Forex News+ Updates 
The USD/CAD pair shows an upward trend as the US Dollar gains strength following the release of robust US Retail Sales data. In April, US Retail Sales recorded a month-over-month rise of 0.5%, exceeding expectations. The Canadian Dollar may appreciate as oil prices rise, driven by optimistic sentiment regarding US-China trade relations. The USD/CAD maintains … Read more
The GBP/USD has ultimately relinquished the technical framework that had sustained it amid weeks of declining UK political fundamentals. The pair has plummeted through all significant moving averages on the daily chart, reaching new multi-week lows at 1.3320 on Friday — marking the lowest level since April 8. The cumulative impact of this week’s events … Read more
The EUR/USD has breached the technical floor that had characterized its movement for over a month. The single currency declined to 1.1620 on Friday, marking its lowest level in five weeks, following a breach of the 200-day moving average that had withstood all previous challenges since mid-April, thereby affirming a structural shift that the macroeconomic … Read more
The USD/JPY has achieved a fifth consecutive session of gains on Friday, rising by 0.11% to 158.55 and reaching intraday highs close to 158.60. This movement comes as the synchronized global bond rout has altered the dynamics of every cross-rate relationship within the G10 currency complex. The pair has now decisively surpassed the 158 threshold … Read more
USD/CAD maintains its stability as market participants anticipate the pivotal Trump-Xi summit. Trump and Xi are considering a reduction in tariffs on $30 billion worth of non-sensitive goods, while excluding items deemed essential for national security. The commodity-linked CAD is likely to experience depreciation as declining oil prices diminish demand for Canada’s principal export. USD/CAD … Read more
GBP/USD is currently trading between 1.3520 and 1.3528 on Thursday, remaining under pressure near the significant 1.3500 level after experiencing a decline that marks the third consecutive day of losses. The pair is currently positioned near its lowest levels since late April, and the quotes available across different data sources illustrate a market experiencing significant … Read more
EUR/USD is experiencing a downturn on Thursday, trading within the range of $1.1705 to $1.1712, reflecting a decline of approximately 0.1% for the day and remaining near its lowest points in almost a week. The pair has experienced a decline over several consecutive sessions, gradually distancing itself from last week’s peaks above the 1.1790 level … Read more
The issue with the yen has consistently been rooted in arithmetic rather than technical factors. The calculations have taken a turn for the worse in Tokyo. The USD/JPY is once again approaching the range where intervention by Japan’s Ministry of Finance is believed to have occurred earlier this month. However, the underlying forces driving the … Read more
AUD/USD moves upward, approaching 0.7240 during the Asian session on Wednesday. The assertive stance of the RBA supports the Australian dollar. Market participants will monitor the upcoming US PPI inflation report and the Trump-Xi summit scheduled for later this week. The AUD/USD pair appreciates to approximately 0.7240 during the Asian trading session on Wednesday. The … Read more
GBP/USD is currently at 1.3500 on Wednesday, May 13, 2026, following a 10-day low after experiencing a third consecutive day of losses against a strengthening U.S. dollar. The session has yielded a decline ranging from 0.25% to 0.57% on the day, contingent upon the data source, with intraday figures converging around 1.3500 according to one … Read more