FOREX news

The euro has extended its slide against major currencies, with the EUR/USD pair dipping below the crucial 1.08 level—its lowest since early August. Over the past month, the euro has lost over 3% against the US dollar, weakened by economic ...

The euro has fallen to a two-month low against the US dollar, largely driven by the release of the Federal Reserve's recent meeting minutes. The currency, which had seen strength earlier in the year, has now slipped by 2.3%, dropping ...

The British pound is under pressure after its longest losing streak in nearly a year, with the GBP/USD pair falling over 2% since mid-July, when it peaked at a one-year high of 1.30. As of Friday morning, the pair was ...

The recent rally in Japanese stocks has lost momentum as concerns over a potential US economic slowdown and yen volatility overshadow global financial markets. The Nikkei 225 fell by 0.7% on Thursday, ending a two-day streak of gains. At the ...

The euro has surged to an eight-month high, reaching an exchange rate of 1.1 against the US dollar, before settling slightly above 1.09. This rise confirmed the euro’s role as a safe haven during global market turmoil.Historically, the euro has ...

In June, the euro and Japanese yen saw significant declines against the US dollar amidst volatile global economic and political conditions. The euro fell to its lowest exchange rate against the dollar since May, dropping below 1.067, driven by political ...

The euro has experienced a significant drop, hitting new lows against major currencies. The plunge follows French President Emmanuel Macron's call for a snap election in response to a surge in support for the far-right National Rally party. Across Europe, ...

The value of the Japanese yen has reached a historic low, as it traded at 160 against the U.S. dollar. This is the first time the yen has dropped to this level since April 1990, when it briefly touched 160.15. ...

The U.S. Federal Reserve's anticipated rate cuts later this year could be a positive development for several Asian currencies. Higher interest rates generally lead to a stronger currency. Still, the Fed's shift toward a more dovish stance could lead to ...

The dollar is making a comeback after a tumultuous 2023, defying earlier expectations of an imminent decline due to potential interest rate cuts. The US Dollar Index, a measure of the currency's strength against a basket of foreign currencies, has risen ...

The British pound suffered its worst month against the U.S. dollar for a year in September, with analysts painting a gloomy future picture, as growth expectations weaken once again.The Sterling fell 3.75% against the dollar through the month, a decline ...

The Turkish lira weakened to 27.06 against the dollar, ceding 0.3%, after Turkey’s central bank hiked its key interest rate to 30% on Thursday, a 500-basis point jump from 25%, as Ankara continues to battle double-digit inflation.The central bank decision ...

Argentina's inflation surged to 12.4% in August — marking the most drastic monthly surge the nation has seen in over 20 years. This concerning figure was disclosed by the country's official statistics agency this Wednesday.For a nation grappling with persistent ...

China's currency, the yuan, is taking a hit against the dollar, recently dropping to a 16-year low of 7.35 yuan to the dollar. This dip led China's central bank to address "too much speculation" affecting the yuan's value.The rapid depreciation ...

Turkey's central bank has raised its key interest rate by a substantial 650 basis points, up to 15%, the first increase since early 2021.After President Recep Tayyip Erdogan’s re-election, his government is now embarking on a new economic policy direction. ...