News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD falls to 1.16 as Dollar rises on US–China tensions improvement
The EUR/USD pair experiences a decline during the North American session, slipping 0.31% as the US dollar maintains its strength, reflecting a sense of relief following President Trump’s…
FX News GBP/USD falls as US Dollar rises, traders anticipate UK and US CPI data
GBP/USD experiences a decline during the North American session on Tuesday, falling more than 0.17% as the Greenback recovers, reaching a three-day high, as indicated by the US…
FX News EUR/USD Dips as Trump Eases China Tariff Position
EUR/USD experiences a decline of 0.17% in the North American session on Friday, as the Greenback reduces its earlier losses following US President Donald Trump’s moderation of his…
FX News GBP/USD dips to 1.34 as Trump eases China tensions
The GBP/USD pair experiences a pullback on Friday, following its peak of 1.3471 reached earlier in the week, coinciding with US President Donald Trump’s remarks that high tariffs…
FX News EUR/USD Soars Past 1.16 Amid Fed Dovish Expectations and Trade Concerns
On Wednesday, EUR/USD experienced an increase of 0.35%, remaining above the 1.1600 level for the second consecutive day. This movement comes as the Greenback faces pressure from strong…
FX News GBP/USD Rises as Bessent Eases US Position
The GBP shows signs of recovery, increasing by 0.60% against the USD on Wednesday during the North American session, attributed to a reduction in China-US tensions following remarks…
FX News EUR/USD rises over 1.16 as Powell’s neutrality weighs on Dollar
EUR/USD shows signs of recovery on Tuesday as the Greenback experiences a decline following neutral-dovish comments from Fed Chair Jerome Powell, coupled with the French government’s announcement to…
FX News GBP/USD falls to 1.33 on dismal UK employment data
GBP/USD continues to decline for the second straight day on Tuesday, as weak data from the United Kingdom supports the case for reduced interest rates by the Bank…
FX News EUR/USD falls below 1.16 as Dollar rises on US–China trade spats
The EUR/USD pair experienced a decline during the North American session on Monday, falling by 0.41% as the US Dollar recovers some of its losses from Friday, influenced…
FX News GBP/USD falls as Dollar rises before UK data and Fed speakers
The GBP/USD concluded Monday’s trading with a decline of 0.13% as the Greenback rebounded, following US President Donald Trump’s softened stance on China over the weekend. As of…
FX News EUR/USD rises beyond 1.1600 as trade conflict worsens
The EUR/USD pair shows signs of recovery on Friday, rising above 1.1600 as the Greenback experiences a significant decline, influenced by the intensification of the trade conflict between…
FX News EUR/GBP is stable near 0.8700 amid French upheaval and UK fiscal issues
The EUR/GBP pair shows an upward movement on Friday, yet it stays below the 0.8700 mark after reaching a daily peak of 0.8725 earlier in the European session.…