Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Chart - Courtesy Trading View
EUR/GBP spiked over 0.95% and was trading at 0.8575 at around 12:25 GMT.
The single currency buoyed across the board after the European Central Bank (ECB) announced a 50 basis points rate hike.
Markets were expecting the ECB to hike its rates by 25 bps and the move saw a knee jerk reaction across euro crosses.
Focus remains on the post-meeting press conference, Lagarde's comments might infuse some volatility.
Technical indicators have turned bullish. Price action is testing cloud top resistance. Breakout will buoy the pair higher.
