EUR/USD
1.17218
-0.156%
Gold
4327.73
-0.243%
Oil
56.235
-0.815%
USD/JPY
155.545
-0.092%
GBP/USD
1.33916
0.129%
GBP/JPY
208.305
0.044%
Real-time News
The U.S. EIA natural gas storage data for the week ending December 12 will be released in ten minutes.Micron Technology (MU.O) shares narrowed their gains to 11%, after surging as much as 17% earlier.On December 18th, HSBC foreign exchange strategist Nick Andrews noted in a report that the Bank of Englands accommodative monetary policy stance could put headwinds on the pound in the coming months, particularly against the Australian dollar. The Bank of England cut interest rates by 25 basis points to 3.75% on Thursday by a 5-4 vote, and hinted at further gradual rate cuts. He stated that the pound appears relatively vulnerable against the currencies of central banks that are about to raise interest rates. Given the Reserve Bank of Australias recent hints of a possible rate hike, HSBC is inclined to sell the pound against the Australian dollar.Kremlin: US-Russia relations are in dire straits, but Moscow hopes that relations can begin to recover as progress is made on the Ukraine issue.On December 18th, ING analyst Carsten Brzezic pointed out that the European Central Bank (ECB) is unlikely to change its current policy stance in the near future. He stated that interest rates have remained unchanged for over six months, indicating that the ECB will not begin cutting rates unless there is a significant decline in inflation or economic growth. "Inflation forecasts, in particular, further confirm the ECBs current policy stance is correct." Due to a slower-than-expected decline in services sector inflation, the ECB slightly raised its 2026 inflation forecast to 1.9%. "Given that inflation expectations remain at or slightly below 2%, and economic growth is expected to be close to potential growth levels, there is no reason for the ECB to change its policy stance in the short term."
