The post GBP edges lower in early NA trade – Scotiabank appeared on BitcoinEthereumNews.com. The Pound Sterling (GBP) trades slightly lower versus the US Dollar (USD), consolidating after a strong budget-driven rally. With key UK data due later in the week and the December 18 BoE meeting approaching, market attention remains on guidance for the 2026 rate path, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. BoE rate outlook adds uncertainty “The pound is entering Monday’s NA session with a fractional decline vs. the USD as it trades somewhat defensively from the mid-1.33s following its impressive budget-driven rally from late November. Fundamental releases have been limited, and this week’s data are concentrated toward the end of the week with industrial production and trade scheduled for Friday.” “BoE headline risk is elevated ahead of the December 18 rate decision, despite broad expectations for a 25bpt cut, as market participants consider the outlook and guidance around the rate path for 2026. Markets are currently pricing in one additional 25bpt cut by June however the latest communication from policymakers has highlighted risk to both sides.” Source: https://www.fxstreet.com/news/gbp-edges-lower-in-early-na-trade-scotiabank-202512081354The post GBP edges lower in early NA trade – Scotiabank appeared on BitcoinEthereumNews.com. The Pound Sterling (GBP) trades slightly lower versus the US Dollar (USD), consolidating after a strong budget-driven rally. With key UK data due later in the week and the December 18 BoE meeting approaching, market attention remains on guidance for the 2026 rate path, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. BoE rate outlook adds uncertainty “The pound is entering Monday’s NA session with a fractional decline vs. the USD as it trades somewhat defensively from the mid-1.33s following its impressive budget-driven rally from late November. Fundamental releases have been limited, and this week’s data are concentrated toward the end of the week with industrial production and trade scheduled for Friday.” “BoE headline risk is elevated ahead of the December 18 rate decision, despite broad expectations for a 25bpt cut, as market participants consider the outlook and guidance around the rate path for 2026. Markets are currently pricing in one additional 25bpt cut by June however the latest communication from policymakers has highlighted risk to both sides.” Source: https://www.fxstreet.com/news/gbp-edges-lower-in-early-na-trade-scotiabank-202512081354

                                                                               Colombians will soon be able to receive and store USDC through MoneyGram’s new crypto app, which is launching soon in app stores.                     MoneyGram’s digital payments app is set to launch in Colombia, offering locals a way to save in US dollar stablecoins as the Colombian peso continues to weaken.MoneyGram’s crypto service is powered by the Stellar network and leverages Crossmint for self-custody, enabling users to store the USDC (USDC) stablecoin and transfer it overseas nearly instantly. In a statement on Wednesday, MoneyGram said Colombia is the “ideal launch market” as Colombian families receive more than 22 times the money they send abroad.Read more