News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD Soars on Fed-Cut Hopes and Risk-On Sentiment
The EUR/USD experiences slight increases of 0.12% late on Tuesday in the North American session, reflecting an improvement in risk appetite. Anticipation for an additional Fed rate cut…
FX News USD/CHF Slides Under 0.8050 Amid US Rate Cut Speculation
The USD/CHF pair is currently positioned in negative territory around 0.8045 as the early European session unfolds on Tuesday. The potential for a US interest rate cut in…
FX News EUR/USD Holds Steady Above 1.1600 as Dollar Weakens in Data Drought
EUR/USD holds steady around the 1.1600 level, recording slight gains of more than 0.15% on Monday as the Greenback declines in response to hawkish comments from Kazuo Ueda,…
FX News GBP/USD Stays Steady Around 1.3250 Following UK Budget Relief
The GBP/USD pair remains stable around 1.3245 in the Asian session on Monday as market participants analyze the implications of the UK’s Autumn Budget. The potential downside for…
FX News EUR/USD Holds Strong Above 1.1600 as Dovish December Odds Climb to 87%
EUR/USD stabilizes in Friday’s North American session, set to finish both the week and November positively with gains of 0.81% and 0.59%, respectively, as market participants seem assured…
FX News GBP/USD Bounces Back, Yet Doubts Linger
The GBP/USD pair is experiencing a slight increase, currently trading at approximately 1.3239, after a brief halt in its five-day upward trend. Although the pair has moved back…
FX News EUR/USD holds firm at 1.1600 amid muted trading
EUR/USD remains unchanged on Thursday due to low trading liquidity, as US markets are closed for Thanksgiving. Ongoing expectations regarding a potential reduction in borrowing costs by the…
FX News USD/JPY Drops as Yen Gains on Intervention Worries
The USD/JPY pair declined to 156.13 on Thursday, as the Japanese yen regained some of its recent losses amid heightened market vigilance regarding possible intervention by Japanese authorities.…
FX News EUR/USD approaches 1.1600 as declining claims do not alter the dovish sentiment
The EUR/USD experiences consecutive bullish sessions, driven by speculation regarding a potential rate cut by the Federal Reserve at the upcoming December meeting, subsequent to the publication of…
FX News GBP/USD climbs as traders anticipate key UK budget announcement
The GBP/USD pair continued its upward movement, hitting 1.3189, as market participants anticipate the specifics of the UK budget, which is set to be unveiled today, 26 November.…
FX News EUR/USD Gains Momentum as US Data Disappoints, Dovish Sentiment Grows
EUR/USD shows a robust increase of more than 0.51% on Tuesday, driven by a declining US Dollar, as data strengthened traders’ expectations that the Federal Reserve could lower…
FX News USD/JPY Dips Under 156.00 Amidst Slowing US Economy
The USD/JPY pair experienced a reversal, declining by over 0.54% on Tuesday. This movement comes as investors gained confidence in the likelihood of a Federal Reserve rate cut…
