🏦📊ECB-BoJ Spread Widens to 150Bps: Cable FX Macro

**As seen in Online Tools>Interest Rate Probability, get access now! cablefxm.co.uk

• Noting weekly changes in pricing:

• Fed December rate cut bets were trimmed by 2bps, a small change despite the tier-1 data released last week

• ECB December rate cut bets were unchanged, swaps pricing steady at 30bps, meaning there's about 20% chance of a 50bps rate cut

• BoJ pricing pencils 13bps worth of rate hikes for December, a 2bps increase from the prior week.