesday, December 10: The Australian Dollar (AUD) stays under selling pressure early Tuesday following the Reserve Bank of Australia's (RBA) monetary policy announcements.

Fxstreet

Tue, Dec 10

EUR/GBP remains on the defensive below 0.8300 ahead of ECB rate decision

The EUR/GBP cross trades with mild gains around 0.8280 during the early European session on Tuesday.

Fxstreet

Tue, Dec 10

Germany Consumer Price Index (YoY) meets forecasts (2.2%) in November

Germany Consumer Price Index (YoY) meets forecasts (2.2%) in November

Fxstreet

Tue, Dec 10

Germany Harmonized Index of Consumer Prices (YoY) meets forecasts (2.4%) in November

Germany Harmonized Index of Consumer Prices (YoY) meets forecasts (2.4%) in November

Fxstreet

Tue, Dec 10

Germany Consumer Price Index (MoM) meets expectations (-0.2%) in November

Germany Consumer Price Index (MoM) meets expectations (-0.2%) in November

Fxstreet

Tue, Dec 10

Germany Harmonized Index of Consumer Prices (MoM) meets forecasts (-0.7%) in November

Germany Harmonized Index of Consumer Prices (MoM) meets forecasts (-0.7%) in November

Fxstreet

Tue, Dec 10

USD/CHF drops below 0.8800 on Middle East geopolitical tensions

The USD/CHF pair softens to around 0.8770 during the early European session on Tuesday.

Fxstreet

Tue, Dec 10

EUR/JPY hovers near 159.50, upside seems possible amid uncertainty regarding BoJ rate hike

EUR/JPY maintains its position around 159.50 during Tuesday's Asian session.

Fxstreet

Tue, Dec 10

USD/CAD refreshes multi-year peak, 1.4200 remains in sight on larger BoC rate cut bets

The USD/CAD pair touches a fresh high since April 2020 during the Asian session on Tuesday, though it lacks follow-through buying and remains below the 1.4200 round-figure mark.

Fxstreet

Tue, Dec 10

EUR/USD Price Forecast: Bearish outlook remains in play near 1.0550, eyes on ECB rate decision

The EUR/USD pair trades in positive territory around 1.0560 during the early European session on Tuesday.

Fxstreet

Tue, Dec 10

GBP/USD maintains position around 1.2750 amid market caution as key economic figures loom

GBP/USD remains stable for the second consecutive day, trading around 1.2750 during the Asian session on Tuesday.

Fxstreet

Tue, Dec 10

NZD/USD remains below 0.5850 following the China Trade Balance data

NZD/USD retraces its recent gains, trading around 0.5830 during Asian hours on Tuesday.

Fxstreet

Tue, Dec 10

AUD/JPY tumbles to near 96.50 as RBA leaves interest rate unchanged at 4.35%

The AUD/JPY cross weakens to near 96.55 during the Asian trading hours on Tuesday.

Fxstreet

Tue, Dec 10

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