---
title: Daily Market View 18-12-2025 (Lite)
description: BoE expected to cut rates while ECB holds steady; US CPI rise could impact January Fed rate cut expectations. Get the latest FX market insights.
---

[FX News | Caxton Daily Market View ](https://caxton.io/fx-news)

# [Daily Market View 18-12-2025 (Lite)](https://caxton.io/fx-news/daily-market-view-18-12-2025-lite)

 Written by [David Stritch](https://caxton.io/fx-news/author/david-stritch) | Dec 18, 2025 11:13:14 AM

## BoE Cuts Expected, ECB Holding Firm to Close Out 2025

 

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 will be pivotal for GBP pairs.
- **US CPI: **possibly alter the likelihoods of a January Fed rate cut.

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  | 1.3356 |
|  GBP/EUR | 1.1388 |
|  GBP/CAD | 1.8429 |
|  GBP/AUD | 2.0258 |
|  GBP/NZD | 2.3177 |
|  GBP/JPY | 207.936 |
|  EUR/USD | 1.1729 |
|  USD/JPY | 155.48 |
| USD/CAD | 1.3783 |

## Today's Economic Calendar

**Major Economic Releases (All times in GMT)**

GBP: BoE Interest Rate Decision  
EUR: ECB Main Refinancing Operations Rate   
USD: CPI Prints

  

 

[View full post](https://caxton.io/fx-news/daily-market-view-18-12-2025-lite)

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