News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD Dips Under 1.1900 as Hawkish Fed Pushes Back Cash
The Euro experiences a decline during the North American session, dipping below the 1.1900 mark against the Greenback. This movement comes as certain Federal Reserve officials express reservations…
FX News GBP/USD dips under 1.3700 amid UK political concerns
The GBP/USD pair is presently experiencing a decline, trading around 1.3685 during the European session on Tuesday. The Pound Sterling is experiencing a slight decline against the US…
FX News EUR/USD Surges Above 1.1900 as China Treasury News Hits US Dollar
EUR/USD experienced a rally exceeding 0.80% on Monday, as the Greenback remained stable in the wake of recent developments indicating that Chinese authorities advised financial institutions to reduce…
FX News GBP/USD dips close to 1.3600 as BoE signals more rate cuts
GBP/USD declines to approximately 1.3610 during the early Asian session on Monday. The BoE emphasized that the policy will continue on a “gradual downward path,” impacting the Pound…
FX News EUR/USD Bounces Back as Risk Appetite Weakens Dollar
The Euro experienced a brief recovery on Friday against the Greenback, which had a fleeting rally lasting only two days, but ultimately lost Thursday’s gains on Friday, as…
FX News GBP/USD Declines Following Bank of England’s Decision
The British pound experienced a notable decline on Yesterday following the Bank of England’s policy decision, while the U.S. dollar continued to recover from prior weakness. GBP/USD moved…
FX News EUR/USD falls following ECB hold as risk-off flows boost USD
The Euro continues to decline on Thursday following the European Central Bank’s decision to keep rates steady in a rather uneventful monetary policy meeting. The jobs data in…
FX News GBP/USD Faces Pressure Amid Bank of England Signals
The GBP/USD exchange rate declined to 1.3627 on Thursday. Market participants are closely monitoring the results of today’s Bank of England meeting. The expectation is for a decline…
FX News EUR/USD Dips on Strong US Services Data
The Euro experiences a decline in the North American session, decreasing by over 0.10% as the Dollar rebounds from the losses incurred on Tuesday. Robust US business activity…
FX News USD/JPY Surges Past 155.50 Amid Japan’s Political Turmoil
The USD/JPY pair exhibits strength, approaching 155.85 during the early hours of the Asian session on Wednesday. Market participants are exercising caution in anticipation of Japan’s upcoming snap…
FX News EUR/USD Decline Halted as Markets Brace for Employment Data
EUR/USD remained stable at 1.1803 on Tuesday following a significant decline over the past two days. Robust US macroeconomic indicators and the Federal Reserve’s updated outlook on monetary…
FX News USD/CHF dips under 0.7800 as US shutdown stirs uncertainty
USD/CHF has weakened to approximately 0.7780 during the early European session on Tuesday. The House is set to vote on the government funding bill on Tuesday, as a…
