FX Rate Updates

USD/JPY Drops as Yen Gains on Intervention Worries

The USD/JPY pair declined to 156.13 on Thursday, as the Japanese yen regained some of its recent losses amid heightened market vigilance regarding possible intervention by Japanese authorities. Market participants are considering the potential for the upcoming US Thanksgiving holiday, a period known for reduced liquidity and lighter trading conditions, to create an opportunity for … Read more

FX Rate Updates

EUR/USD approaches 1.1600 as declining claims do not alter the dovish sentiment

The EUR/USD experiences consecutive bullish sessions, driven by speculation regarding a potential rate cut by the Federal Reserve at the upcoming December meeting, subsequent to the publication of a robust jobs report. Currently, the pair is trading at 1.1595, reflecting an increase of 0.22% after recovering from daily lows of 1.1547. EUR/USD increases by 0.22% … Read more

FX Rate News

GBP/USD climbs as traders anticipate key UK budget announcement

The GBP/USD pair continued its upward movement, hitting 1.3189, as market participants anticipate the specifics of the UK budget, which is set to be unveiled today, 26 November. The focus is squarely on Chancellor Rachel Reeves and her approach to addressing the fiscal deficit while complying with the government’s established budgetary guidelines. This challenge necessitates … Read more

FX Rate Updates

EUR/USD Gains Momentum as US Data Disappoints, Dovish Sentiment Grows

EUR/USD shows a robust increase of more than 0.51% on Tuesday, driven by a declining US Dollar, as data strengthened traders’ expectations that the Federal Reserve could lower rates at the upcoming December meeting. Currently, the pair is trading at 1.1579, approaching the 1.1600 level. EUR/USD moves upward as stable PPI and disappointing Retail Sales … Read more

FX Rate Updates

USD/JPY Dips Under 156.00 Amidst Slowing US Economy

The USD/JPY pair experienced a reversal, declining by over 0.54% on Tuesday. This movement comes as investors gained confidence in the likelihood of a Federal Reserve rate cut during the December meeting, prompted by a soft US inflation report and weaker-than-anticipated Retail Sales data. As of the current analysis, the pair is trading at 155.98, … Read more

FX Rate Updates

EUR/USD Sees Mild Gains as Fed Easing Expectations Rise

EUR/USD remains stable on Monday, showing slight increases of over 0.10%, while the US Dollar consolidates in the wake of dovish remarks from Federal Reserve officials. Despite the rising expectations for a rate cut, the pair is currently trading at 1.1525, having reached a daily high of 1.1550. EUR/USD moves upward as the US Dollar … Read more

Fx Rate

GBP/USD Steady as UK Budget and US Data Loom

The GBP/USD pair is currently stable on Monday in the North American session, holding steady at approximately 1.3088 as market participants anticipate the upcoming release of the UK’s budget, with the week being shortened due to the US Thanksgiving holiday. GBP/USD remains stable as market participants anticipate the UK Autumn Budget and assess the risks … Read more

FX Rate Updates

EUR/USD Faces Pressure as USD Strengthens Amid Mixed Data

EUR/USD experiences moderate declines during the North American session on Friday as the US Dollar maintains strength following the release of mixed economic data and dovish remarks from Federal Reserve officials. The pair is currently at 1.1504, reflecting a decrease of 0.20%, following a dip to a two-week low of 1.1491. The EUR/USD pair declines … Read more

FX Rate Updates

USD/JPY falls but remains positive

The Japanese Yen appreciates against the US Dollar on Friday, as the currency pair halts a four-day winning streak following new verbal intervention warnings from Tokyo, leading to slight profit-taking. The Japanese Yen appreciates against the US Dollar on Friday, as the currency pair halts a four-day winning streak following new verbal intervention warnings from … Read more

FX Rate Updates

EUR/USD Steady Around 1.1540 as NFP Surprise Fuels Expectations

EUR/USD remains stable on Thursday following a strong jobs report from the United States, indicating that the labor market continues to be robust, even as it shows signs of softening in the latter half of 2025. At this moment, the pair is valued at 1.1533. EUR/USD stands at 1.1538, with strong US job growth offsetting … Read more