News
Exchange-rate news and market analysis from the FxRate desk.
FX News USD/JPY Climbs Toward 159.10 After Weak Japan CPI Data
USD/JPY shows resilience as it approaches 159.10 during the early Asian session on Friday. Japan’s core CPI inflation has decreased to a four-year low in April. FOMC Minutes…
FX News EUR/USD Outlook Remains Cautious Ahead of PMI Data Release
EUR/USD remains stable at approximately 1.1625 during the early Asian session on Thursday. Trump indicated that discussions with Iran are nearing completion, yet cautioned that there could be…
FX News GBP/USD Flat Ahead of UK and US PMI Data Release
GBP/USD holds steady at approximately 1.3435 in Thursday’s Asian session. The headline UK CPI saw a notable slowdown, coming in at 2.8% YoY in April, a decrease from…
FX News EUR/USD Under Pressure as Safe-Haven Demand Rises
The EUR/USD pair could experience a decline as the US Dollar, often viewed as a safe haven, strengthens in response to rising tensions in the Middle East. President…
FX News USD/JPY Near 159 Ahead of Japan CPI Data
USD/JPY remains stable around 159.05 during the early hours of Wednesday’s Asian session. Trump indicated that a new US attack could occur in the coming days if an…
FX News EUR/USD Slips as Middle East Tensions Boost Dollar
The EUR/USD pair experiences a downturn, approaching 1.1645 during the early hours of Tuesday’s Asian session. Trump indicated that he decided against a new military action in Iran…
FX News GBP/USD Falls Near 1.3415 on Political Concerns
GBP/USD has softened to approximately 1.3415 during the Asian session on Tuesday. The IMF has adjusted the UK’s growth forecast upward; however, it cautions that ongoing political turmoil…
FX News EUR/USD Slips as Iran Tensions Boost Safe-Haven Dollar
EUR/USD shows a decline, approaching 1.1615 during the early Asian session on Monday. Trump cautioned Iran that the “clock is ticking” as discussions aimed at concluding the conflict…
FX News USD/CHF Steady as Fed Bets Boost Dollar
USD/CHF remains steady at approximately 0.7870 during the early European session on Monday. The markets are currently assessing the forthcoming decision regarding the Fed’s interest rate adjustments. Trump…
FX News EUR/USD Slips as Strong US Inflation Boosts Dollar
The EUR/USD pair is witnessing a downturn, currently positioned around 1.1660 in the early hours of the Asian trading session on Friday. Recent US inflation reports, which surpassed…
