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USD/CHF climbs to one-week high as traders brace for Fed and SNB rate decisions
The Swiss Franc (CHF) trades on the back foot against the US Dollar (USD) on Monday as markets reposition ahead of this week’s key monetary policy decisions from the Federal Reserve (Fed) and the Swiss National Bank (SNB).
Fxstreet
Mon, Dec 8
POLL-Egypt inflation expected to have risen to 13.1% in November
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=EGCPY%3DECI poll data CAIRO, Dec 8 (Reuters) - Egypt's headline inflation is expected to have climbed for a second month in November to an annual 13.1%, as tobacco, alcohol and transport prices rose, a Reuters poll found. T...Reuters
Mon, Dec 8
AUD/USD stabilizes as RBA outlook shifts, Fed decision approaches
AUD/USD trades steadily around 0.6640 at the time of writing on Monday, after a four-day rally that pushed the pair to two-month highs. The consolidation comes as investors turn cautious ahead of Tuesday’s Reserve Bank of Australia (RBA) decision and Wednesday’s Federal Reserve (Fed) announcement.Fxstreet
Mon, Dec 8
USD/CAD extends slide as steady BoC expectations clash with Fed easing bets
The Canadian Dollar (CAD) edges higher against the US Dollar (USD) on Monday, extending gains as investors continue to favour the Loonie on diverging expectations for the Bank of Canada (BoC) and the Federal Reserve (Fed).
Fxstreet
Mon, Dec 8
FOREX-Dollar ebbs as investors gear up for tricky Fed decision
'Hawkish cut' expected for FedRates seen on hold in Australia, Canada, Switzerland and BrazilAussie dollar hits 2-1/2-month high as hike swings into viewEuro rises; ECB official says next move may even be a hikeBy Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, Dec 8 (Reuters) - The dol...Reuters
Mon, Dec 8
USD/JPY rises to 155.45 amid BOJ rate hike bets – BBH
USD/JPY climbs as markets price in a 25bps Bank of Japan (BOJ) hike on December 19, supported by fiscal stimulus and upside risks to Japanese wage growth, though fair value suggests a longer-term move toward 140, BBH FX analysts report.Fxstreet
Mon, Dec 8
Sterling ticks lower as traders brace for busy week
LONDON, Dec 8 (Reuters) - The pound dipped on Monday, although volatility remained contained, as investors prepared for an action-packed week that, among other things, could bring a U.S. rate cut. Sterling GBP=D3 climbed to six-week highs last week, helped by relief that finance minister Rachel Reev...Reuters
Mon, Dec 8
USD/JPY Price Forecast: Dollar bulls test resistance at 155.50
The US Dollar extends gains for the second consecutive day against the Yen on Monday, and tests December’s highs, at the 155.50 area, as the safe-haven Japanese Yen loses ground against its main peers in an otherwise calm trading session.Monetary policy expectations remain the primary market mover wFxstreet
Mon, Dec 8
Iran's currency sinks to a new record low
DUBAI, Dec 8 (Reuters) - Iran's currency slipped to the lowest level in its history on Monday, nearing 1,250,000 rial to the U.S. dollar on the open rate market, various outlets including the semi-official Tasnim news agency reported. The Iranian rial stood around 55,000 to the U.S. dollar in 20...Reuters
Mon, Dec 8
USD/JPY: Likely to trade in a range between 154.80 and 155.80 – UOB Group
US Dollar (USD) is likely to trade in a range between 154.80 and 155.80. In the longer run, for a sustained decline, USD must first close below 154.65, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Dec 8
ECB must be vigilant about some upside risks to inflation, Kazimir says
No reason to change policy for monthsExchange rate pass through may be smaller than thoughtProjected undershooting in 2026 not a worryNo point in trying to overengineer policyBy Balazs Koranyi FRANKFURT, Dec 8 (Reuters) - The European Central Bank has no reason to change interest rates for months...Reuters
Mon, Dec 8
RPT-ROI-As Fed meets, elusive r-star still packs a punch: Mike Dolan
By Mike Dolan LONDON, Dec 8 (Reuters) - If we don't know where interest rates should be in an ideal world, how can we judge what today's borrowing costs are doing to a hyper-complex economy? That's at the heart of the problem facing the Federal Reserve this week and throughout 2026 - ...Reuters
Mon, Dec 8
