December 17, 2025 11:59 am
The GBP/SEK currency pair edged lower on Wednesday following the latest UK inflation data and ahead of the outcome of the Bank of England’s and Sweden’s Riksbank policy meetings. The Bank of England is expected to lower its benchmark interest rate by 25 basis points to 3.75% at its December 18th meeting. In November, the […]
Read moreDecember 17, 2025 10:43 am
Key Moments Most Asian currencies slipped while the US Dollar Index rose 0.3% during Asia trading hours. The Indian rupee rebounded more than 1% intraday after touching successive record lows earlier in the week. Softer U.S. labor market figures added uncertainty to the Federal Reserve’s interest rate outlook. Asia FX Softens as Dollar Firms Most […]
Read moreDecember 17, 2025 9:52 am
The EUR/SEK currency pair was stuck within a narrow daily range on Wednesday ahead of the outcome of the European Central Bank’s and Sweden’s Riksbank policy meetings. The European Central Bank is largely expected to keep its main refinancing operations rate intact at 2.15% at its December 18th policy meeting. And, the ECB deposit facility […]
Read moreDecember 17, 2025 9:33 am
Key Moments The U.S. Dollar Index rose 0.4% to 98.200, recovering from its lowest level since early October earlier this week. Sterling fell 0.8% to 1.3322 against the dollar after softer U.K. inflation data increased expectations of a Bank of England rate cut. USD/JPY climbed 0.5% to 155.54 as the yen weakened ahead of a […]
Read moreDecember 17, 2025 8:17 am
Key Moments UK headline CPI and core CPI Y/Y both printed at 3.2%, undershooting consensus forecasts Sectors including food, non-alcoholic beverages, alcohol, and tobacco made the largest downward contributions to inflation The British pound weakened across major currencies while the UK FTSE 100 jumped as traders priced in deeper BoE easing Inflation Surprise Eases Pressure […]
Read moreDecember 17, 2025 7:03 am
Key Moments Bitcoin (BTC) has retreated nearly 7% from a key trendline rejection and is testing support at $85,569, with momentum indicators turning bearish. Ethereum (ETH) failed to reclaim its 50-day EMA at $3,249, dropping 11% by Tuesday and trading below $2,946 as bearish signals strengthen. XRP (XRP) has closed below a critical $1.96 support […]
Read more