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December 17, 2025
Euro traded at 1.1752 against USD at 9:00 AM PST
Eurozone consumer prices logged steady growth in November. Inflation remained unchanged at 2.1% in November. The rate remained slightly above the European Central Bank’s 2% target.
Excluding volatile energy, food, alcohol, and tobacco prices, core inflation held steady at 2.4%. Among components, food, alcohol, and tobacco prices rose at a slower pace of 2.4% following a 2.5% gain. Non-energy industrial goods prices grew 0.5% after a 0.6% increase. In contrast, services inflation rose to 3.5% from 3.4%. Energy prices dropped 0.5% after falling 0.9%. 12/17/2025 - 07:25:00 (RTTNews)
British Pounds traded at 1.3390 against USD at 9:00 AM PST
U.K. inflation slowed in November, strengthening the call for an interest rate reduction this week. The CPI rose 3.2% year-on-year, slower than the 3.6% increase in October. Monthly, the CPI dropped 0.2%, in contrast to the 0.4% rise posted in October.
Core inflation, which excludes the prices of energy, food, alcohol, and tobacco, softened to 3.2% from 3.4% in the previous month. The annual increase in CPI goods fell to 2.1% from 2.6%. Meanwhile, services’ inflation slowed only slightly to 4.4% from 4.5%.
The Bank of England (BoE) is set to announce its monetary policy decision on December 18. Markets widely anticipate a quarter-point reduction. At the November rate-setting meeting, the BoE maintained the bank rate at 4.00, which was the lowest since early 2023. The BoE has reduced the rate five times since August 2024.
Input price inflation accelerated in November, while output price growth softened. Input prices rose 1.1% year-on-year in November, up from a rise of 0.8% in October. At the same time, output price growth slowed to 3.4% from 3.6%. Monthly, input prices logged an increase of 0.3% after remaining flat. At the same time, output prices posted a steady rise of 0.1%. 12/17/2025 - 08:09:00 (RTTNews)
This market update is prepared by Cathay Bank for informational purposes only and does not constitute any form of legal, tax or investment advice, nor should it be considered an assurance or guarantee of future exchange rate movements or trends. This information is provided without regard to the specific objectives, financial situations or needs of any recipient. Cathay Bank does not make any representations or warranties about the accuracy, completeness or adequacy of this market update.
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