Dollar Index

Fx Rate

GBP/USD Steady as UK Budget and US Data Loom

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The GBP/USD pair is currently stable on Monday in the North American session, holding steady at approximately 1.3088 as market participants anticipate the upcoming release of the UK’s budget, with the week being shortened due to the US Thanksgiving holiday. GBP/USD remains stable as market participants anticipate the UK Autumn Budget and assess the risks … Read more

FX Rate Updates

EUR/USD Rises on Weak US Jobs Data, Boosting Fed Cut Speculation

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EUR/USD shows signs of recovery on Thursday, reflecting a gain of 0.45% after rebounding from daily lows of 1.1486, attributed to a weakening of the Greenback. The recent soft jobs data in the US has heightened speculation regarding a potential Fed rate cut at the upcoming December meeting. The currency pair is currently trading at … Read more