British Pound (GBP) Latest: Cable Awaits BoE MPC Speeches Next Week

British Pound (GBP) Latest: Cable Awaits BoE MPC Speeches Next Week https://www.dailyfx.com/forex/market_alert/2022/02/18/British-Pound-GBP-Latest-Cable-Awaits-BoE-MPC-Speeches-Next-Week-WV.html The pound has been rallying on the back of BoE rate hike expectations with a weaker USD supporting cable upside. Attention now shifts to BoE speeches next week.

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DailyFX - Market News FX

Japanese Yen remains on the front foot as wage growth bolsters BoJ rate hike expectations 8 December 2025

The Japanese Yen (JPY) attracts some dip-buying at the start of a new week and remains close to its highest level since November 14, touched against a weaker US Dollar (USD) on Friday.

USD/CAD holds onto Friday’s losses around 1.3800, investors await Fed-BoC policy 8 December 2025

The USD/CAD pair trades weakly near its 11-week low around 1.3800 during the Asian trading session on Monday.

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China Trade Balance USD came in at $111.68B, above expectations ($100.2B) in November 8 December 2025

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China Trade Balance CNY rose from previous 640.4B to 792.57B in November

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China Exports (YoY) CNY: 5.7% (November) vs -0.8%

China Exports (YoY) came in at 5.7%, above forecasts (3.8%) in November 8 December 2025

China Exports (YoY) came in at 5.7%, above forecasts (3.8%) in November

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In an interview with the Italian financial magazine Milano Finanza on Saturday, European Central Bank policymaker Olli Rehn said that "our latest forecast suggests inflation will remain slightly below 2% over the horizon."

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West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on a three-week-old uptrend and oscillate in a narrow band during the Asian session on Monday.

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The EUR/USD pair posts modest gains around 1.1645 during the early Asian session on Monday. The prospect of a US Federal Reserve (Fed) rate cut at its December meeting on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR).

AUD/USD holds steady below 0.6650, highest since September ahead of China's trade data 8 December 2025

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GBP/USD consolidates around 1.3330 as traders await Fed rate decision 8 December 2025

The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, around the 1.3320-1.3325 region, during the Asian session.

Gold Price Forecast: XAU/USD drifts higher above $4,200 on Fed rate cut expectations 8 December 2025

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Japan Trade Balance - BOP Basis dipped from previous ¥4347.6B to ¥2833.5B in October 7 December 2025

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Japan Gross Domestic Product Deflator (YoY) came in at 3.4%, above forecasts (2.8%) in 3Q

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Japan Bank Lending (YoY) registered at 4.2% above expectations (4%) in November

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British Pound (GBP) Latest: Cable Awaits BoE MPC Speeches Next Week

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