FX Rate Updates

EUR/USD hovers around 1.1800 as traders await US PPI data

EUR/USD remains stable near 1.1800 during the early European session on Friday. The European Union has suspended the trade agreement with the United States due to uncertainties surrounding tariffs. Eurozone inflation has decreased to its lowest point since September 2024. The EUR/USD pair is currently trading in a stable manner around the 1.1800 level during … Read more

FX Rate News

GBP/USD Slips on UK Political Uncertainty Ahead of US PPI

GBP/USD dips to approximately 1.3485 during the early Asian session on Friday. The Gorton and Denton by-election heightens political uncertainty in the UK, putting pressure on the Pound Sterling. Market participants will pay close attention to the results of the Gorton and Denton by-election, as well as the release of the US January PPI report … Read more

FX Rate Updates

USD/JPY Consolidates Below 158 as Bullish Bias Persists

The USD/JPY pair is currently situated within a broader consolidation range, reflecting the ongoing dynamics of the interest rate differential as it influences the “carry trade.” The US dollar exhibited considerable volatility against the Japanese yen during the early trading session on Wednesday, reflecting ongoing sideways movement. It appears we are witnessing a broader consolidation … Read more

Fx Rate

USD/CHF dips under 0.7750 as Trump’s speech drags on the US Dollar

The currency pair is currently positioned in negative territory, hovering around 0.7730 in the early European session on Wednesday. The US Dollar shows a decline against the Swiss Franc following US President Donald Trump’s annual State of the Union address to Congress on Wednesday. Later on Friday, attention will turn to the Swiss Q4 Gross … Read more

FX Rate Updates

EUR/USD stays strong near 1.1795

The EUR/USD pair remains steady at approximately 1.1795 in the early Asian session on Tuesday. The US Dollar shows signs of weakening against the Euro due to ongoing uncertainty surrounding US tariffs. The upcoming release of the US January Producer Price Index report is set to attract significant attention later on Friday. The ruling by … Read more

FX Rate Updates

USD/CHF Stuck in Range as US Trade Woes

USD/CHF faces challenges in finding direction on Monday, as disappointing Swiss economic data puts pressure on the Swiss Franc, while a weaker US Dollar restrains upward movement. Currently, the pair is trading at approximately 0.7738, reflecting a decrease of 0.16% for the day. The Greenback faced renewed pressure following the announcement of a 15% global … Read more

FX Rate Updates

GBP/USD Tests 1.35 as Dollar Strength Pressures Pound

GBP/USD declined again on Wednesday, reflecting sustained pressure on the British pound against the US dollar. The pair is now approaching the 50-day EMA and the key 1.35 level, placing the market in a clearly binary setup. A daily close below 1.35 would significantly increase the probability of a move toward the 200-day EMA, currently … Read more

Fx Rate

EUR/USD dips under 1.1800 as Fed Minutes turn hawkish

EUR/USD declines to approximately 1.1785 during the early Asian session on Thursday. Multiple officials from the Federal Reserve indicated that additional tightening could be necessary should inflation remain persistent. There are indications that Lagarde of the ECB might step down prior to the completion of her term. The EUR/USD pair declines to a near two-week … Read more

FX Rate Updates

USD/JPY Tests 152 Support as Dip Buyers Watch

The USD/JPY pair is experiencing some support beneath, as market participants assess the sustainability of the 152-yen level in maintaining upward momentum. The US dollar experienced a slight rally against the Japanese yen during early trading on Monday. However, it is important to note that market activity may be somewhat subdued due to the Presidents … Read more

FX Rate Updates

EUR/USD Perspective Before FOMC Minutes

The exchange rate between the euro and the dollar remained stable within a tight range on Monday morning as market participants reacted to the latest macroeconomic data from the United States and its possible effects on the Federal Reserve. The current trading value is 1.1867, a bit below this month’s high of 1.1935. The EUR/USD … Read more