Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
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.
