News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD stabilizes as dismal US jobs data balances shutdown worries
EUR/USD remains stable late in the North American session as market participants process a lackluster jobs report and overlook the implications of the US government shutdown. The absence…
FX News EUR/USD finds its footing amid concerns over dollar instability
EUR/USD remains stable on Tuesday in the North American session, while the Dollar shows signs of weakness amid concerns regarding a potential government shutdown that may impede the…
FX News GBP/USD stretches winning streak as US shutdown fears hurt Dollar
The Pound Sterling continues its upward trajectory for the third consecutive day on Tuesday, rising by 0.20% as investors divest from the US Dollar due to concerns regarding…
FX News EUR/USD rises as US shutdown fears weigh on Dollar
EUR/USD experiences an increase of more than 0.20% on Monday, driven by concerns regarding a potential government shutdown in the US. Meanwhile, Eurozone data indicates an improvement in…
FX News GBP/USD Climbs on Rate-Cut Expectations Amid Shutdown Risks
The GBP/USD pair shows upward movement on Monday as the US Dollar relinquishes some of the gains achieved last week, with a packed economic calendar in the US…
FX News EUR/USD Rises as Fed Cut Bets Build After PCE
EUR/USD shows signs of recovery on Friday as market participants gain confidence that the Federal Reserve may lower interest rates following the publication of the most recent inflation…
FX News USD/JPY Surge takes a breath as Yen looks for stability
The USD/JPY pair moderated its rise on Friday, finding stability around 149.69 – near its lowest point in almost two months. The yen continued to face pressure due…
FX News EUR/USD declines as robust US data sparks dollar surge
EUR/USD experienced a significant decline, falling sharply below 1.1700 on Thursday. This movement has pushed the currency pair beneath two critical technical support levels, indicating potential for additional…
FX News GBP/USD Slips as Markets Doubt Bank of England’s Next Move
The GBP/USD pair is currently experiencing downward pressure, trading at approximately 1.3460, as it navigates a landscape of opposing influences. In the UK, Bank of England Governor Andrew…
FX News EUR/USD falls beneath 1.1750 as Powell’s caution boosts the dollar
EUR/USD declines on Wednesday, decreasing by 0.66% as the Greenback strengthens after Tuesday’s speech by Fed Chair Jerome Powell, who expressed caution about hastily lowering interest rates. The…
FX News EUR/USD Steady as Fed-ECB Divergence Grows
The EUR/USD maintains a stable position above the 1.1800 mark on Tuesday, following Federal Reserve Chair Jerome Powell’s neutral stance, alongside business activity data from Europe and the…
FX News GBP/USD holds firm at 1.3518 as PMIs hint at a slowdown
The Pound Sterling holds its ground during the North American session on Tuesday, following reports indicating a slowdown in business activity across the Atlantic in September, as reflected…
