News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD Climbs Toward 1.19 as Dollar Faces Tariff Pressure
The EUR/USD pair has increased for the second straight day and is nearing the level of 1.1819. Sentiment regarding the US dollar continues to face challenges due to…
FX News USD/JPY Consolidates Below 158 as Bullish Bias Persists
The USD/JPY pair is currently situated within a broader consolidation range, reflecting the ongoing dynamics of the interest rate differential as it influences the “carry trade.” The US…
FX News EUR/USD dips under 1.1800 after Fed’s hawkish comments
EUR/USD declines to approximately 1.1775 during the early hours of Wednesday’s Asian session. Federal Reserve policymakers indicated a lack of immediate inclination to alter the current framework of…
FX News USD/CHF dips under 0.7750 as Trump’s speech drags on the US Dollar
The currency pair is currently positioned in negative territory, hovering around 0.7730 in the early European session on Wednesday. The US Dollar shows a decline against the Swiss…
FX News EUR/USD stays strong near 1.1795
The EUR/USD pair remains steady at approximately 1.1795 in the early Asian session on Tuesday. The US Dollar shows signs of weakening against the Euro due to ongoing…
FX News GBP/USD Surges Above 1.3500 Amid Stronger US Dollar
The Pound Sterling is appreciating on Tuesday, despite the Bank of England Governor indicating the possibility of additional easing, in the context of ongoing uncertainty regarding US trade…
FX News USD/CHF Stuck in Range as US Trade Woes
USD/CHF faces challenges in finding direction on Monday, as disappointing Swiss economic data puts pressure on the Swiss Franc, while a weaker US Dollar restrains upward movement. Currently,…
FX News USD/JPY Softens Amid Tariff Uncertainty
USD/JPY has softened to approximately 154.35 during the early Asian session on Monday, reflecting a decline of 0.46%. Trump announced an increase in global tariffs from 10% to…
FX News EUR/USD holds steady above 1.1750 as Eurozone PMI loom
EUR/USD holds steady around 1.1770 in the early Asian session on Friday. The uncertainty surrounding the leadership of the ECB could put strain on the Euro. Market participants…
FX News GBP/USD Slide continues for fifth day
The GBP/USD exchange rate declined for the fifth consecutive day, settling at 1.3445. The deceleration in headline price growth has heightened anticipations of a forthcoming rate reduction by…
FX News EUR/USD Takes a Hit as US Dollar Gains Strength
EUR/USD on Thursday found stability at 1.1792 following a significant drop the previous day. The US dollar received backing from robust macroeconomic data and unanticipated firm signals from…
FX News GBP/USD Tests 1.35 as Dollar Strength Pressures Pound
GBP/USD declined again on Wednesday, reflecting sustained pressure on the British pound against the US dollar. The pair is now approaching the 50-day EMA and the key 1.35…
