News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD Surges Past 1.1800 as Yen Intervention Hits Dollar
EUR/USD experiences significant upward movement towards the end of the North American trading session on Friday, following speculation regarding a potential intervention in the foreign exchange markets aimed…
FX News USD/JPY edges up to near 158.50 before BoJ rate decision
The USD/JPY pair shows slight upward movement around 158.45 in the early hours of the Asian session on Friday. The Japanese Yen experiences a decline against the US…
FX News EUR/USD Soars Past 1.1740 as Trump Backs Off Tariff Threats
EUR/USD rises for the second consecutive day this week, increasing by more than 0.50% as the Dollar weakens, even in light of robust US economic data released today.…
FX News USD/JPY Volatility Builds Ahead of BoJ Policy Decision
The market has clearly expressed its discomfort with rising interest rates in Japan, as traders continue to apply pressure on bond markets in Tokyo. The USD/JPY pair fluctuated…
FX News EUR/USD dips as Trump backs off tariff threats
EUR/USD experienced a decline late Wednesday in the North American session, showing losses exceeding 0.30% as US President Donald Trump held back from his threats to impose tariffs…
FX News GBP/USD Rises as US Dollar Weakens
On Wednesday, GBP/USD held steady at 1.3436. The British pound found support amid a sell-off in the US dollar, driven by escalating trade tensions between the US and…
FX News EUR/USD Soars to 1.1725 as Trump Tariff Fears Fade Cash
EUR/USD experiences a rally for the second consecutive day, achieving gains exceeding 0.69% as the US Dollar is sidelined in light of US President Trump’s threats to impose…
FX News USD/CHF falls to 0.7950 due to Trump’s tariff threats
The USD/CHF pair continues to experience downward movement, trading in negative territory for the third consecutive day at approximately 0.7960 during the early European trading hours on Tuesday.…
FX News EUR/USD Soars Past 1.1640 as Trump Intensifies US–EU Trade Tensions
EUR/USD moves upward on Monday, increasing by over 0.40% as traders move away from the US Dollar due to a decline in risk appetite. This shift follows Trump’s…
FX News GBP/USD approaches 1.3400 amid Trump’s tariff threats
The GBP/USD pair is experiencing upward momentum, reaching approximately 1.3400 in the early hours of the Asian session on Monday. The US Dollar is experiencing a decline in…
FX News EUR/USD dips to 1.1600 as strong US data cools Fed easing expectations
The EUR/USD pair experiences a decline despite the Dollar reducing some of its previous gains on Friday, influenced by robust US economic data released throughout the week, which…
FX News USD/JPY falls as market news affects the Yen
The USD/JPY pair declined to 158.16 on Friday, reflecting the Japanese yen’s ongoing recovery from earlier in the week. Market participants are paying close attention to the forthcoming…