News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD Dips Below 1.1800 on Robust PMI Data
The EUR/USD pair has declined for the second consecutive day, falling by 0.49%. This movement follows last Friday’s sell-off in metals, which bolstered the Greenback at the expense…
FX News GBP/USD steady around 1.3700 as markets evaluate Warsh’s Fed view
GBP/USD remains steady at approximately 1.3695 during the early Asian session on Monday. Anticipations regarding Warsh’s stance being more hawkish compared to other possible candidates may support the…
FX News EUR/USD Dips as Hot US PPI Fuel Dollar Surge
The EUR/USD pair experienced a decline during the North American session, falling by 0.75%. This movement is attributed to a broader strengthening of the US Dollar, influenced by…
FX News GBP/USD dips to 1.3750 as US Senate advances budget deal
GBP/USD shows a decline, trading near 1.3760 during the early European session on Friday. The US Senate is preparing to deliver a spending agreement to the House as…
FX News EUR/USD Surges Past 1.1950 Amid US Trade Policy Woes
The EUR/USD pair advances to approximately 1.1965 in the early Asian session on Friday. Unpredictable US trade policy and concerns regarding the independence of the Federal Reserve exert…
FX News USD/CHF Plummets to 0.7650 Amid US Trade Policy Woes
The USD/CHF pair has softened to approximately 0.7650 during the early European session on Thursday. The US Dollar faces pressure from unpredictable trade policy, concerns regarding the independence…
FX News EUR/USD Slips Below 1.20 as Fed Holds Rates and Backs Dollar
On Wednesday, EUR/USD experienced a decline exceeding 0.60%, trading below the 1.2000 level. This movement comes as the Federal Reserve maintains its current interest rates, with Fed Chair…
FX News USD/JPY Tests Key Support After Fed Rate Check Signals
The USD/JPY pair opened with a downside gap, extending the selling pressure that began late Friday, as traders continue to position around the broader “sell America” narrative and…
FX News EUR/USD Soars to Five-Year High Over 1.2080 as Trump Shuns Dollar
The EUR/USD surged to a new five-year high of 1.2082 on Tuesday following comments from US President Donald Trump, who indicated that he does not believe the Dollar…
FX News GBP/USD Nears Multi-Month High on Strong UK Data
The GBP/USD pair is on the rise, nearing 1.3685, which is the peak level since September 17, 2025, during the early European session on Tuesday. The Pound shows…
FX News EUR/USD Soars to 1.1870 as Dollar Dips on Geopolitical Woes
The Euro experienced an increase of over 0.39% on Monday as the Greenback showed signs of weakness, influenced by a sell-off driven by US geopolitical concerns and speculation…
FX News GBP/USD Surges Past 1.3650 on Strong UK Data
The GBP/USD pair is currently trading in positive territory, hovering around 1.3660, marking its highest level since September 17, 2025, during the early European session on Monday. The…