FX Rate Updates

EUR/USD Steady Around 1.1540 as NFP Surprise Fuels Expectations

EUR/USD remains stable on Thursday following a strong jobs report from the United States, indicating that the labor market continues to be robust, even as it shows signs of softening in the latter half of 2025. At this moment, the pair is valued at 1.1533. EUR/USD stands at 1.1538, with strong US job growth offsetting … Read more

FX Rate Updates

GBP/USD Plummets as Dovish Data and External Pressures Mount

The GBP/USD pair saw a notable drop, hitting 1.3048 on Thursday, driven by a combination of disappointing domestic inflation data and a stronger US dollar overall. The recent decline in the pound is linked to the latest UK Consumer Price Index report, which shows that inflation has eased to 3.6% year-on-year in October, meeting expectations. … Read more

FX Rate Updates

EUR/USD Plummets as Fed Minutes Crush December Easing Hopes

EUR/USD declined by more than 0.49% on Wednesday, following the release of the Federal Reserve’s minutes, which suggested that the central bank might forgo an interest rate cut during the December meeting, as indicated. The pair is currently at 1.1524, following a daily low just below 1.1600. EUR/USD declines as the likelihood of a December … Read more

Fx Rate

GBP/USD dips to 1.3120 as weak UK CPI fuels BoE easing expectations

GBP/USD sees a minor drop on Wednesday as inflation in the United Kingdom fell in October, increasing the chances of an interest rate cut by the Bank of England in December. At present, the pair is valued at 1.3120, after reaching a high of 1.3155 earlier. GBP/USD has fallen from 1.3154 to 1.3120 as market … Read more

FX Rate Updates

EUR/USD Dips Under 1.1600 as Dollar Rises on Fear Ahead of NFP

The EUR/USD pair has moved into negative territory today, dropping below the 1.1600 level for the second day in a row amid a risk-off sentiment. Investors are currently awaiting the earnings report from NVIDIA while also processing US labor market data and orders in anticipation of Thursday’s Nonfarm Payrolls report. The currency pair is currently … Read more

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