FX markets

Daily Market View 17-12-2025 (Lite)

Listen to this daily briefing

1:09

Anticipation Builds Ahead of Central Bank Decisions

1 Minute Market Rundown

UK CPI, inflation slows to 3.2%, reinforcing a Bank of England rate cut, which is weighing on GBP sentiment.
A soft-looking set of US jobs data yesterday took the dollar index down to the lowest levels since early October.
German ifo index; expectations are subdued after a softer set of German PMIs, leading to weaker Eurozone composite readings.
The Euro is finding support as markets lean toward ECB holding rates steady.

Lite Version:

This analysis is provided in brief, as David Stritch is currently away, but will return with a full version on Friday 19th December 2025.

Key Themes

Central Banks: BoE and ECB decisions tomorrow will be pivotal for GBP pairs.
Speeches: Economic outlook from the Fed's Christopher Waller.

Markets Today

*Please be aware the below rates represent the market rate at 8:00 AM, contact your Caxton dealer or check online for a live quote.

Currency Pairs	Open
GBP/USD	1.3326
GBP/EUR	1.1371
GBP/CAD	1.8465
GBP/AUD	2.0240
GBP/NZD	2.3209
GBP/JPY	207.775
EUR/USD	1.1719
USD/JPY	154.771
USD/CAD	1.3754

Today's Economic Calendar

Major Economic Releases (All times in GMT)

GBP: CPI figures
EUR : German PMI
NZD: Q3 GDP figures

Book Currency Workshop

Learn how market shifts impact your FX need or your business, directly from our analyst in a free consultation by good old fashioned phone call.

Book now

Sign up for the monthly outlook

The currency markets never sit still. Neither should your plans. Join 45 minutes of practical, jargon-free analysis on what’s moving the markets—and what it means for you or your business.