Russia Consumer Price Index (MoM): 0.42% (November) vs previous 0.5%

Dec 10, 2025

GBP/USD firms as dovish repricing for Fed and BoE boosts upside momentum

Sterling advances during the North American session as the US Dollar weakens on expectation that the Federal Reserve will cut rates, later in the day. At the time of writing, the GBP/USD trades at 1.3336 after bouncing off daily lows of 1.3288.

Summary of the BoC event: Economic resilience and data-dependent stance

As widely anticipated, the Bank of Canada (BoC) kept its benchmark interest rate at 2.25% at its event on Wednesday.