News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD Holds Steady at 1.1600 Amid Weekly Dip
The EUR/USD concluded Friday with a decline of 0.10%, yet the week wrapped up positively with an increase of 0.51%, as risk appetite waned due to rising speculation…
FX News GBP/USD Stuck at Seven-Month Lows Due to Fiscal Worries
The GBP/USD pair experienced a decline to 1.3149 on Friday, remaining close to a seven-month low. The sell-off was initiated by the government’s sudden decision to forgo plans…
FX News EUR/USD Soars to Two-Week Peak Over 1.1650 as Dollar Dips
The EUR/USD pair rises above the 1.1600 level on Thursday, hitting a two-week high of 1.1656, yet faces challenges in surpassing the important resistance point of the 50-day…
FX News GBP/USD Climbs Near 1.3200 as US Reopening Pressures USD
The Pound Sterling is gaining ground due to widespread weakness in the US Dollar as the US government reopens, which will reveal a series of economic data for…
FX News EUR/USD Holds Below 1.16 as Traders Anticipate US Shutdown Vote
The Euro remains steady for the second consecutive day, failing to breach the 1.1600 level as risk appetite strengthens in light of the upcoming re-opening of the US…
FX News USD/JPY Stays Strong Near Nine-Month Peaks
The Japanese Yen is under pressure against the US Dollar on Wednesday, with the exchange rate trading near nine-month highs at approximately 154.64, despite a generally weaker Greenback.…
FX News EUR/USD climbs to 1.1590 as disappointing US data weighs on the Dollar
The Euro strengthens in the North American session, recording an increase of 0.30% as the Greenback declines following disappointing US jobs data and a shift in business sentiment…
FX News USD/CHF Continues its Downward Trend Approaching 0.8000
The USD/CHF experiences a decline for the fourth consecutive day, currently trading at approximately 0.8000 after a loss of 0.55% late Tuesday during the North American session. Disappointing…
FX News EUR/USD Holds Steady as US Shutdown Talks Heat Up
EUR/USD remains steady at approximately 1.1550 on Monday, showing little movement as the Greenback recovers some of its earlier losses following reports that the White House supports a…
FX News GBP/USD Holds Steady Amid US Shutdown Hopes and BoE Insights
GBP/USD is currently consolidating in the North American session on Monday, holding steady around 1.3150. This stability arises alongside growing speculation about a possible resolution to the US…
FX News EUR/USD Soars as US Dollar Dips Amid Shutdown and Market Woes
EUR/USD has recovered some of its earlier losses, increasing by 0.16% during the late hours of the North American session on Friday, in light of a limited economic…
FX News USD/JPY falls as safe-haven demand boosts the Yen
The USD/JPY pair declined to 153.10 on Friday, as the yen preserved some of its recent gains in the context of a flight to safety. A notable increase…
