FX Rate Updates 
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
EUR/USD shows signs of recovery on Friday as market participants gain confidence that the Federal Reserve may lower interest rates following the publication of the most recent inflation report in the United States. Currently, the pair is trading at 1.1697, reflecting an increase of 0.27%. Core PCE inflation stays below 3%, increasing the likelihood of … Read more
The USD/JPY pair moderated its rise on Friday, finding stability around 149.69 – near its lowest point in almost two months. The yen continued to face pressure due to the overall strength of the US dollar, driven by strong economic data that moderated expectations for significant easing by the Federal Reserve. Recent figures highlighted the … Read more
EUR/USD experienced a significant decline, falling sharply below 1.1700 on Thursday. This movement has pushed the currency pair beneath two critical technical support levels, indicating potential for additional downward movement. The robust employment figures from the United States led to a decline in the Euro’s value. Currently, the pair is trading at 1.1667, reflecting a … Read more
The GBP/USD pair is currently experiencing downward pressure, trading at approximately 1.3460, as it navigates a landscape of opposing influences. In the UK, Bank of England Governor Andrew Bailey indicated that inflation is anticipated to decrease next year while affirming that the central bank’s policy will continue to be restrictive. He highlighted a deteriorating labor … Read more
EUR/USD declines on Wednesday, decreasing by 0.66% as the Greenback strengthens after Tuesday’s speech by Fed Chair Jerome Powell, who expressed caution about hastily lowering interest rates. The currency pair is currently trading at 1.1738, following a daily peak of 1.1819. Powell emphasizes a balanced dual mandate, highlighting the risks to employment and inflation. US … Read more