FX Rate Updates

EUR/USD continues to decline for the third consecutive day, decreasing by 0.32% as the US government shutdown persists. Additionally, the minutes from the Federal Reserve’s last meeting indicate that officials are still wary of inflation, despite the easing of policy measures. Currently, the pair is trading at 1.1622, following a daily peak of 1.1661. The … Read more

The USD/JPY pair has ascended to its peak since February, currently trading at approximately 152.45. The Japanese yen has experienced a depreciation exceeding 3% this week, as selling pressure has intensified in the wake of the release of disappointing wage data. This has considerably reduced market anticipations for additional interest rate increases from the Bank … Read more

The EUR/USD pair experiences a decline on Tuesday, influenced by the ongoing political turmoil in France and the impending US government shutdown. The Dollar, having previously depreciated, is now exhibiting a notable recovery, rising by 0.52% for the day, as indicated by the US Dollar Index. The currency pair is currently trading at 1.1654, reflecting … Read more

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

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

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