13/03/2026
The Bank of England (BoE) is expected to leave interest rates unchanged at 4.75% following its final meeting of 2024.
Global currency markets are in a holding pattern as traders anticipate key central bank decisions this week, particularly from the Federal Reserve and the Bank of England.
The euro remains under pressure amid weak sentiment and dovish ECB expectations, while the US dollar stands firm as markets prepare for the Fed’s updated guidance.
This week’s focus will be on central bank decisions, with the Federal Reserve, European Central Bank, and Bank of England all providing critical updates on monetary policy.
This week saw the US dollar solidify its strength across major pairs, supported by rising bond yields and strong economic data.
Central bank decisions are at the forefront of market activity, with significant attention on the ECB and SNB rate cuts, as well as the Fed’s anticipated policy shift.