News
Exchange-rate news and market analysis from the FxRate desk.
FX News GBP/USD Rises, Key Resistance at 1.3550
GBP/USD shows resilience around 1.3510 during the Asian session on Tuesday. The anticipation of a gradual monetary easing path by the BoE in 2026 bolsters the Pound Sterling.…
FX News EUR/USD stays firm above 1.1750 as traders anticipate FOMC Minutes
EUR/USD remains stable near 1.1770 during the early Asian session on Tuesday. US Pending Home Sales increased by 3.3% month-over-month last month, surpassing expectations. Market participants prepare for…
FX News GBP/USD Dips Under 1.3500, Yet Maintains Bullish Momentum
GBP/USD shows a decline, trading at approximately 1.3485 during the early European session on Monday. The favorable perspective for the pair remains intact as the price sustains its…
FX News USD/JPY Consolidates as Key Support and Resistance Come into Focus
It is anticipated that the most probable scenario for USD/JPY, at least in the upcoming weeks, could involve a sideways movement as the pair establishes a range of…
FX News EUR/USD Targets 1.1800 as Holiday Trading Kicks Off
Euro bulls made an effort to drive the EUR/USD pair closer to the significant resistance level at 1.1800 and are maintaining their gains as Wednesday’s session begins. The…
FX News GBP/USD Strengthens Above 1.3500 as BoE Hints at Easing
GBP/USD rises to approximately 1.3510 in the early European session on Wednesday. The BoE interest rate is expected to follow a steady decline. Market participants prepare for the…
FX News EUR/USD Soars to 1.1760 as Fed Easing Pressures Dollar
EUR/USD edges higher during the North American session, up 0.42% amid growing speculation that the Federal Reserve would continue easing policy, amid a scarce economic docket on both…
FX News GBP/USD Remains Range-Bound with Mild Downside Bias
The most recent UK GDP figures indicated an annualised growth rate of 1.3%, aligning with market forecasts and marginally lower than the prior reading of 1.4%. The report…
FX News EUR/USD rises to 1.1760 as Fed easing pressures Dollar
EUR/USD is experiencing a modest increase during the North American session, rising by 0.42% as speculation mounts regarding the Federal Reserve’s potential continuation of easing policy, coinciding with…
FX News GBP/USD Holds Range After US Data and BoE Rate Cut
The GBP/USD exchange rate exhibited stability within a narrow band following the release of the latest employment and inflation data from the United States, as well as the…
FX News EUR/USD hovers around 1.1700 after ECB decision
The EUR/USD pair fell to approximately 1.1700 following the European Central Bank’s decision to keep key interest rates steady, a move that was largely expected and offered minimal…
FX News USD/CHF Holds Firm After Soft US CPI
The USD/CHF pair demonstrated strength following the release of soft U.S. CPI data, supporting a range-bound yet constructive outlook. Central bank dynamics continue to point toward potential downside…
