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ECB likely to hold interest rates amid steady inflation, sluggish economic growth
The European Central Bank (ECB) is holding its last two-day meeting of the year and will announce its monetary policy decision on Thursday. Financial markets anticipate the central…
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US Consumer Price Index to provide inflation update after shutdown gap
The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for November on Thursday at 13:30 GMT.The inflation report…
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DXY holds above 98.00 amid quiet US data – ING
The Dollar Index (DXY) remains supported above 98.00 as recent US data and Fed commentary have had little impact, with attention shifting to today’s ECB meetings for potential…
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EUR holds near highs ahead of ECB decision – OCBC
Euro (EUR) consolidated near recent highs. Focus today on European Central Bank (ECB) decision. Policy rate is widely anticipated to be on hold but attention is on staff…
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Japanese Yen weakens despite firming BoJ rate hike expectations
The Japanese Yen (JPY) remains on the back foot against its American counterpart for the second straight day and pushes the USD/JPY pair to the 156.00 neighborhood, or the top end…