A soft landing is the most likely scenario – Nordea
Developments in the world economy and the financial markets in 2023 were fortunately much better than feared.
Source: fxstreet.com
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EUR/CZK: CNB's decision could be the difference between returning to 24.60 or 24.20 – SocGen
Economists at Société Générale analyze how the Czech Central Bank decision could impact the EUR/CZK pair.
Source: fxstreet.com
USD/TRY: Further gains towards 35 are possible next year – SocGen
Türkiye’s central bank (CBRT) meets today. Economists at Société Générale analyze Lira’s outlook ahead of the Interest Rate Decision.
Source: fxstreet.com
PBOC leaves Loan Prime Rates unchanged, as expected
The People's Bank of China announced on Wednesday that it maintained the Loan Prime Rate (LPR) unchanged across the time curve.
People Bank Federal Reserve China Pboc Monetary Policy Committee Loan Prime Rate China Interest Rate Monetary Policy Committee
Source: fxstreet.com
GBP/JPY plunges on softer-than-anticipated UK Inflation report
The GBP/JPY pair faced a sharp sell-off after the release of the softer-than-projected United Kingdom Consumer Price Index (CPI) report for November.
United Kingdom Sarah Breeden Kazuo Ueda United Kingdom Office For National Statistics Japan National United Kingdom Inflation
Source: fxstreet.com
USD/CNY: Yuan will remain under pressure – Commerzbank
The Yuan has weakened against the Dollar by over 3% year to date.
Source: fxstreet.com
Fed's Goolsbee on rate cuts: Market has gotten ahead of themselves on euphoria
In an interview with Fox TV early Wednesday, Federal Reserve Bank of Chicago President Austan Goolsbee said that the “market has gotten ahead of themselves on euphoria” on likely interest rate cuts.
Source: fxstreet.com
EUR/USD: Limited scope to advance in H1 – MUFG
Economists at MUFG Bank highlight EUR upside limits. Weak growth and a faster drop in inflation and ECB rate cuts to weigh on EUR Inflation has dropped markedly in the Eurozone.
Source: fxstreet.com
EUR/USD to rise to 1.15 and 1.18 by the end of 2024 and 2025, respectively – BNP Paribas
The Dollar has significantly retreated from its highs. Economists at BNP Paribas analyze Greenback’s outlook against the Euro and the Yen.
Source: fxstreet.com
EUR/USD to trade at lower levels on a 6-12M horizon – Danske Bank
EUR/USD has received support on the back of a dovish Fed and the ECB delivering push-back on rate cut expectations.
Source: fxstreet.com