The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, rose toward 106.70 after Christine Lagarde, President of the European Central Bank (ECB), confirmed talks of a possible 50 bps interest rate cut.
Related Articles
ECB’s Kazaks: A significant reduction in rates is still necessary
A significant reduction in rates is still necessary.Neutral rate is closer to...
Spain November final CPI +2.4% vs +2.4% y/y prelim
Prior +1.8%HICP +2.4% vs +2.4% y/y prelimPrior +1.8%No changes to the initial...
What are the main events for today?
Today the main event was the UK GDP report. The data missed...
France November final CPI +1.3% vs +1.3% y/y prelim
Prior +1.2%HICP +1.7% vs +1.7% y/y prelimPrior +1.6%No change to the initial...
Leave a comment