News
Exchange-rate news and market analysis from the FxRate desk.
FX News EUR/USD rises to 1.1800 as Dollar falls before Powell
The EUR/USD pair experiences a rally as the Greenback faces significant pressure, currently trading around 1.1800, reflecting a 0.47% increase for the day. Market participants are on the…
FX News USD/JPY Rises Amid Yen’s Decline Due to BoJ Policy Worries
The USD/JPY pair rose to 148.31 on Monday, building on its gains from the prior week as the US dollar exhibited strength across the market. The yen encountered…
FX News EUR/USD falls as Dollar rises, French demonstrations impact on morale
EUR/USD declines on Friday during the latter part of the North American session, as the Greenback strengthens following a rebound from three-year lows that were hit after the…
FX News GBP/USD falls below 1.3500 as ‘King Dollar’ recovers post-Fed
The British Pound is experiencing significant pressure from the ‘King Dollar’ on Friday, declining by 0.52% despite a lack of economic data from the US, with only Federal…
FX News EUR/USD drops to 1.1780 as Powell’s rough tone boosts the US dollar
The EUR/USD pair has experienced a pullback after hitting a yearly peak above 1.1900, declining by 0.22% on Thursday. This movement follows positive economic indicators from the United…
FX News GBP/USD falls as BoE keeps rates, reduces QT, and indicates cuts
The Bank of England decided to keep rates constant after the Federal Reserve started its 2025 easing cycle, which caused the British pound to reverse course and fall…
FX News EUR/USD steady at 1.1850 ahead of Fed decision and Powell remarks
The EUR/USD is experiencing a sideways movement on Wednesday as market participants await the Federal Reserve’s monetary policy decision and Chair Jerome Powell’s subsequent press conference. As of…
FX News GBP/USD climbs as UK inflation backs BoE stance, Fed cut eyed
The British Pound shows a slight increase of 0.15% against the US Dollar on Wednesday as market participants anticipate the results of the Federal Reserve’s monetary policy decision.…
FX News EUR/USD soars to 1.1878, reaching its peak since 2021
The EUR/USD surged to a four-year peak of 1.1878 on Tuesday as investors moved away from the Dollar amid heightened expectations that the Federal Reserve will recommence its…
FX News GBP/USD hits 1.3640 as US Dollar hits 10-week low before Fed meeting
The Pound Sterling shows an increase of over 0.30% as the Greenback declines to a ten-week low, as indicated by the US Dollar Index. The Federal Open Market…
FX News EUR/USD surges as expectations of Fed cuts pressure the US Dollar
EUR/USD increased by more than 0.21% on Monday, as market participants overlooked the downgrade of France’s sovereign credit rating amid ongoing political turmoil. Nevertheless, the anticipation surrounding the…
FX News GBP/USD surges as the contrasting policies of the Fed and BoE boost Sterling
The Pound Sterling shows an upward trend during the North American session on Monday as market participants prepare to analyze the monetary policy meetings of significant central banks…
