27/10/2025
Summary The British Pound displayed minimal response to the recent decision by the Bank of England’s monetary policy committee, maintaining interest rates for the fourth consecutive meeting. The committee emphasized the need for additional evidence indicating a decline in inflation to the 2% target before considering a reduction in borrowing costs. Governor Bailey asserted the
Summary: Yesterday’s European trading session saw markets holding steady ahead of the US FOMC interest rate meeting at 7pm. Preliminary data, including German Retail Sales and US ADP employment, indicated lower figures than anticipated. As anticipated, the Fed maintained interest rates, prompting a strengthening of the US dollar. However, during the press conference, Chair Powell
Summary The currency markets showed limited movement yesterday as anticipation built ahead of the upcoming US interest rate meeting. The euro briefly declined following Q4 GDP data, revealing a narrow escape from technical recession for the EU with “growth at 0.0%.” The US dollar initially strengthened on robust job opening data but retraced gains as
Summary In the recent trading session, the currency markets maintained a narrow range, with participants anticipating upcoming economic data. The absence of significant releases led the dollar to closely align with overall market sentiment. A positive shift occurred late in the US session when the Treasury announced reduced borrowing needs for Q1 2024, driving US
Summary The week began with the Euro (EUR) receiving support from month-end flows and robust corporate demand. GBPEUR retreated from Thursday’s highs, while EURUSD rose above the 200-day moving average. USD trading remained steady despite lower-than-expected core PCE inflation year-on-year and higher personal spending. Mixed data led to a minor uptick in treasury yields and
Summary After the recent ECB meeting, market expectations for an interest rate cut in April surged from 60% to 95%, leading to a widespread decline in the Euro. The decision was influenced by data reflecting sluggish growth and decreasing inflation. Despite acknowledging downside risks to economic growth and inflation, ECB President Lagarde expressed caution due