FX Rate News

GBP/USD hovers around 1.3160 as traders anticipate NFP and UK CPI

The Pound Sterling remains stable on Tuesday as traders express concerns regarding the economic outlook in the US, while market participants focus on the upcoming NVIDIA earnings for Q3, contributing to a decline in US equity markets. The GBP/USD is currently positioned at 1.3156, reflecting minimal movement. GBP/USD remains stable as market participants evaluate US … Read more

FX Rate Updates

EUR/USD Drops Under 1.1600 as Dollar Gains Ground Before US NFP

The EUR/USD experiences a decline during the North American session, down 0.30%, as the Greenback benefits from a robust recovery amid speculation that the Federal Reserve may maintain rates at their current level. The pair is currently at 1.1589, having peaked at a daily high of 1.1624. EUR/USD has pulled back to 1.1589 as market … Read more

FX Rate Updates

USD/JPY Soars as Japan Pushes for Dovish Strategy

The USD/JPY pair rose to 154.72 on Monday, approaching its peak levels since February, even in light of Japanese economic data that exceeded expectations. Japan’s GDP experienced a contraction of 0.4% quarter-on-quarter in Q3 2025, marking a reversal from the 0.6% growth observed in Q2. Nonetheless, this result surpassed the 0.6% decrease projected by economists. … Read more

FX Rate Updates

EUR/USD Holds Steady at 1.1600 Amid Weekly Dip

The EUR/USD concluded Friday with a decline of 0.10%, yet the week wrapped up positively with an increase of 0.51%, as risk appetite waned due to rising speculation regarding a potential pause in the Federal Reserve’s easing cycle next month. Nonetheless, the pair concluded above the 1.1600 level, setting the stage for additional upward movement. … Read more

Fx Rate

GBP/USD Stuck at Seven-Month Lows Due to Fiscal Worries

The GBP/USD pair experienced a decline to 1.3149 on Friday, remaining close to a seven-month low. The sell-off was initiated by the government’s sudden decision to forgo plans to increase income tax rates prior to the Autumn Statement on 26 November. Prime Minister Keir Starmer and Chancellor Rachel Reeves have eliminated the previously discussed hikes … Read more

FX Rate Updates

EUR/USD Soars to Two-Week Peak Over 1.1650 as Dollar Dips

The EUR/USD pair rises above the 1.1600 level on Thursday, hitting a two-week high of 1.1656, yet faces challenges in surpassing the important resistance point of the 50-day Simple Moving Average at 1.1661. Catalysts such as the reopening of the US government and high US Treasury yields failed to bolster the US Dollar, which continued … Read more

Fx Rate News

GBP/USD Climbs Near 1.3200 as US Reopening Pressures USD

The Pound Sterling is gaining ground due to widespread weakness in the US Dollar as the US government reopens, which will reveal a series of economic data for traders and the Federal Reserve. GBP/USD is currently positioned at a two-week peak of 1.3197, reflecting an increase of 0.46%. GBP/USD reaches a two-week peak at 1.3197 … Read more

FX Rate Updates

EUR/USD Holds Below 1.16 as Traders Anticipate US Shutdown Vote

The Euro remains steady for the second consecutive day, failing to breach the 1.1600 level as risk appetite strengthens in light of the upcoming re-opening of the US government, following the House of Representatives’ vote on the stopgap funding bill. EUR/USD is currently stabilizing around 1.1590 as market participants anticipate the House vote on the … Read more

Fx Rate Updates

USD/JPY Stays Strong Near Nine-Month Peaks

The Japanese Yen is under pressure against the US Dollar on Wednesday, with the exchange rate trading near nine-month highs at approximately 154.64, despite a generally weaker Greenback. The Yen is facing challenges as a result of Japan’s expansionary fiscal policy and the Bank of Japan’s cautious strategy regarding the normalization of monetary policy, both … Read more

FX Rate Updates

EUR/USD climbs to 1.1590 as disappointing US data weighs on the Dollar

The Euro strengthens in the North American session, recording an increase of 0.30% as the Greenback declines following disappointing US jobs data and a shift in business sentiment towards a more pessimistic economic outlook. The EUR/USD is currently trading at 1.1590, having rebounded from daily lows of 1.1547. The EUR/USD pair experiences an upward movement … Read more