FX Rate Updates 
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 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
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
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
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
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
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
The Pound Sterling continues its upward trajectory for the third consecutive day on Tuesday, rising by 0.20% as investors divest from the US Dollar due to concerns regarding a potential US government shutdown. The current trading value of GBP/USD stands at 1.3461 as of this moment. Pound Sterling rises above 1.3460 as concerns over US … Read more
EUR/USD experiences an increase of more than 0.20% on Monday, driven by concerns regarding a potential government shutdown in the US. Meanwhile, Eurozone data indicates an improvement in sentiment, yet it did not provide sufficient momentum to elevate the shared currency further. Currently, the pair is trading at 1.1726, having reached a daily low of … Read more
The GBP/USD pair shows upward movement on Monday as the US Dollar relinquishes some of the gains achieved last week, with a packed economic calendar in the US on the horizon. The currency pair is currently trading at 1.3430, reflecting an increase of 0.24%. Sterling appreciates as the Fed is anticipated to implement two rate … Read more