Friday, 15 December 2023

Cable on Track for Remarkable Recovery after Hawkish BoE Messaging

Markets expect fewer interest rate cuts for the UK in 2024 than in the US. This, along with a hawkish BoE statement has helped buoy sterling into the end of the week

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...