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EUR-USD

EUR/USD Holds Firm Around 1.16 as Traders Anticipate US Inflation Figures

EUR/USD remains stable in the North American session on Thursday, with the Dollar showing slight gains of over 0.05% as market participants anticipate the release of September’s US inflation data. Currently, the pair is trading at 1.1617, having reached a low of 1.1585. The EUR/USD pair is currently trading at 1.1617, showing a slight increase … Read more

Fx Rate News

GBP/USD Dips on Weaker Data UK Inflation Fuels Dovish Speculation for BoE

GBP/USD experiences a pullback on Thursday, declining more than 0.21% following the recent inflation report, which has heightened the likelihood of a Bank of England rate cut by year-end. Currently, the pair is trading at 1.3326, having peaked at 1.3360. GBP/USD declines 0.21% to 1.3326 following UK inflation falling short of both BoE and market … Read more

FX Rate Updates

EUR/USD holds firm near 1.1600 as traders anticipate US CPI data

EUR/USD remains stable around the 1.1600 level on Wednesday, with a limited economic calendar on both sides of the Atlantic as market participants anticipate the postponed US Consumer Price Index report, scheduled for release on Friday. The EUR/USD pair is currently stable, hovering around the 1.1600 mark, whereas the DXY index shows a slight decline, … Read more

FX Rate Updates

GBP/USD holds firm around 1.3360 following lackluster UK CPI data

GBP/USD remains stable in the North American session on Wednesday after the recent inflation report from the United Kingdom, which caused a slight decline in the Pound Sterling, as expectations for additional easing by the Bank of England have risen. The pair is currently trading at 1.3362, remaining virtually unchanged after a decline to 1.3305 … Read more

FX Rate Updates

EUR/USD falls to 1.16 as Dollar rises on US–China tensions improvement

The EUR/USD pair experiences a decline during the North American session, slipping 0.31% as the US dollar maintains its strength, reflecting a sense of relief following President Trump’s moderated stance on China. The currency pair is currently trading at 1.1599, following a peak of 1.1655. The Euro declines as the DXY approaches 99.00, reflecting relief … Read more

FX Rate News

EUR/USD Dips as Trump Eases China Tariff Position

EUR/USD experiences a decline of 0.17% in the North American session on Friday, as the Greenback reduces its earlier losses following US President Donald Trump’s moderation of his trade rhetoric concerning China. The currency pair is currently trading at approximately 1.1666, following a daily peak of 1.1728. Trump states that elevated tariffs on China are … Read more

Fx Rate News

GBP/USD dips to 1.34 as Trump eases China tensions

The GBP/USD pair experiences a pullback on Friday, following its peak of 1.3471 reached earlier in the week, coinciding with US President Donald Trump’s remarks that high tariffs on China are “not sustainable.” As a result, the Greenback showed an uptick, as indicated by the pair, trading above the 1.3415 level, down 0.12% for the … Read more

Fx Rate News

GBP/USD Rises as Bessent Eases US Position

The GBP shows signs of recovery, increasing by 0.60% against the USD on Wednesday during the North American session, attributed to a reduction in China-US tensions following remarks from US Treasury Secretary Scott Bessent. As of the current analysis, GBP/USD is trading at 1.3396 following a rebound from daily lows of 1.3309. Bessent proposes an … Read more

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