Forex and Currency News

EUR/USD holds near 11-week high, eyes on ECB, US jobs data

The EUR/USD currency pair held close to an 11-week high of 1.1769 on Tuesday ahead of the outcome of the European Central Bank’s policy meeting, while investors braced for the US Non-Farm Payrolls data for more insight into macroeconomic conditions and the Fed’s future interest rate path. The Federal Reserve delivered a largely anticipated rate […] Read more

Dollar Trades Near Recent Lows as Markets Await U.S. Data and Central Bank Decisions

Key Moments The euro edged up 0.1% to $1.1761 after touching $1.1769, its strongest level since September 24. Meanwhile, the dollar slipped 0.25% to 154.85 yen as investors priced in a Bank of Japan rate hike and focused on policy guidance. Fed funds futures implied a 75.6% probability that the Federal Reserve would leave rates […] Read more

Yen Strengthens as Policy Uncertainty and Data Delays Lift Safe-Haven Demand

Key Moments The yen advanced 0.3% to 154.735 per dollar as traders positioned for a widely expected 25-basis-point Bank of Japan rate increase to 0.75% on Friday. The U.S. dollar index traded at 98.256, edging up after nearing its weakest level since October 17, ahead of delayed U.S. employment data for October and November. The […] Read more

EUR/GBP holds near two-week high ahead of ECB, BoE meetings

The EUR/GBP currency pair held near a two-week high of 0.8795 on Tuesday ahead of the outcome of the European Central Bank’s and the Bank of England’s policy meetings. The European Central Bank is largely expected to keep its main refinancing operations rate intact at 2.15% at its December 18th policy meeting. And, the ECB […] Read more

Bitcoin Extends Pullback as Cautious Mood Builds Ahead of U.S. Payrolls Data

Key Moments Bitcoin dropped 4% to $85,987.9 by 00:35 ET (05:35 GMT), trading near a two-week low and close to levels last seen in late-November. Traders awaited key U.S. economic releases, including November nonfarm payrolls on Tuesday and CPI inflation data on Thursday, keeping risk appetite subdued. Major altcoins, including Ether, XRP, Solana, Cardano, BNB, […] Read more

Rupee Faces Renewed Slide as Persistent Dollar Demand Overwhelms Flows

Key Moments One-month USD/INR non-deliverable forwards signal an opening around 90.80–90.85 after a 90.73 close on Monday The rupee registered a new all-time intraday low of 90.7875, its third straight session of record weakness Traders describe the downturn as flow-driven and orderly, with volatility still contained despite intense pressure Rupee Poised for Another Weak Open […] Read more