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Money Markets Fully Price in Two ECB Rate Hikes and 50% Chance of Third by December
Money markets have fully factored in two European Central Bank (ECB) interest rate increases, with a 50% probability of a third tightening move by December. This reflects market expectations of continued monetary policy tightening to combat inflation in the Eurozone.
Date:
23.04.2026 |
Source:
FOR-EX.NEWS
Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.169540 | -0.096526% |
| GBPUSD | 1.349840 | -0.010371% |
| USDJPY | 159.477000 | +0.073419% |
| XAUUSD | 4736.930000 | -0.07436% |
| USDCAD | 1.367680 | +0.044621% |
| NZDUSD | 0.588090 | -0.37776% |
| USDCHF | 0.784990 | +0.11989% |
| AUDUSD | 0.714840 | -0.16062% |
| EURGBP | 0.866420 | -0.020771% |
| EURJPY | 186.516000 | -0.040731% |
| GBPJPY | 215.273000 | +0.010685% |
| AUDJPY | 113.995000 | -0.045595% |
| CADJPY | 116.622000 | +0.042034% |
| CHFJPY | 203.148000 | -0.031986% |
| NZDJPY | 93.778000 | -0.36231% |
| GBPCHF | 1.059610 | +0.054767% |
| EURCHF | 0.918060 | -0.007624% |
| USDMXN | 17.349410 | +0.10259% |
| USDZAR | 16.470100 | +0.076926% |
| USDTRY | 44.921200 | +0.061367% |
| USDRUB | 75.425000 | +0.46286% |
| USDSEK | 9.228200 | +0.25748% |
| USDCNY | 6.834100 | +0.104% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 23.04.2026 | ||||
| 23:30 | 🇯🇵 | Inflation Rate YoY (Mar) | 1.5 | 1.3 |
| 24.04.2026 | ||||
| 08:00 | 🇩🇪 | Ifo Business Climate (Apr) | 85.5 | 86.4 |
| 14:00 | 🇺🇸 | Michigan Consumer Sentiment (Apr) | 47.6 | 53.3 |
| 27.04.2026 | ||||
| 06:00 | 🇩🇪 | Consumer Confidence (May) | -30 | -28 |
| 28.04.2026 | ||||
| 03:00 | 🇯🇵 | BoJ Interest Rate Decision | 0.75 | 0.75 |
| 14:00 | 🇺🇸 | CB Consumer Confidence (Apr) | 91.8 | |
| 29.04.2026 | ||||
| 12:00 | 🇩🇪 | CPI MoM (Apr) | 1.1 | |
| 12:00 | 🇩🇪 | Inflation Rate YoY (Apr) | 3.3 | 2.7 |
| 12:30 | 🇺🇸 | Building Permits (Feb) | 1.36 | 1.386 |
| 12:30 | 🇺🇸 | Building Permits (Mar) | 1.35 | 1.386 |