ForexNewsPlus Updates

GBP/USD Holds Gains as BoE Turns Hawkish

GBP/USD is currently positioned between 1.3380 and 1.3400 on Friday, reflecting a decline of 0.21% to 0.39% for the day. This follows Cable’s weekly peak of 1.3467 on Thursday, marking one of the most significant single-session reversals observed in recent months. The intraday spread on Friday exhibited a narrow range — the pair experienced downward … Read more

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EUR/USD Struggles as Dollar Strength Caps Gains

The EUR/USD pair is currently at 1.1560, reflecting a 0.2% decline from Thursday’s weekly peak of 1.1616. Each pip of this pullback illustrates the ongoing battle between opposing forces in this currency pair at present. The pair experienced a significant rebound from the 1.1413 low earlier this week — a move that appeared definitive at … Read more

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USD/JPY Near 160 as Bullish Momentum Builds

The USD/JPY pair is currently positioned between ¥158.33 and ¥159.31 on Friday, reflecting an increase of 0.4% to 0.66% for the day. This follows a notable decline of 1.3% on Thursday, which saw the pair dip to ¥157.51 before strong buying interest emerged. The recovery has been systematic — price rebounded effectively from the 20-day … Read more

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USD/CAD Steady as Oil Backs Loonie

USD/CAD experiences slight declines, hovering near 1.3730 during the early European session on Thursday. The pair exhibits a slightly positive outlook in the short term as RSI momentum remains above the midpoint. The upside barrier is identified at 1.3750, while the initial support level to monitor stands at 1.3680. The USD/CAD pair is currently trading … Read more

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GBP/USD Nears Key 1.3400 Breakout Zone

GBP/USD commenced Thursday at approximately 1.3244, establishing support during the Asian session by rebounding from the critical swing zone between 1.3244 and 1.3252. It entered North American trading close to the 100-hour moving average at 1.3301 and experienced a rise to 1.3356 after the Bank of England’s announcement — reflecting an increase of around 0.76% … Read more

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EUR/USD Under Pressure as Dollar Strength Persists

EUR/USD commenced 2026 at a year-to-date peak of 1.2085 in January. Currently, it is positioned between 1.1465 and 1.1507 on Thursday, March 19 — reflecting a decrease of about 5.1% over the past three months, with no signs of deceleration in this trend. The pair experienced a decline exceeding 0.8% on Wednesday, subsequent to the … Read more

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USD/JPY Approaches Key 160 Breakout Zone

The USD/JPY pair is currently fluctuating between ¥157.63 and ¥158.92 on Thursday, influenced by session measurements. It has seen a decline of 0.57% to 0.62% today after reaching its peak level since July 2024 during Wednesday’s trading session. The recent decline is minimal and lacks significant structural implications — the pair has retraced to the … Read more

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AUD/USD Gains on RBA Hike

AUD/USD advances to approximately 0.7115 during the Asian session on Wednesday. The RBA increased the OCR by 25 basis points to 4.10% from 3.85% during its March monetary policy meeting. Markets anticipate that the Fed will maintain the current rates on Wednesday. The AUD/USD pair is experiencing upward momentum, approaching 0.7115 in the Asian trading … Read more

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GBP/USD Range Holds Before Key Rate Decisions

GBP/USD is currently at 1.3320 on Wednesday, reflecting a decline of 0.23% for the session. It is positioned within a well-defined technical range among the major currency pairs at this time. The pair has established a pattern of lower highs and lower lows since the January 29th peak of 1.3847 — a downward trend that … Read more

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EUR/USD Under Pressure Below 1.1500

EUR/USD is currently positioned in the low 1.1500s on Wednesday, constrained beneath the significant 200-hour Simple Moving Average at 1.1547 and struggling to extend the two-day recovery that brought it up from the August 2025 low of 1.1413. The pair has experienced a significant pullback from its 2026 peak of 1.2080, falling below both its … Read more