19/11/2025
The Pound remains supported against both the Euro and the Dollar amid stable BoE policy expectations, while the Euro and Aussie face challenges from dovish central bank tones.
The currency market remains cautious ahead of several critical events this week, including the ECB’s policy meeting and US inflation data. While the US Dollar holds firm amid strong economic data, expectations of rate cuts in both the US and Eurozone are creating mixed signals.
This week, the US Dollar corrected steadily as markets priced in a December rate cut, while European and UK currencies showed resilience.
GBP continues to benefit from relative strength against the Euro, while the USD shows weakness amid increasing expectations of a Fed rate cut. However, risks remain elevated due to political instability in the Eurozone and ongoing trade and tariff concerns globally.
Today’s foreign exchange market remains focused on central bank speeches and key economic data releases. Political uncertainty in France continues to impact the Euro.
The foreign exchange market remains volatile amid a mix of geopolitical and economic developments. The US Dollar continues to benefit from strong economic data and risk aversion, while political uncertainties in France weigh heavily on the Euro.