News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD Plummets Under 1.16 Amidst Political Turmoil in France
The EUR/USD falls beneath the 1.1600 mark, declining more than 0.50% as the US Dollar continues its weekly ascent, achieving gains exceeding 1.70% against a basket of six…
FX News GBP/USD Pauses Downward Trend, Yet Inflation Concerns Remain
The GBP/USD currency pair made an effort to establish stability on Thursday, with trading activity hovering around the 1.3413 USD mark. Nevertheless, market participants are exhibiting a prudent…
FX News EUR/USD falls as German statistics and French conflict weigh
EUR/USD continues to decline for the third consecutive day, decreasing by 0.32% as the US government shutdown persists. Additionally, the minutes from the Federal Reserve’s last meeting indicate…
FX News USD/JPY achieves a high due to dovish policy expectations
The USD/JPY pair has ascended to its peak since February, currently trading at approximately 152.45. The Japanese yen has experienced a depreciation exceeding 3% this week, as selling…
FX News EUR/USD falls as French uncertainty looms
The EUR/USD pair experiences a decline on Tuesday, influenced by the ongoing political turmoil in France and the impending US government shutdown. The Dollar, having previously depreciated, is…
FX News USD/CHF Trapped Near Annual Lows Under 0.8000
The United States Dollar to Swiss Franc exchange rate is now trading close to its yearly lows of 0.7980. The 20-day Simple Moving Average is located at 0.7951,…
FX News EUR/USD slides on French political shock, closure lifts Dollar
EUR/USD experiences a pullback in the North American session, influenced by political instability in France and the strengthening of the US Dollar, coinciding with the sixth day of…
FX News GBP/USD unchanged as US closure enters sixth day
The Pound Sterling is holding steady during the North American session on Monday, as the US government shutdown enters its sixth day. This situation has resulted in financial…
FX News EUR/USD stabilizes after Fed split offsets shutdown drag
EUR/USD is currently in a consolidation phase on Friday, reflecting a subdued trading environment attributed to the absence of new catalysts, influenced by a US government shutdown that…
FX News GBP/USD increases as the US shutdown and the Fed data gap deepen
The Pound Sterling has appreciated approximately 0.26% against the US Dollar on Friday, coinciding with the US government entering its third day of shutdown and foregoing the release…
FX News EUR/USD stabilizing as US shutdown investors flock to dollar
EUR/USD holds its ground in the North American session on Thursday, although it has experienced consecutive bearish days as the US Dollar gains strength due to the ongoing…
FX News USD/JPY is on hold, but a yen rise may begin soon
The USD/JPY pair has found stability at about 147.16 on Thursday, putting an end to the recent negative trend that it has been experiencing. With demand being bolstered…
