Forex
The Euro (EUR) strengthens against the British Pound (GBP) on Wednesday, as softer-than-expected UK inflation data weigh on Sterling, while stable Eurozone inflation leaves the Euro relatively supported. At the time of writing, EUR/GBP is trading around 0.8785, reversing the previous day’s losses.
Commodities
Gold (XAU/USD) is posting marginal gains on Wednesday, but price action remains contained within previous ranges. Upside attempts remain capped below all-time highs at $4,350, and bears are contained above the $4,260-$4,270 so far.
Forex
USD/CAD trims some losses and reaches 1.3780 after bouncing from 1.3745 lows.
Forex
The USD/JPY pair gains 0.55% and jumps higher to near 155.50 during the European trading session on Wednesday. The pair strengthens as the US Dollar (USD) outperforms its peers, following the release of the United States (US) Nonfarm Payrolls (NFP) report for October and November.
Forex
The NZD/USD pair trades 0.15% lower to near 0.5775 during the European trading session on Wednesday. The Kiwi pair is under pressure as the US Dollar (USD) recovers sharply, following the release of the United States (US) Nonfarm Payrolls (NFP) data for October and November.
Commodities
Silver soars past $66 an ounce for the first time on US job market weakness. UK inflation drops more than expected to 3.2%, boosting the FTSE 100. Asia tech shares rebound, with MetaX rocketing 755% on its debut. Plus, a look at the US Dollar's struggle, the ECB meeting, and a preview of Federal Reserve official Christopher Waller's influential speech.
Markets have largely priced in a December BoJ rate hike, supported by rising wages and improving domestic sentiment, reinforcing Japan’s gradual policy normalization path into 2026. As the Fed pivots dovish, widening policy divergence strengthens the structural case for a firmer yen. Technically, USD/JPY shows signs of waning upside momentum, with downside risks building unless key resistance levels are cleared
Forex
EUR/USD is pulling back from nearly three-month highs above 1.1800, trading at 1.1710 at the time of writing, as the US Dollar (USD) regains lost ground.
Forex
EUR/GBP recovers its recent losses from the previous session, trading around 0.8780 during the European hours on Wednesday. The currency cross gains ground as the Pound Sterling (GBP) declines following the release of weaker Consumer Price Index (CPI) data from the United Kingdom (UK) for November.
Forex
Here is what you need to know on Wednesday, December 17:
