⚠️ Trump Tariff Threats and ECB Decision Loom 🇪🇺 - Head of FX Summarizes FX Market - Dec 9 #fxnews

Stay updated with this week’s FX highlights in just a few minutes:

The Euro 🇪🇺 is under pressure as Trump reiterates 100% tariff threats for countries abandoning dollar 🇺🇸 settlements.

This could hinder Eurozone exports and push the ECB toward rate cuts.

Meanwhile, the Yen 🇯🇵 faces ongoing volatility with lowering odds of a BOJ rate hike. The Aussie 🇦🇺 holds steady. And the Canadian dollar 🇨🇦 hits record lows on rising unemployment.

🔑 Key Events to Watch This Week:

1. Japan GDP (QoQ) (Q3) - Monday, 7:50 am HKT
2. RBA Interest Rate Decision (Dec) - Tuesday, 11:30 am HKT
3. German CPI (MoM) (Nov) - Tuesday, 3:00 pm HKT
4. US CPI (MoM) (Nov) - Wednesday, 9:30 pm HKT
5. BoC Interest Rate Decision - Wednesday, 10:45 pm HKT
6. ECB Interest Rate Decision (Dec) - Thursday, 9:15 pm HKT
7. Initial Jobless Claims - Thursday, 9:30 pm HKT
8. Canada GDP (MoM) (Oct) - Friday, 3:00 pm HKT

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