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Francesco Pesole points out that ECB hawks are sticking to their position against possible interest rate cuts despite differing views.

The European Central Bank maintains a hawkish position, limiting rate cut expectations. EUR/USD may stabilize around 1.170, influenced by U.S. dollar strength and geopolitical risks in Greenland. – vtmarketsmy.com

In December, the CPI in Hesse, Germany decreased from 2.5% to 2.2%

Germany’s inflation eased to 2.2%, impacting EUR/USD and prompting strategies like put options for downside protection. Gold consolidates amid geopolitical tensions, while Solana surges with strong ETF inflows. – vtmarketsmy.com

In December, Hesse, Germany’s monthly CPI was 0.1%, compared to -0.2% from the previous month.

Hesse, Germany, reports a 0.1% CPI increase for December, challenging expectations of rate cuts by the ECB. This shift signals potential market volatility and opportunities in EUR/USD and equity trading. – vtmarketsmy.com

During European trading, the AUD/USD hit a yearly high of 0.6740 due to positive sentiment.

The AUD/USD pair hits a yearly high of 0.6740 due to risk-on sentiment and a weak US Dollar. Upcoming Australian CPI and US NFP data may influence future market trends significantly. – vtmarketsmy.com

Saxony’s CPI rose to 0.2% in December, recovering from a previous -0.2%

Saxony, Germany reports a CPI increase to 0.2%, signaling rising inflation. This could hint at a nationwide trend, affecting interest rates and currencies, and creating potential trading opportunities. – vtmarketsmy.com

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