News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD dips under 1.1800 as Fed Minutes turn hawkish
EUR/USD declines to approximately 1.1785 during the early Asian session on Thursday. Multiple officials from the Federal Reserve indicated that additional tightening could be necessary should inflation remain…
FX News USD/JPY modestly higher as data and predictions balance Market
On Wednesday, the USD/JPY experienced an increase, reaching a level of 153.50. The yen relinquished a portion of the gains achieved in the prior session, notwithstanding robust foreign…
FX News EUR/USD Holds Steady as Iran Talks Continue
The EUR/USD pair experienced a slight decline during the North American session, hitting a daily low of 1.1804. This movement was influenced by a risk-off sentiment that supported…
FX News USD/JPY Tests 152 Support as Dip Buyers Watch
The USD/JPY pair is experiencing some support beneath, as market participants assess the sustainability of the 152-yen level in maintaining upward momentum. The US dollar experienced a slight…
FX News EUR/USD Perspective Before FOMC Minutes
The exchange rate between the euro and the dollar remained stable within a tight range on Monday morning as market participants reacted to the latest macroeconomic data from…
FX News GBP/USD Set for a Rebound Before UK Inflation Data
The GBP/USD exchange rate fluctuated following a report indicating that the UK economy experienced a slowdown in the fourth quarter of the previous year. The asset maintained a…
FX News EUR/USD Steady Before US Inflation Report
EUR/USD concluded the week at 1.1868, maintaining a tight sideways range for the fourth consecutive session. The market is currently employing a wait-and-see strategy in anticipation of the…
FX News USD/CHF approaches 0.7700 as US CPI inflation data loom
The USD/CHF exhibits strength near 0.7700 during the early European session on Friday. In January, US job growth exhibited an unexpected acceleration, which has moderated expectations for further…
FX News EUR/USD dips as US jobs data cuts Fed rate cut hopes
The euro against the dollar sees a drop, hovering around 1.1860 in the early hours of the European session on Thursday. The favorable US jobs report tempers predictions…
FX News GBP/USD stays strong above 1.3600 as UK GDP data approaches
The GBP/USD pair is showing an upward movement around 1.3635, breaking a two-day decline during the early European session on Thursday. The initial estimate of the UK’s Gross…
FX News EUR/USD Pulls Back as Hawkish Fed Weigh on Rate-Cut Hopes
The EUR/USD pair pulls back beneath 1.1900 on Wednesday as the Greenback rebounds following a robust jobs report from the United States, highlighting the economy’s resilience. Currently, EUR/USD…
FX News USD/JPY Slips to 153 Ahead of US Jobs Data
The USD/JPY pair declines to approximately 153.15 during the early European session on Wednesday. Market participants speculate that Japan’s Prime Minister Takaichi may adopt a more fiscally responsible…
