News
Exchange-rate news and market analysis from the FxRate desk.
FX News GBP/USD Gains Ahead of US Jobs Data
The GBP/USD pair is showing modest gains, trading near 1.3560 in the early hours of the Asian session on Friday. Trump indicated that the accord with Iran is…
FX News EUR/USD Rises on Strong Eurozone Data and Iran Peace Hopes
The Euro appreciates against the US Dollar for the second consecutive day on Thursday, trading at 1.1765 at the time of writing, fuelled by hopes of a peace…
FX News GBP/USD Holds Near Multi-Month High as Dollar Weakens
GBP/USD rose to 1.3599 on Thursday, as sterling approached its peak levels since mid-February in the preceding session. The pound is experiencing increased support due to a decline…
FX News EUR/USD Rises Amid Iran Ceasefire Hopes
The EUR/USD pair sees increased buying interest near 1.1720 during the Asian trading session on Wednesday, supported by a more favorable risk sentiment. US President Donald Trump announced…
FX News GBP/USD Nears 1.3600 as Hopes Rise for Quick Iran War Resolution
The Pound is experiencing a notable recovery against the US Dollar on Wednesday, achieving session highs of 1.3595 thus far, following a rebound from weekly lows around 1.3500…
FX News EUR/USD dips under 1.1700 as Iran-UAE tensions lift US Dollar
EUR/USD eases to approximately 1.1690 during the early Asian session on Tuesday. Iran executed missile and drone strikes against the UAE following a series of assaults on commercial…
FX News USD/JPY Stays Around 157.25 as Middle East Tensions Boost Dollar
The USD/JPY is currently trading in a stable manner around 157.25 during the early hours of Tuesday’s Asian session. Increasing tensions in the Middle East may strengthen the…
FX News EUR/USD Retreats Post Fed-ECB Moves, Bullish Trend Remains
The EUR/USD pair has experienced a pullback recently, declining from last month’s peak of 1.1855 to the present level of 1.1720. This retreat occurred following the latest interest…
FX News GBP/USD Jumps to 1.3580 Amid Middle East Tensions
The GBP/USD pair shows slight increases around 1.3580 in the Asian trading session on Monday. However, the possible gains for the major pair could be constrained due to…
FX News EUR/USD Soars Past 1.1700 as ECB Holds Rates Steady
EUR/USD is advancing towards the 1.1730 level in the early Asian session on Friday. The ECB maintained its current interest rates during the policy meeting held in April…
