News
Exchange-rate news and market analysis from the FxRate desk.
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…
FX News EUR/USD Holds Steady on Fed Rate Cut Bets
EUR/USD holds its ground in the North American session on Friday, set to wrap up the week with slight gains exceeding 0.18% as traders prepare for the upcoming…
FX News USD/CHF consolidates below major SMAs, sellers dominate
The USD/CHF pair experienced an upward movement during the North American session; however, it continues to consolidate within the 0.7950-0.8000 range as market participants await the upcoming Federal…
FX News EUR/USD recovers to 1.1700 as US CPI and jobless claims push US Dollar
The EUR/USD pair shows upward movement in the North American session following the European Central Bank’s decision to maintain interest rates, while the US dollar experienced a decline…
FX News GBP/USD dips ahead of central bank decisions
The GBP/USD pair fluctuated within a narrow band near 1.3524 USD on Thursday, with price action limited as market participants anticipate crucial US inflation figures and significant policy…
FX News EUR/USD Price Forecast: Anticipating US employment data
The EUR/USD pair is currently positioned near the 1.1650 mark, exhibiting a degree of stability following the volatile fluctuations observed on Tuesday. The pair declined to a new…
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