Forex Previews

Week Ahead – Slower rate hikes eyed as Fed, ECB, BoE and SNB clash

A turbulent year is fast drawing to a close and the most crucial week for central banks is upon us. The Federal Reserve will be headlining the last rate-setting decisions of 2022 that will also cover those of the European Central Bank, Bank of England and Swiss National Bank.

Fed decision and US inflation stats to decide dollar’s fate – Forex News Preview

A decisive week lies ahead for the dollar, featuring the latest US inflation and retail sales reports, alongside a critical Fed decision.

Could the UK data releases change the BoE’s thinking? - Forex News Preview

Pound followers are preparing for an action-packed week ahead of the festive lull. With the Bank of England MPC meeting held on December 15, the market will be updated on the underlying economic trends that could be critical for the size of the expected rate move.

RBA rate decision next on the agenda – Forex News Preview

Another quarter-point rate hike is probably on the Reserve Bank of Australia’s agenda, which is due to announce its last policy decision for the year on Tuesday at 03:30 GMT.

Can the BoC meeting deliver any surprises? - Forex News Preview

The Bank of Canada is about to announce another rate hike on December 7. The market expects a 25bps rate increase despite the upside surprise in the Q3 GDP and the tight labour market.

Week Ahead – Australia and Canada kick off central bank bonanza

A litany of central bank meetings lies ahead in the first half of December. The ball will get rolling with the Reserve Bank of Australia and the Bank of Canada next week, both of which are expected to raise interest rates again, albeit at a slower pace.

A pressing concern for the Bank of Canada (BoC) is the tight labor market, putting more emphasis on the upcoming jobs report due out on Friday at 13:30 GMT.

US jobs data and Powell’s speech eyed as dollar rally stalls – Forex News Preview

There’s a storm of critical events this week that will shape the US dollar’s trajectory, including a speech by the Fed boss on Wednesday and the latest employment report on Friday.

Will Eurozone inflation alter ECB policy expectations? – Forex News Preview

With Eurozone inflation surging to 10.6% year-on-year in October, investors have shifted their bets to another 75bps hike when the ECB meets on December 15, and last week’s meeting minutes added credence to that view.

Week Ahead – Decisive week for the dollar as PCE inflation and NFP reports coming up

After the Thanksgiving downtime that generated some further weakness for the greenback, investors will be looking for fresh direction from the barrage of US economic data that will be dominating the agenda in the coming week.

Eurozone business surveys: Is the recession here? – Forex News Preview

The latest PMI business surveys from the euro area will hit the markets early on Wednesday, starting with the French numbers at 08:00 GMT.

Will the Fed minutes shed light on rates’ coming path? – Forex News Preview

Despite the latest efforts by several Fed officials to douse market speculation with regards to an imminent pivot, investors are still pricing in almost two quarter-point rate cuts by the end of 2023.

RBNZ might need to slam the brakes in November as economy heats up – Forex News Preview

The Reserve Bank of New Zealand will hold its last policy meeting of the year on Wednesday (01:00 GMT) and another rate hike is on the cards.

Week Ahead – Fed minutes, RBNZ decision, and business surveys on tap

Another busy week is coming up for FX markets, featuring the minutes of the latest FOMC meeting and a rate decision in New Zealand that investors are split on.

Will Japan’s CPI inflation help the yen's recovery? – Forex News Preview

Japan will update its CPI inflation data on Thursday at 23:30 GMT, with investors projecting a bold acceleration in the pace of price increases.

Will Australian jobs report justify the RBA’s need for caution? – Forex News Preview

Employment numbers out of Australia will be watched on Thursday (00:30 GMT) as the country’s central bank ponders how much further to tighten policy.

Wounded US dollar turns to retail sales for direction – Forex News Preview

Hopes that inflation is finally cooling down led traders to unwind bets that the Fed will raise rates beyond 5%, dealing a heavy blow to the US dollar last week.

The Canadian CPI report is coming out on Wednesday at 13:30 GMT and if it is strong, the Bank of Canada is more likely to increase rates by 50 bps than 25 bps at its meeting on December 7.

Pound traders turn gaze to UK inflation data and budget announcement – Forex News Preview

Despite the UK economy contracting by less than expected in Q3, investors continued to scale back their BoE rate-hike bets.

Week Ahead – Spotlight turns to pound and non-US data after dollar bruising

After another US inflation surprise, CPI data will be dominating the agenda in most other markets in the coming week, shifting the focus away somewhat from the greenback.

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