USD/CAD remains stable around 1.3785 during the early Asian session on Friday. Traders will pay close attention to reports regarding the ceasefire agreement between the US and Iran. Canada’s GDP is projected to exhibit an annualised growth rate of 1.5% for the first quarter of 2026. The USD/CAD pair is trading in a stable manner … Read more
GBP/USD enters the final session of May trading around $1.3436, having pared earlier losses to hold slightly above the $1.34 handle as investors assess the complexities of Middle East diplomacy alongside evolving expectations for UK interest rates. The pound is poised to record a monthly decline exceeding 1% against the dollar, having depreciated approximately 1.24% … Read more
As the market considers a carefully balanced mix of euro-positive and dollar-positive events, EUR/USD starts the final session of May trading around the 1.1640 level, hovering a few pips above recent multi-week lows and stabilising in a tight band. The pair has regained momentum over the past week, establishing a position above the 1.1600 mark … Read more
The USD/JPY pair is well within reach of the politically sensitive 160.00 handle that has frequently attracted the attention of Japanese authorities as it enters the last day of May, trading near 159.20 and at one point reaching a nearly four-week high above 159.50. The recent increase occurs notwithstanding two rounds of suspected intervention by … Read more
The AUD/USD exchange rate experienced a decline following the release of consumer inflation data from the Australian Bureau of Statistics, which fell short of expectations. It declined to 0.7135, a decrease from the year-to-date peak of 0.7278. It also retreated amid increasing concerns regarding the US-Iran agreement aimed at concluding the conflict. The AUD/USD pair … Read more
The British pound traded around 1.3429 on Thursday, slipping a marginal 0.15% on the session as it dipped intraday toward the 1.337 area before stabilising. The pair has demonstrated a remarkable degree of resilience compared to the euro, which is currently positioned near six-week lows. However, it remains constrained by a generally strong U.S. dollar, … Read more
EUR/USD commenced the last complete trading session of May under pressure, positioned near 1.1612 and lingering slightly above a six-week low following a decline of approximately 0.12% from the previous session. The pair is currently positioned directly atop its 200-day exponential moving average, a technically significant level that delineates the boundary between a contained consolidation … Read more
The USD/JPY exchange rate was approximately 159.50, maintaining its position near one-month highs and approaching the significant 160.00 threshold, which Japanese officials consider the boundary for acceptable yen depreciation. The pair has been steadily advancing for multiple sessions, reaching new one-month highs in the range of 159.45 to 159.65 as the yen finds it challenging … Read more
AUD/USD has seen a decline as the Australian Dollar weakens in response to inflation data that fell short of expectations. Australia’s CPI increased by 4.2% year-over-year, falling short of the 4.4% consensus and decelerating from March’s 4.6% rate. The US Dollar is facing challenges as the demand for safe-haven assets diminishes, with traders expressing optimism … Read more
On May 27, the British pound to US dollar exchange rate was trading at 1.3447, almost at the 200-day exponential moving average, which has supported the sterling’s rise since 2025. The pair has fallen 0.48 percent in the past year, but it is still within the large consolidation range that will determine cable prices beyond … Read more