FXStreet Forex
12 Jun 2026, 15:23 GMT
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Nomura’s European Economics team, led by Andrzej Szczepaniak and colleagues, notes that the ECB delivered a 25bp hike to a 2.25% depo rate and unveiled more hawkish forecasts.
FXStreet Forex
12 Jun 2026, 13:45 GMT
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Nordea’s Jan von Gerich highlights that the ECB delivered a widely expected 25bp hike and is likely to continue tightening, with the next move expected in July. He argues that broadening inflation pressures mean lower energy prices alone will not ease ECB concerns.
FXStreet Forex
12 Jun 2026, 13:03 GMT
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Nomura’s Global FX Strategy team, including Dominic Bunning and Yusuke Miyairi, argues that a more hawkish ECB path versus the Bank of England should support the Euro against the Pound.
ForexLive
12 Jun 2026, 12:41 GMT
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Headlines:Iran will not restore Strait of Hormuz status to pre-war level - IRNAThe US-Iran MoU could be signed as soon as Sunday in Geneva - BBGHere is what the US-Iran deal looks set to be like after another TACO momentIran media says that memorandum of understanding draft still not yet finalisedOil prices plunge after Iran confirms details of the deal with the USThe countdown continues ahead of the Wall Street open, all eyes on SpaceXECB policymaker Nagel says keeping all options open for July...
ForexLive
12 Jun 2026, 12:16 GMT
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Rate hikes by year-endRBNZ: 65 bps (76% probability of rate hike at the next meeting)BoJ: 46 bps (90% probability of rate hike at the next meeting)ECB: 37 bps (70% probability of no change at the next meeting)BoE: 35 bps (91% probability of no change at the next meeting)BoC: 24 bps (94% probability of no change at the next meeting)Fed: 18 bps (97% probability of no change at the next meeting)RBA: 12 bps (99% probability of no change at the next meeting)SNB: 8 bps (99% probability of no change at...
FXStreet Forex
12 Jun 2026, 11:57 GMT
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Deutsche Bank’s European economists highlight that the ECB delivered its first rate hike since 2023, lifting the deposit rate to 2.25% and pairing it with hawkish messaging from President Lagarde.
ForexLive
12 Jun 2026, 09:39 GMT
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Full report hereECB's Kocher said yesterday's rate hike is intended to help stabilize inflation as the Middle East conflict continues to push up energy and commodity prices.Kocher warned that rising energy costs are weakening consumer purchasing power, discouraging investment, and increasing the risk of second-round inflation effects. However, he noted that inflation is not expected to return to the extreme levels seen in 2022–2023.He stressed that the key objective is to prevent the current e...
FXStreet Forex
12 Jun 2026, 08:54 GMT
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European Central Bank (ECB) Governing Council member Martin Kocher stated in the European trade on Friday that it is too early to discuss what the central bank will do in the July meeting.
FXStreet Forex
12 Jun 2026, 08:47 GMT
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European Central Bank (ECB) Governing Council member and Governor of the Central Bank of Ireland, Gabriel Makhlouf, said during the European trade on Friday that the central bank needs to act quickly before inflation starts accelerating further.
FXStreet Forex
12 Jun 2026, 08:37 GMT
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The Euro (EUR) trades higher 0.12% higher to near 185.45 against the Japanese Yen (JPY) during the European trading session on Friday.
ForexLive
12 Jun 2026, 08:26 GMT
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Full report here ECB's Dolenc said the European Central Bank’s rate hike gives policymakers enough flexibility to respond to the ongoing Middle East-driven energy shock.He emphasized that given the high uncertainty around how severe and long-lasting the energy shock may be, the current interest rate level allows the ECB to react appropriately as conditions evolve. Future rate decisions will remain data-dependent, based on inflation forecasts, inflation persistence, and how effectively monetary...
Investing.com Forex
12 Jun 2026, 07:51 GMT
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ForexLive
12 Jun 2026, 07:35 GMT
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EUROPEAN SESSIONIn the European session, we don't have much on the agenda other than a couple of low tier releases like the final French and Spanish inflation reports. The ECB yesterday hiked interest rates by 25 bps as widely expected and kept its usual data-dependent and meeting-by meeting approach. ECB sources signalled a pause in July if oil prices do not increase materially but endorsed the market pricing by saying that two more rate hikes are embedded in the projections. AMERICAN SESSIONIn...
FXStreet Forex
12 Jun 2026, 07:27 GMT
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Commerzbank’s Thu Lan Nguyen notes the European Central Bank sounded slightly hawkish, but investors already price in two further hikes, leaving the Euro softer after President Lagarde avoided clear guidance.
ForexLive
12 Jun 2026, 07:00 GMT
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CPI +2.6% vs +2.6% y/y prelimPrior +2.9%HICP +2.7% vs +2.7% y/y prelimPrior +2.9%Core CPI +2.5% y/yPrior +2.3%No changes to the preliminary estimates there as German headline annual inflation is reaffirmed to show a minor drop in May. That being said, core annual inflation is seen nudging up to 2.5% and that is up from 2.3% in April.So, that will continue to keep ECB policymakers on their toes in navigating through the risks associated with the Middle East conflict. As things stand, there are gr...