A Week in the Market: Focus on Central Banks' Decisions (11-15 December)

<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/09/25.09.23-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="A Week in the Market: Focus on Central Banks' Decisions (11-15 December)" style="margin-bottom: 15px;" decoding="async" loading="lazy" /></div><p>This week will be entirely devoted to the activities of central banks, mainly centred around their strategic decisions on borrowing costs. Investors will undoubtedly require both resilience and composure.</p>

<h2>GBP: back on stage</h2>

<figure><img decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2020/06/gbp-1200×627.jpg" alt="GBP: back on stage" class="wp-image-4352" srcset="https://blog.roboforex.com/wp-content/uploads/2020/06/gbp.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2020/06/gbp-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2020/06/gbp-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The UK is finally returning to the macroeconomic scene, preparing to release data on unemployment, industrial production, and the final <a href="https://blog.roboforex.com/blog/2019/10/29/trading-news-how-to-make-money-on-gdp/" data-internallinksmanager029f6b8e52c="93" title="GDP">GDP</a> for October. The Bank of England will hold a meeting on Thursday and will likely keep the <a href="https://blog.roboforex.com/blog/2019/10/22/trading-news-how-to-earn-on-interest-rates/" data-internallinksmanager029f6b8e52c="90" title="Interest rate">interest rate</a> at 5.25% per annum. While this could be neutral news for the <a href="https://roboforex.com/beginners/info/charts/forex/gbpusd/" data-internallinksmanager029f6b8e52c="36" title="GBP/USD">GBP</a>, much will depend on the details.</p>

<h2>USD: awaiting the Fed&rsquo;s decision</h2>

<figure><img decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2020/10/usd-1.jpg" alt="USD: awaiting the Fed’s decision" class="wp-image-5901" srcset="https://blog.roboforex.com/wp-content/uploads/2020/10/usd-1.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2020/10/usd-1-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2020/10/usd-1-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>This week&rsquo;s key event will be the US Federal Reserve&rsquo;s interest rate decision, which will likely remain at 5.50% per annum. The market will be primarily interested in the regulator&rsquo;s assessment of future actions, particularly forecasts for the end of Q1 2024 regarding the interest rate size. While the USD maintains a strong position, clear <a href="https://blog.roboforex.com/blog/2019/11/28/signals-on-forex-where-to-search-how-to-find-filter-and-create/" data-internallinksmanager029f6b8e52c="101" title="Signals">signals</a> of the upcoming rate reduction may change the situation.</p>

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<h2>EUR: the ECB is unlikely to surprise</h2>

<figure><img loading="lazy" decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2022/01/EURO.jpg" alt="EUR: the ECB is unlikely to surprise" class="wp-image-11306" srcset="https://blog.roboforex.com/wp-content/uploads/2022/01/EURO.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2022/01/EURO-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2022/01/EURO-768×401.jpg 768w, https://blog.roboforex.com/wp-content/uploads/2022/01/EURO-150×78.jpg 150w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The European Central Bank will hold a meeting and likely leave the interest rate unchanged at 4.50% per annum. There is little room for intrigue, but the central bank&rsquo;s comments on the key macroeconomic data will be critical. At the same time, the <a href="https://roboforex.com/beginners/info/charts/forex/eurusd/" data-internallinksmanager029f6b8e52c="35" title="EUR/USD">EUR</a> exchange rate dynamics will depend more on the USD movements than on the regulator&rsquo;s decisions.</p>

<h2>NZD: all eyes on the GDP</h2>

<figure><img loading="lazy" decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2020/06/nzd-1200×627.jpg" alt="NZD: all eyes on the GDP" class="wp-image-4538" srcset="https://blog.roboforex.com/wp-content/uploads/2020/06/nzd.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2020/06/nzd-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2020/06/nzd-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>New Zealand is set to publish the GDP data for Q3 2023. The economy is expected to have grown by merely 0.2% q/q, while the previous quarter showed growth of 0.9%. If the data fails to meet expectations, the <a href="https://roboforex.com/beginners/info/charts/forex/nzdusd/" data-internallinksmanager029f6b8e52c="37" title="NZD/USD">NZD</a> exchange rate will likely decline.</p>

<h2>JPY: a significant volume of statistics</h2>

<figure><img loading="lazy" decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2019/11/jpy-1200×627.jpg" alt="JPY: a significant volume of statistics" class="wp-image-1874" srcset="https://blog.roboforex.com/wp-content/uploads/2019/11/jpy.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2019/11/jpy-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2019/11/jpy-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>Japan will present a substantial block of significant data, including the Tankan services and manufacturing PMIs for Q4. The figures are anticipated to show considerable growth, which could be good news for the country&rsquo;s economy and the <a href="https://roboforex.com/beginners/info/charts/forex/usdjpy/" data-internallinksmanager029f6b8e52c="40" title="USD/JPY">JPY</a> exchange rate.</p>

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<a href="https://my.roboforex.com/en/register/">Open Trading Account</a></p><p>The post <a href="https://blog.roboforex.com/blog/2023/12/11/a-week-in-the-market-focus-on-central-banks-decisions-11-15-december/">A Week in the Market: Focus on Central Banks' Decisions (11-15 December)</a> appeared first at <a href="https://blog.roboforex.com">R Blog – RoboForex</a>.</p>