Author: FX

Dec. 18, 2025 11:50 PM ETEuro / US Dollar (EUR:USD), GF, EWG, FXB, DAX, EWU, EWI, EWQ, FKU, FGM, GREK, EWUS, FLGB, FLGR, USD:EURBy: Manshi Mamtora, CFAdem10/iStock via Getty ImagesThe European Central Bank said on Thursday that it has completed the preparatory work on the digital Euro, pending approval from EU lawmakers. “We have done our work, we have carried the water, but it’s now for the European Council and certainly Source link

Instant View: Investors react to BOJ’s decision to hike rates Source link

The European Central Bank (ECB) kept its deposit rate unchanged at 2.00% on Thursday for a fourth consecutive meeting, maintaining its pause in the easing cycle that saw eight rate cuts between June 2024 and June 2025. The unanimous decision came as the ECB upgraded its economic growth forecasts and projected inflation to stabilize around the 2% target through 2028, reinforcing market expectations that further rate cuts are off the table for the foreseeable future. Key Takeaways ECB held all three key rates unchanged: deposit rate at 2.00%, main refinancing at 2.15%, marginal lending at 2.40% Decision was unanimous, marking…

The Bank of England (BOE) cut its Bank Rate by 25 basis points to 3.75% at its December meeting, delivering the sixth rate reduction since August 2024. However, the decision proved far more contentious than markets anticipated, with the Monetary Policy Committee voting 5-4 in favor of the cut, revealing deep divisions about the path ahead for UK monetary policy. Governor Andrew Bailey, who cast the deciding vote after sitting on the fence in November, emphasized that “we still think rates are on a gradual path downward, but with every cut we make, how much further we go becomes a…

U.S. headline CPI eased from 3.0% to 2.7% year-on-year in November versus expectations of an uptick to 3.1%. However, analysts took the numbers with a grain of salt since the Bureau of Labor Statistics (BLS) did not collect any data from October due to the government shutdown. Key Takeaways Headline CPI rose 2.7% year-over-year in November, down from 3.0% in September Core CPI (excluding food and energy) increased 2.6% annually, while the two-month change from September showed a 0.2% rise October data missing due to government appropriations lapse, creating a gap in month-over-month comparisons Shelter costs rose just 0.2% over…

The VIDYA MT4 Indicator tackles this problem by adjusting itself according to market volatility, offering a dynamic approach to trend detection. Unlike fixed moving averages, VIDYA adapts to changing conditions, helping traders see the true market direction more clearly. Using this indicator, traders can make smarter entry and exit decisions with confidence. Understanding the VIDYA MT4 Indicator The VIDYA (Variable Index Dynamic Average) MT4 Indicator is a specialized moving average designed to adapt to market volatility. Unlike standard moving averages, VIDYA changes its sensitivity based on market conditions, making it highly responsive during trends and more stable during sideways movements.…

Australia Private Sector Credit for November 2025: +0.6% m/mexpected +0.6%, prior +0.7% Summary Credit growth matched expectations in November Lending remains steady, as do rates for now Limited implications for RBA policyAustralia’s private sector credit growth held steady in November, offering little in the way of fresh signals for monetary policy but reinforcing the view of a cautiously expanding credit environment.Data published by the Reserve Bank of Australia showed private sector credit rose 0.6% month-on-month in November, in line with market expectations and only marginally softer than the 0.7% increase recorded in October. The result points to stable borrowing conditions…

Japan’s National Consumer Price Index (CPI) rose by 2.9% YoY in November, compared to the previous reading of 3.0%, according to the latest data released by the Japan Statistics Bureau on Friday.Further details unveil that the National CPI ex Fresh food arrived at 3.0% YoY in November versus 3.0% prior. The figure came in line with the market consensus.CPI ex Fresh Food, Energy rose 3.0% YoY in November, compared to the previous reading of 3.1%.Market reaction to Japan’s National CPI dataFollowing Japan’s CPI inflation data, the USD/JPY pair is down 0.06% on the day at 155.61. Japanese Yen FAQs The Japanese Yen (JPY) is one of…

The U.S. dollar experienced mostly choppy and mixed trading on Thursday, posting a slightly bullish lean during Asian hours before turning decisively lower through London and US sessions, ultimately closing as a net loser against most major currencies. During the Asian session, the dollar traded with an arguably net bullish lean, possibly reflecting cautious positioning ahead of the day’s heavy calendar of central bank decisions and US inflation data. New Zealand’s stronger-than-expected GDP data (1.1% q/q versus 0.8% forecast) provided early support to the kiwi, though markets appeared unconvinced about the durability of the recovery given household consumption remained soft.…

The global metals market is witnessing a significant divergence as structural demand fuels a bullish outlook for gold and copper, while cyclical headwinds pressure industrial materials. Goldman Sachs has doubled down on its “long gold” conviction, projecting a double-digit rally by 2026.Gold’s $4,900 Target: Goldman Sachs has identified a 14% upside risk for gold, forecasting prices to hit $4,900/oz by December 2026, driven by central bank demand and its role as a strategic reserve.Copper vs. Aluminum: The bank maintains a $15,000/ton target for copper by 2035, recommending a “long copper / short aluminum” pair trade to capitalize on the widening…