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ECB’s Villeroy: Wise thing is to maintain interest rates at current level
European Central Bank (ECB) policymaker and French central bank governor, Francois Villeroy, said during European trading hours on Wednesday that the wise thing is to hold interest rates steady at their current level.
Japanese Yen bulls seem hesitant as fiscal concerns offset BoJ rate hike bets, ahead of Fed
The Japanese Yen (JPY) remains on the front foot against a broadly weaker US Dollar (USD) through the early European session on Wednesday, though it lacks bullish conviction.
ECB’s Simkus: No need to adjust interest rates
European Central Bank (ECB) Governing Council (GC) member and Lithuanian central-bank chief, Gediminas Simkus, said in an interview in Vilnius during the European trading session on Wednesday that there is no need of monetary policy adjustments currently as inflationary pressures is close to the cen
IMF raises China’s 2025 economic growth forecast to 5.0% from 4.8%
In its latest review report on the Chinese economy published on Wednesday, the International Monetary Fund (IMF) raised the dragon nation’s economic growth for this year and the next.
Gold bulls remain on the sidelines despite weaker USD; looks to Fed for fresh impetus
Gold (XAU/USD) extends its sideways consolidative price move through the early European session and trades just below the weekly high touched earlier this Wednesday. Traders now seem reluctant and opt to wait for the outcome of a two-day FOMC policy meeting later today.
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $58.28 per barrel, up from Tuesday’s close at $58.21.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $61.88 price posted on Tuesday, and trading at $61.95.
Sweden Industrial Production Value (MoM) declined to -6.6% in October from previous 3.8%
Sweden Industrial Production Value (MoM) declined to -6.6% in October from previous 3.8%
Sweden Industrial Production Value (YoY) down to 5.9% in October from previous 13.5%
Sweden Industrial Production Value (YoY) down to 5.9% in October from previous 13.5%
Sweden New Orders Manufacturing (YoY): 12.1% (October) vs 7.2%
Sweden New Orders Manufacturing (YoY): 12.1% (October) vs 7.2%
EUR/GBP posts modest losses below 0.8750 despite ECB's cautious outlook
The EUR/GBP cross posts modest losses near 0.8740 during the early European session on Wednesday. Hawkish remarks from the Bank of England (BoE) policymakers provide some support to the Pound Sterling (GBP) against the Euro (EUR).
Forex Today: All eyes on the BoC and Fed policy announcements
Here is what you need to know on Wednesday, December 10:
USD/INR drops further amid caution ahead of Fed’s monetary policy
The Indian Rupee (INR) rises further against the US Dollar (USD) on Wednesday. The USD/INR pair falls to near 90.00 as the Indian Rupee gains further, with the beginning of two-day trade talks between the United States (US) and India on Wednesday.
Pound Sterling Price News and Forecast: GBP/USD gains ground to near 1.3305 early European session
The GBP/USD pair trades on a firmer note around 1.3305 during the early European session on Wednesday. The Greenback edges lower against the Pound Sterling (GBP) as the US Federal Reserve (Fed) is widely expected to announce another interest rate cut on Wednesday.
Where LPL financial sees the S&P 500 at the end of 2026
n its 2026 outlook, LPL Financial (NASDAQ:LPLA) sees modest gains for the S&P 500 next year.
US President Donald Trump plans final round of Fed Chair interviews in coming days — WSJ
US President Donald Trump plans to begin his final round of interviews in the coming days with candidates to be the next Federal Reserve (Fed) Chair, the Wall Street Journal reported on Tuesday, citing senior administration officials.
USD/CHF flattens around 0.8050 as investors await Fed’s policy outcome
The USD/CHF pair trades flat around 0.8060 during the late Asian trading session on Wednesday. The Swiss Franc pair consolidates as investors await the monetary policy announcement by the Federal Reserve (Fed), which is scheduled at 19:00 GMT.
GBP/USD holds positive ground above 1.3300, eyes on Fed rate decision
The GBP/USD pair trades on a firmer note around 1.3305 during the early European session on Wednesday. The Greenback edges lower against the Pound Sterling (GBP) as the US Federal Reserve (Fed) is widely expected to announce another interest rate cut on Wednesday.
Netherlands, The Manufacturing Output (MoM) up to 0.2% in October from previous 0.1%
Netherlands, The Manufacturing Output (MoM) up to 0.2% in October from previous 0.1%
AUD/JPY Price Forecast: Softens to near 104.00 as overbought RSI caps upside potential
The AUD/JPY cross loses traction to around 104.00, snapping the six-day winning streak during the early European session on Wednesday. Deeper-than-expected producer deflation data from China undermines the China-proxy Australian Dollar (AUD) against the Japanese Yen (JPY).
AUD/USD consolidates below mid-0.6600s; bulls await Fed decision amid RBA's hawkish tilt
The AUD/USD pair is seen consolidating its recent strong gains to the highest level since September 18, touched the previous day, and seesaws between tepid gains/minor losses through the Asian session on Wednesday.
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