News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD Slides as ECB Holds Steady and US Inflation Eases
EUR/USD experienced a pullback on Thursday following a packed economic schedule across both sides of the Atlantic. The recent inflation data in the US, coupled with the European…
FX News GBP/USD Volatile Ahead of BoE Decision as Dollar Flows Dominate
GBP/USD exhibited volatility in anticipation of the Bank of England’s decision, as market participants concentrated on forward guidance instead of the anticipated rate cut. Price action indicates that…
FX News EUR/USD Steady as Dollar Strengthens and EZ Inflation Cools
EUR/USD remains steady near its opening price from Wednesday, approximately 1.1750, showing little movement in light of a limited economic calendar in the US that has seen a…
FX News USD/CHF Surges Past 0.7950 on US Dollar Strength
The USD/CHF pair is currently positioned in positive territory at approximately 0.7960 during the early European session on Wednesday, supported by a rebound in the US Dollar. However,…
FX News EUR/USD hovers around 1.1750 as weak US jobs reinforce Fed’s easing stance
EUR/USD remains steady at approximately 1.1750, showing little movement following the recent US jobs report, which bolstered the likelihood that the Federal Reserve may persist with its easing…
FX News USD/JPY Holds Key Support as Carry Trade Favors Dollar Strength
The USD/JPY pair exhibits some indecision following an initial surge, yet the prevailing support levels and yield differentials remain advantageous for the dollar. Carry trade dynamics and structural…
FX News EUR/USD holds above 1.1700 as a weaker Dollar influences NFP outlook
EUR/USD remains stable above the 1.1700 level on Monday as the US Dollar shows signs of weakness, with market participants anticipating the upcoming Nonfarm Payrolls report on Tuesday.…
FX News USD/CHF hovers around 0.7950 as traders anticipate US employment data
The USD/CHF remains stable around 0.7960 in the early European session on Monday. Nonetheless, the possible upside for the pair could be constrained as market participants adopt a…
FX News EUR/USD holds steady around 1.1740 as Fed hints at easing pause
EUR/USD remains steady at approximately 1.1741 on Friday, showing little movement, as a series of Federal Reserve officials make statements, following the 25 basis points rate cut announced…
FX News USD/JPY Finds Support as BOJ Stays Dovish
The USD/JPY experienced a significant decline, subsequently bouncing back from the 155 level, which remains a robust support point. The Bank of Japan’s decision to refrain from tightening,…
FX News EUR/USD Soars as Dollar Dips on Fed Moves and Weak Data
EUR/USD shows an upward movement during the North American session on Thursday, increasing by 0.41% following the Federal Reserve’s decision to lower interest rates, coupled with the release…
FX News GBP/USD Weakens as Traders Watch BoE Rate Cut Coming Soon
The GBP/USD pair is currently positioned in negative territory around 1.3365 during the early hours of European trading on Thursday, influenced by the rebound in the US Dollar.…
