The Federal Reserve’s two-day meeting will conclude with a press conference on Wednesday. Officials are widely expected to announce speeding up the tapering of their bond buying programme.
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The ECB has already said that its quantitative easing programme will close around the end of March. However, officials could announce an extension of its Asset Purchase Programme.
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The Bank of England will host its latest monetary policy meeting on Thursday against an uncertain economic backdrop.
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It could be a volatile week for the pound, euro and dollar as central banks are due to hold their December monetary policy meetings. The Federal Reserve will conclude its meeting on Wednesday, and we will hear from…
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The euro is little changed against both the pound and dollar this morning following German inflation rate data. Inflation in the eurozone’s largest economy rose year-on-year but fell month-on-month.
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After falling yesterday, the pound is stronger against the euro but is still struggling against the dollar. GDP figures released earlier this morning show that the UK economy grew by just 0.1% in October.
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The pound is stronger against the euro but is still struggling against the dollar following disappointing GDP figures. The UK economy grew by a tiny 0.1% in October, mainly hindered by the hospitality sector. Some experts have expressed…
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The dollar is still trading at strong levels this morning as growing concerns over the Omicron variant of coronavirus lead markets to favour ‘safe-haven’ currencies, such as the greenback. Markets now await today's US inflation figures.
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