News
Exchange-rate news and market analysis from the FxRate desk.
FX News USD/CHF Stays Around 0.8190 as Mideast Tensions Ease
USD/CHF maintains its position as the US Dollar exhibits stability amid a reduction in safe-haven demand. Trump declared the war “effectively over,” indicating a cessation of further strikes…
FX News USD/CAD Tests Channel Support as Hawkish Fed Signals Persist
USD/CAD may encounter preliminary support at the nine-day EMA of 1.4062. The 14-day Relative Strength Index stands at 56, suggesting a favourable momentum that is not yet in…
FX News EUR/USD Rebounds Toward 1.1150 on ECB Rate Hike Signals and 4% Inflation
The EUR/USD pair experiences an upward movement, driven by robust comments from ECB policymakers and a 4% inflation rate in the Eurozone, which enhances the likelihood of a…
FX News USD/CAD Holds Near 1.4110 as Strong US Payrolls Offset Oil Slump
USD/CAD may appreciate in response to increasing expectations of a December Federal Reserve rate hike, bolstered by robust employment figures. Market participants are closely monitoring the impending US…
FX News USD/JPY Dips Toward 158.25 as Hawkish BoJ Minutes Counter US Jobs Strength
USD/JPY has declined to approximately 158.25 during the early hours of the Asian trading session on Monday. The minutes from the BoJ meeting indicated that policymakers are ready…
FX News AUD/USD Gains Ground Toward 0.6890 Following Chinese Inflation Data
AUD/USD maintains its strength as China’s Consumer Price Index increased by 0.7% year-on-year in October, slightly below the anticipated 0.8% increase. The US Dollar experiences a decline, even…
FX News EUR/USD Falls to 1.1215 as Hawkish ECB Offsets Losses
The EUR/USD pair experiences a decline, settling at approximately 1.1215 during the early Asian trading session on Friday. Hawkish remarks from ECB policymakers could potentially mitigate the Euro’s…
FX News USD/CAD Holds at 1.4010 as Oil Rises Against Dollar Before NFP
USD/CAD exhibits minimal movement as the rebound in WTI prices bolsters Canada’s export revenues. Democratic election victories have led to expectations of gridlock, while simultaneously fostering hopes for…
FX News USD/CHF Rises as Safe-Haven Demand Supports Franc
The Swiss Franc strengthens as market caution and expectations of political gridlock drive safe-haven demand. The upside for the greenback appears constrained as US bond yields decline and…
FX News AUD/USD Falls as RBA Signals Possible December Rate Pause
The RBA raised interest rates to 4.85%, yet a split vote indicates a possible pause in December. High Australian inflation persists; however, the less hawkish guidance from the…
FX News AUD/USD Rises to 0.7010 as Australian Trade Surplus Jumps
Australia’s September Trade Surplus expanded notably to A$2,826M, propelled by increasing exports and decreasing imports. The US Dollar experienced a decline as concerns over political gridlock intensified in…
FX News EUR/USD Hits 1.1245 as Eurozone Inflation Reaches 4%
The EUR/USD pair has strengthened, reaching its highest level in nearly a month, approximately 1.1245, during the early session on Thursday in Asia. Democrats gained control of both…
