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| Pair | Rate | Chg.% | Chg. | High | Low |
| GBPUSD | 1.2883  |
0.04 | 0.0011 | 1.2883 | 1.2872 |
| EURUSD | 1.0732 |
0.04 | 0.0009 | 1.0734 | 1.0722 |
| GBPEUR | 1.2005  |
-0.05 | -0.0013 | 1.2019 | 1.1998 |
| AUDUSD | 0.6568 |
0.10 | 0.0013 | 0.6572 | 0.6555 |
| NZDUSD | 0.5940 |
0.03 | 0.0003 | 0.5945 | 0.5928 |
| Latest Currency and Forex News |
| Dollar Strength After Fed Holds Rates Static |
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The US dollar held strong in the early European session. Buoyed by a “no change” in interest rates from the federal reserve yesterday evening. After the quarterly rate decision was announced the dollar surged strongly against most currencies. The foreign exchange market was extremely active afterwards.
Before the U.S. open the latest Department of Labor figures were released. Filed unemployment claims fell below last months figure of 302,000, down to 259,000. It also beat the forecasts which were at 284,000. Once again this is strong data for the US dollar.
In ...
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| Euro on the Move After French Election Result Digests |
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Euro has weakened across the board in the early trading session across Asia and Europe, with the expectant result of the French elections now selling on the news. Whilst many see this result as a positive for the single currency, it seems the result was priced in after opinion polls late last week suggested which way the vote would go.
EURUSD
EurUsd has fallen near 100 pips from an overnight high of 1.1022. The US Dollar is strengthening with anticipation of a June rate increase, after string job numbers on Friday. Coupled ...
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| Euro Gains But Pound Falls Further on Hard Brexit Worry |
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The Euro gained slightly against the Dollar and the Pound Friday, and strongly against the Japanese Yen, traders noticed the debate on the ECB’s accommodating monetary policy.
At the start of the US session, the British pound declined sharply against the Euro to 87.55 pence for one euro, but falls were also seen against the greenback, to 1.2163 dollars.
The Swiss Franc gained modestly against the euro at 1.0727 and more significantly against the Dollar to 1.0073 francs, versus 1.0083 francs per dollar the day before.
Several leaders of the European Central Bank ...
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| GBP and Euro Steady As Fed Meeting Draws Close |
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The EURUSD was steady on Wednesday as it anticipates the US Federal Reserve monetary policy decision, while adjustments to the BoJ monetary policy meant the Yen was in a volatile state on morning trading.
There is a strong sense of anxiety around the markets today, not only in Foreign Exchange but also stocks and commodities.
It’s no surprise that traders are watching closely the decision by the Fed, whose monetary policy committee (FOMC) will announce at 1800 GMT if it leaves rates unchanged, following two days of meetings.
It seems that a rate ...
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| Busy Week of Data Begins With A Stronger Euro |
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The Euro is gaining ground versus the US dollar during the morning sessions in Europe. The exchange rate moved up to 1.086 dollars, higher than the close of 1.083 dollars on Friday evening. It’s the start of a busy week with statistics, especially with the US employment report on Friday.
The US dollar is currently under strong pressure against major currencies like the euro and a continuation of the upward trend cannot be achieved only through excellent job figures. Investors may see good numbers of non-agricultural jobs as a positive sign ...
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