FX Rate News

USD/CHF Trapped Near Annual Lows Under 0.8000

The United States Dollar to Swiss Franc exchange rate is now trading close to its yearly lows of 0.7980. The 20-day Simple Moving Average is located at 0.7951, and the 50-day SMA is located at 0.8008. Both of these SMAs provide support on the downside. There has been very little movement in the pair’s position, … Read more

FX Rate Updates

EUR/USD slides on French political shock, closure lifts Dollar

EUR/USD experiences a pullback in the North American session, influenced by political instability in France and the strengthening of the US Dollar, coinciding with the sixth day of the government shutdown in the US. The currency pair is currently trading at 1.1714, reflecting a decrease of 0.24%. France’s PM Sebastien Lecomu has resigned, causing unease … Read more

Fx Rate

GBP/USD unchanged as US closure enters sixth day

The Pound Sterling is holding steady during the North American session on Monday, as the US government shutdown enters its sixth day. This situation has resulted in financial markets operating without clear guidance, given the absence of economic data. GBP/USD is currently trading at approximately 1.3474, showing little to no movement. Market participants prepare for … Read more

EUR-USD

EUR/USD stabilizes after Fed split offsets shutdown drag

EUR/USD is currently in a consolidation phase on Friday, reflecting a subdued trading environment attributed to the absence of new catalysts, influenced by a US government shutdown that appears likely to continue beyond the current week. The currency pair is currently trading at 1.1738, reflecting an increase of 0.28% as of the time of this … Read more

Fx Rate News

GBP/USD increases as the US shutdown and the Fed data gap deepen

The Pound Sterling has appreciated approximately 0.26% against the US Dollar on Friday, coinciding with the US government entering its third day of shutdown and foregoing the release of Nonfarm Payroll figures for September. The Purchasing Managers Index, along with data from S&P Global and ISM in the US, serves as the primary catalysts for … Read more

FX Rate Updates

EUR/USD stabilizing as US shutdown investors flock to dollar

EUR/USD holds its ground in the North American session on Thursday, although it has experienced consecutive bearish days as the US Dollar gains strength due to the ongoing government shutdown and the lack of US economic data releases such as Initial Jobless Claims. The currency pair is currently trading at 1.1719, reflecting a decrease of … Read more

FX Rate Updates

USD/JPY is on hold, but a yen rise may begin soon

The USD/JPY pair has found stability at about 147.16 on Thursday, putting an end to the recent negative trend that it has been experiencing. With demand being bolstered by a falling US dollar in the context of the prolonged shutdown of the United States government, the yen continues to maintain its status as a safe-haven … Read more

FX Rate News

EUR/USD stabilizes as dismal US jobs data balances shutdown worries

EUR/USD remains stable late in the North American session as market participants process a lackluster jobs report and overlook the implications of the US government shutdown. The absence of a consensus between the White House and Democrats would extend the shutdown and postpone the release of US economic data. The pair is currently trading at … Read more

FX Rate Updates

EUR/USD finds its footing amid concerns over dollar instability

EUR/USD remains stable on Tuesday in the North American session, while the Dollar shows signs of weakness amid concerns regarding a potential government shutdown that may impede the release of essential jobs data for Federal Reserve officials. Currently, the pair is trading at 1.1735, reflecting a slight increase of 0.05%. The dollar faces pressure as … Read more