FX Rate Updates

USD/JPY Dips Under 156.00 Amidst Slowing US Economy

The USD/JPY pair experienced a reversal, declining by over 0.54% on Tuesday. This movement comes as investors gained confidence in the likelihood of a Federal Reserve rate cut during the December meeting, prompted by a soft US inflation report and weaker-than-anticipated Retail Sales data. As of the current analysis, the pair is trading at 155.98, … Read more

FX Rate Updates

EUR/USD Sees Mild Gains as Fed Easing Expectations Rise

EUR/USD remains stable on Monday, showing slight increases of over 0.10%, while the US Dollar consolidates in the wake of dovish remarks from Federal Reserve officials. Despite the rising expectations for a rate cut, the pair is currently trading at 1.1525, having reached a daily high of 1.1550. EUR/USD moves upward as the US Dollar … Read more

FX Rate Updates

EUR/USD Faces Pressure as USD Strengthens Amid Mixed Data

EUR/USD experiences moderate declines during the North American session on Friday as the US Dollar maintains strength following the release of mixed economic data and dovish remarks from Federal Reserve officials. The pair is currently at 1.1504, reflecting a decrease of 0.20%, following a dip to a two-week low of 1.1491. The EUR/USD pair declines … Read more

FX Rate Updates

USD/JPY falls but remains positive

The Japanese Yen appreciates against the US Dollar on Friday, as the currency pair halts a four-day winning streak following new verbal intervention warnings from Tokyo, leading to slight profit-taking. The Japanese Yen appreciates against the US Dollar on Friday, as the currency pair halts a four-day winning streak following new verbal intervention warnings from … Read more

FX Rate Updates

GBP/USD Plummets as Dovish Data and External Pressures Mount

The GBP/USD pair saw a notable drop, hitting 1.3048 on Thursday, driven by a combination of disappointing domestic inflation data and a stronger US dollar overall. The recent decline in the pound is linked to the latest UK Consumer Price Index report, which shows that inflation has eased to 3.6% year-on-year in October, meeting expectations. … Read more

FX Rate Updates

EUR/USD Plummets as Fed Minutes Crush December Easing Hopes

EUR/USD declined by more than 0.49% on Wednesday, following the release of the Federal Reserve’s minutes, which suggested that the central bank might forgo an interest rate cut during the December meeting, as indicated. The pair is currently at 1.1524, following a daily low just below 1.1600. EUR/USD declines as the likelihood of a December … Read more

FX Rate Updates

EUR/USD Dips Under 1.1600 as Dollar Rises on Fear Ahead of NFP

The EUR/USD pair has moved into negative territory today, dropping below the 1.1600 level for the second day in a row amid a risk-off sentiment. Investors are currently awaiting the earnings report from NVIDIA while also processing US labor market data and orders in anticipation of Thursday’s Nonfarm Payrolls report. The currency pair is currently … Read more

FX Rate News

GBP/USD hovers around 1.3160 as traders anticipate NFP and UK CPI

The Pound Sterling remains stable on Tuesday as traders express concerns regarding the economic outlook in the US, while market participants focus on the upcoming NVIDIA earnings for Q3, contributing to a decline in US equity markets. The GBP/USD is currently positioned at 1.3156, reflecting minimal movement. GBP/USD remains stable as market participants evaluate US … Read more

FX Rate Updates

EUR/USD Drops Under 1.1600 as Dollar Gains Ground Before US NFP

The EUR/USD experiences a decline during the North American session, down 0.30%, as the Greenback benefits from a robust recovery amid speculation that the Federal Reserve may maintain rates at their current level. The pair is currently at 1.1589, having peaked at a daily high of 1.1624. EUR/USD has pulled back to 1.1589 as market … Read more

FX Rate Updates

USD/JPY Soars as Japan Pushes for Dovish Strategy

The USD/JPY pair rose to 154.72 on Monday, approaching its peak levels since February, even in light of Japanese economic data that exceeded expectations. Japan’s GDP experienced a contraction of 0.4% quarter-on-quarter in Q3 2025, marking a reversal from the 0.6% growth observed in Q2. Nonetheless, this result surpassed the 0.6% decrease projected by economists. … Read more