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Exchange-rate news and market analysis from the FxRate desk.
FX News USD/CHF Rises as SNB Faces Deflation Pressure
The USD/CHF pair experiences an increase after a strong US Retail Sales report bolsters the US Dollar. Stephen Miran’s resignation from the Fed Board creates an opportunity for…
FX News EUR/USD Climbs on Hawkish ECB Signals and Inflation Focus
EUR/USD experiences a rebound, reaching approximately 1.1720 during the early Asian session on Thursday. The European Central Bank is anticipated to increase its deposit rate in the upcoming…
FX News GBP/USD Holds Steady Ahead of UK GDP Data Release
GBP/USD stabilizes as market participants anticipate the preliminary Q1 UK Gross Domestic Product data set to be released on Thursday. Market participants are closely monitoring developments from the…
FX News EUR/USD Slips as Hot US Inflation Boosts Dollar
EUR/USD weakens to approximately 1.1735 during the early Asian session on Wednesday. The US Consumer Price Index increased by 3.8% year-over-year in April, marking the highest level since…
FX News USD/JPY Gains as Yen Weakens on BOJ
The USD/JPY pair experiences an increase as the Japanese Yen depreciates in response to the publication of Japan’s current account surplus figures. The OECD anticipates that the Bank…
FX News EUR/USD Weakens Ahead of US Inflation Data
The EUR/USD pair has shown a decline, trading at approximately 1.1775 during the early hours of Tuesday’s Asian session. Trump indicated that the US-Iran ceasefire was in a…
FX News GBP/USD Falls Amid Rising Risk-Off Sentiment
GBP/USD is experiencing a decline, currently hovering around 1.3590 in the early hours of Tuesday’s Asian session. The rejection of Iran’s peace proposal by Trump has heightened risk-off…
FX News EUR/USD Slips as Safe Haven Dollar Gains Strength
In the early Asian session on Monday, the EUR/USD pair has shown a decline, approaching the level of 1.1765. Trump dismissed Iran’s reply to a US initiative aimed…
FX News USD/JPY Rises as Safe Haven Dollar Gains Strength
The USD/JPY pair experiences a modest ascent, approaching 157.15 during the early hours of the European session on Monday. Trump dismissed the latest Iran peace proposal, labeling it…
FX News EUR/USD climbs past 1.1700 on US-Iran peace hopes
The EUR/USD pair is showing a modest increase, trading near 1.1730 in the early hours of the Asian session on Friday. Growing optimism surrounding a potential peace agreement…
