20/11/2025
The Euro is weighed down by expectations of further ECB rate cuts, while the Pound faces pressure from anticipated BoE easing. The US Dollar continues to benefit from political uncertainty and strong Treasury yields.
The Euro faces significant downside risks as the ECB leans towards further easing, while the US Dollar continues to benefit from geopolitical uncertainty and strong bond yields. The Pound and Australian Dollar remain vulnerable to broader market shifts, with technical indicators suggesting limited upside potential for both
The ECB and BoE are expected to continue easing, putting pressure on the Euro and Pound, while the US Dollar remains supported by expectations of a gradual Fed easing cycle.
GBP outperformed due to unexpectedly strong Retail Sales data, while the Euro struggled under the weight of another ECB rate cut and weak economic indicators.
The FX market remains dominated by anticipation of central bank actions, with the ECB expected to cut rates further, pressuring the Euro. Meanwhile, the Pound is weighed down by easing inflation in the UK and rising expectations of a rate cut from the Bank of England.
GBP has suffered significant losses following weak UK inflation data, fuelling expectations of a BoE rate cut.