News
Exchange-rate news and market analysis from the FxRate desk.
FX News USD/CHF Extends Winning Streak Toward 0.8360 on Fed Rate Hike Bets
The USD/CHF pair experiences an upward movement as the Greenback maintains its stability amid expectations for a December rate hike by the Federal Reserve. CME FedWatch indicates that…
FX News EUR/USD Slides Toward 1.1050 on US Inflation Data and Fed Rate Hike Bets
The EUR/USD pair experiences a decline as robust US Consumer Price Index data enhances expectations for a Federal Reserve rate increase in December. Increasing oil prices linked to…
FX News USD/CAD Holds Near 1.4250 on Fed Rate Hike Bets and Falling Oil Prices
USD/CAD remains steady as robust US CPI data enhances expectations for a December Fed rate hike. Strong US CPI data has bolstered anticipations for a Federal Reserve rate…
FX News AUD/USD Climbs to 0.6810 Before Fed Rate Hike Speculations
AUD/USD drifts higher to near 0.6810 in Friday’s early Asian session. Hawkish remarks from Federal Reserve officials have heightened market expectations for a rate increase in December. Market…
FX News EUR/USD Hovers Near 1.1095 Ahead of Fed and ECB Rate Bets
EUR/USD is experiencing modest gains, hovering around 1.1095 during the early Asian session on Thursday. Fed Waller indicates a probable rate hike in December, suggesting the possibility of…
FX News AUD/USD Hits 10-Month Low Near 0.6840 on Hawkish Fed
AUD/USD declines as the US Dollar strengthens following hawkish remarks from the Federal Reserve, which bolster expectations for a rate hike in December. Australia’s Consumer Inflation Expectations hold…
FX News USD/CAD Holds Near 1.4250 on Hawkish Fed and Falling Oil
USD/CAD may experience an increase as stronger US inflation data and assertive remarks from the Federal Reserve enhance expectations for a rate hike in December. Declining crude oil…
FX News GBP/USD Steady Near 1.3275 on Hawkish BoE and Fed Bets
GBP/USD remains stable around 1.3275 during the early Asian session on Thursday. BoE’s Greene asserts that it is fitting to take proactive measures in tightening our monetary policy…
FX News USD/CHF Advances Near 0.8260 as Sticky US CPI Fuels Fed Hike Bets
Stronger US inflation data propels market expectations toward an 85% likelihood of a December Fed rate hike. The safe-haven US Dollar is experiencing gains, yet it may face…
FX News USD/CAD Advances Toward 1.4190 on Sticky US CPI
The USD/CAD pair exhibits an upward movement as the US Dollar appreciates in response to elevated US CPI inflation figures. The CME FedWatch Tool indicates a probability of…
FX News AUD/USD Breaks Below 0.6900 as Sticky US CPI Fuels Fed Hike Bets
AUD/USD has experienced a decline of 0.88%, falling beneath the significant threshold of 0.6900. Core CPI increases by 0.3% month-over-month, prompting Waller to issue a warning regarding a…
FX News USD/JPY Firms Near 158.90 as US CPI Offsets BoJ Rate Hike Talk
The USD/JPY pair exhibits strength as elevated US CPI figures counterbalance diminished demand for safe-haven assets, coinciding with a reduction in tensions between the US and Iran. BoJ…
