FX Rate Updates

The British Pound is experiencing significant pressure from the ‘King Dollar’ on Friday, declining by 0.52% despite a lack of economic data from the US, with only Federal Reserve officials making headlines. The recent data, while encouraging, did not provide sufficient support for Sterling in the Retail Sales sector. The current trading value of GBP/USD … Read more

The EUR/USD pair has experienced a pullback after hitting a yearly peak above 1.1900, declining by 0.22% on Thursday. This movement follows positive economic indicators from the United States and a hawkish stance from Federal Reserve Chair Jerome Powell, which have strengthened the US Dollar. The currency pair is currently trading at approximately 1.1780, following … Read more

The Bank of England decided to keep rates constant after the Federal Reserve started its 2025 easing cycle, which caused the British pound to reverse course and fall more than 0.51% on Thursday. The GBP/USD pair is currently at 1.3551, following a daily peak of 1.3660. GBP/USD pulls back following the BoE’s 7–2 decision to … Read more

The EUR/USD is experiencing a sideways movement on Wednesday as market participants await the Federal Reserve’s monetary policy decision and Chair Jerome Powell’s subsequent press conference. As of the current moment, the pair trade is positioned at 1.1848, reflecting a decline of 0.15%. The Euro is currently valued at 1.1848 as market participants prepare for … Read more

The British Pound shows a slight increase of 0.15% against the US Dollar on Wednesday as market participants anticipate the results of the Federal Reserve’s monetary policy decision. Nonetheless, the Sterling appreciates as the inflation data in the UK supports the Bank of England’s predictions of maintaining rates on Thursday. GBP/USD is currently positioned at … Read more

The EUR/USD surged to a four-year peak of 1.1878 on Tuesday as investors moved away from the Dollar amid heightened expectations that the Federal Reserve will recommence its easing cycle this week. The currency pair is currently trading at 1.1865, reflecting an increase of nearly 0.90% as of this moment. EUR/USD experiences a significant increase … Read more

The Pound Sterling shows an increase of over 0.30% as the Greenback declines to a ten-week low, as indicated by the US Dollar Index. The Federal Open Market Committee will commence its two-day meeting on Tuesday, during which a reduction in interest rates is anticipated from the Fed. The GBP/USD is currently trading at 1.3646, … Read more

EUR/USD increased by more than 0.21% on Monday, as market participants overlooked the downgrade of France’s sovereign credit rating amid ongoing political turmoil. Nevertheless, the anticipation surrounding the first rate cut in nine months by the Federal Reserve exerted downward pressure on the US Dollar. The currency pair is currently trading at 1.1763, having rebounded … Read more

The Pound Sterling shows an upward trend during the North American session on Monday as market participants prepare to analyze the monetary policy meetings of significant central banks across the Atlantic. The anticipation of the Federal Reserve’s first rate cut in nine months, coupled with the Bank of England’s decision to maintain rates, is expected … Read more

EUR/USD holds its ground in the North American session on Friday, set to wrap up the week with slight gains exceeding 0.18% as traders prepare for the upcoming monetary policy decision from the Federal Reserve. The current trading value for the pair stands at 1.1736, showing little to no movement. The EUR/USD has seen a … Read more