FX Rate News

EUR/USD Dips Under 1.1900 as Hawkish Fed Pushes Back Cash

The Euro experiences a decline during the North American session, dipping below the 1.1900 mark against the Greenback. This movement comes as certain Federal Reserve officials express reservations about additional rate cuts, despite the disappointing US Retail Sales data that has left traders unsettled. Currently, the EUR/USD is positioned at 1.1895, having peaked at a … Read more

FX Rate Updates

EUR/USD Bounces Back as Risk Appetite Weakens Dollar

The Euro experienced a brief recovery on Friday against the Greenback, which had a fleeting rally lasting only two days, but ultimately lost Thursday’s gains on Friday, as illustrated by the US Dollar Index. A risk-on sentiment diminished the Dollar’s safe-haven allure, as an unremarkable ECB monetary policy decision on Thursday prompted traders to focus … Read more

FX Rate Updates

GBP/USD Declines Following Bank of England’s Decision

The British pound experienced a notable decline on Yesterday following the Bank of England’s policy decision, while the U.S. dollar continued to recover from prior weakness. GBP/USD moved lower during the session as markets reacted less to the unchanged policy rate and more to the shift in the voting pattern among policymakers. The rise in … Read more

Fx Rate

GBP/USD Nears Multi-Month High on Strong UK Data

The GBP/USD pair is on the rise, nearing 1.3685, which is the peak level since September 17, 2025, during the early European session on Tuesday. The Pound shows an upward movement against the US Dollar following the release of stronger-than-anticipated UK Retail Sales and Purchasing Managers’ Index figures. These positive reports have led some experts … Read more

Fx Rate

GBP/USD Surges Past 1.3650 on Strong UK Data

The GBP/USD pair is currently trading in positive territory, hovering around 1.3660, marking its highest level since September 17, 2025, during the early European session on Monday. The Pound Sterling rises against the Greenback following stronger-than-anticipated UK Retail Sales and Purchasing Managers Index data. Traders are poised to monitor the US November Durable Goods Orders … Read more

FX Rate Updates

EUR/USD Surges Past 1.1800 as Yen Intervention Hits Dollar

EUR/USD experiences significant upward movement towards the end of the North American trading session on Friday, following speculation regarding a potential intervention in the foreign exchange markets aimed at strengthening the Japanese Yen. This development led to a decline in the US Dollar, which recorded losses exceeding 0.70%, as indicated by the US Dollar Index. … Read more