ForexLive European FX news wrap: Dollar steady awaiting the Fed ...Middle East

forex live - News
ForexLive European FX news wrap: Dollar steady awaiting the Fed

Headlines:

AUD/USD extends downside run, eyes on the October 2023 lows nextECB's Wunsch: Impact of tariffs depends on reaction in the exchange rateECB's Wunsch: There is no appetite to change inflation targetECB's Lane: It is prudent to maintain meeting-by-meeting approachECB's Lane: The argument for cutting by 50 bps was to show we are no longer restrictiveUK November CPI +2.6% vs +2.6% y/y expectedEurozone November final CPI +2.2% vs +2.3% y/y prelimUK December CBI trends total orders -40 vs -19 priorUS MBA mortgage applications w.e. 13 December -0.7% vs +5.4% priorJapan tops annual visitor record in just 11 months this year

Markets:

    EUR leads, NZD lags on the dayEuropean equities higher; S&P 500 futures up 0.3%US 10-year yields up 3.5 bps to 4.420%Gold flat at $2,644.48WTI crude up 0.9% to $70.68Bitcoin down 1.5% to $104,842

    In the equities space, we're seeing a steadier mood but it's still early in the day. US futures are up but then again, they have been showing signs of early optimism through the week only to be dashed when Wall Street enters the fray. Today, there's the Fed to contend with as well.

    The FOMC meeting decision is arguably the final key risk event for broader markets, so don't discount the potential repercussions that may follow as the year winds down after.

    This article was written by Justin Low at www.forexlive.com.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( ForexLive European FX news wrap: Dollar steady awaiting the Fed )

    Also on site :