News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD Rises After Weak US Jobs Data
The EUR/USD pair experienced an increase following the release of a disappointing jobs report for February by the US on Friday. It increased to 1.1616 on Monday, rising…
FX News GBP/USD Dips Close to 1.3300 Amid Middle East Tensions
GBP/USD shows a decline to approximately 1.3300 during the early Asian session on Monday. Trump pledged to exert influence over Iran’s new leader, heightening concerns about an extended…
FX News EUR/USD Faces Pressure from Middle East Risks
EUR/USD is positioned around 1.1620 on Friday, as the US dollar is set to appreciate by roughly 1% by the week’s conclusion. The dollar is experiencing gains due…
FX News USD/CHF Gains Strength as Dollar Demand Rises
The USD/CHF pair maintains its robust position on Thursday, with overall inflows favoring the US dollar against the Swiss franc. The USD/CHF continues to demonstrate strength, suggesting a…
FX News EUR/USD dips under 1.1650 as Middle East tensions boost US Dollar
The EUR/USD pair is showing minor decreases, staying around 1.1635 in the early hours of Thursday’s Asian session. The escalation of the conflict in the Middle East boosts…
FX News USD/JPY Dips Near 156.85 as Markets Seek Safety
The exchange rate for USD/JPY declines to around 156.85 during Thursday’s Asian session. Israel has launched a new wave of strikes in Iran, raising worries about a prolonged…
FX News EUR/USD dips under 1.1700 as Middle East tensions boost US Dollar
EUR/USD experiences a decline, approaching 1.1685 during the early hours of Tuesday’s Asian session. The United States has advised its citizens to leave countries across the Middle East…
FX News GBP/USD Set for a Rebound
The GBP/USD exchange rate experienced a decline as market participants responded to the recent conflict in the Middle East and its economic implications. The value decreased to 1.3310,…
FX News EUR/USD Responds to Geopolitical Events and Data
The EUR/USD pair experienced an increase, reaching 1.1790 on Monday. The US dollar made an effort to gain strength; however, a portion of its rally was later reduced.…
FX News USD/CHF Stays Strong Around 0.7700 Amid Middle East Tensions
USD/CHF moves upward, approaching 0.7695 during the early hours of Monday’s Asian session. Rising tensions in the Middle East may lead to increased safe-haven flows. The US PPI…
FX News EUR/USD hovers around 1.1800 as traders await US PPI data
EUR/USD remains stable near 1.1800 during the early European session on Friday. The European Union has suspended the trade agreement with the United States due to uncertainties surrounding…
FX News GBP/USD Slips on UK Political Uncertainty Ahead of US PPI
GBP/USD dips to approximately 1.3485 during the early Asian session on Friday. The Gorton and Denton by-election heightens political uncertainty in the UK, putting pressure on the Pound…
