Forex News+ Updates 
GBP/USD remained around 1.3120, showing a decline in momentum after it was unable to maintain its position above the 1.3170–1.3180 range earlier in the session. The pair’s short-term trajectory is limited by declining UK employment data, which has strengthened expectations that the Bank of England may consider rate cuts earlier than previously thought. The UK … Read more
The EUR/USD is trading at 1.1560, positioned just below the 1.1600 resistance zone following a four-day rebound. The recent price movements of the pair indicate a struggle between a recovering Euro sentiment and a vulnerable U.S. Dollar, as the market processes the conclusion of the U.S. government shutdown and fresh speculation regarding a potential Federal … Read more
The USD/JPY pair is currently positioned around 154.00, consolidating slightly beneath the significant resistance zone of 154.50–155.00, as market participants analyze the recent weak U.S. labor data alongside the Bank of Japan’s prudent policy approach. The dollar initially surged to a new nine-month peak at 154.50, but then pulled back as weaker U.S. employment figures … Read more
The AUD/USD exchange rate has been stable within a tight range at a significant support level following the Reserve Bank of Australia’s decision to keep interest rates steady. The asset was priced at 0.6500, a decline from the year-to-date peak of 0.6700. The AUD/USD pair responded to the recent RBA interest rate decision, where officials … Read more
The GBP/USD is currently holding steady around 1.3150, as it seeks to rebound from a tumultuous week characterized by political developments in Washington and cautious monetary policy in London. Market participants are adjusting their positions as the U.S. Dollar Index hovers near 99.60, weighing the optimism surrounding potential shutdowns against a dovish reassessment of the … Read more
The EUR/USD pair was seen trading between 1.1550 and 1.1565 during Monday’s European session, reflecting a period of consolidation after three sessions marked by volatility due to U.S. fiscal developments and mixed macroeconomic data. The euro held steady against the U.S. dollar despite progress in Washington towards ending the historic government shutdown, a political shift … Read more
The USD/JPY pair exhibits notable volatility while demonstrating resilience, currently positioned just beneath its eight-month peak at 154.49. This stability is driven by optimism surrounding a potential resolution to the U.S. government shutdown, which counters the renewed caution emerging from Tokyo. During the Asian session on Monday, the pair was observed trading in the range … Read more
The GBP/USD is currently trading around 1.3160, demonstrating strength after a tumultuous week affected by the U.S. dollar’s weakness, a prolonged government shutdown, and the Bank of England’s decision to keep interest rates at 4.00%. The currency pair, which hit a seven-month low of 1.2820 earlier this quarter, has seen a strong rebound as traders … Read more
The EUR/USD pair is currently positioned at approximately 1.1566 during late New York trading, showing a slight recovery from the previous week’s low of 1.1467, the lowest point since early August. The rebound came after a two-day rally that pushed the pair above the 1.1550 handle; however, the overall sentiment remains cautious as markets grapple … Read more
The USD/JPY pair declined to ¥153.41, reflecting a 0.38% decrease for the week, as Japan’s fresh intervention warnings coincided with increasing uncertainty surrounding U.S. policy due to the extended government shutdown. Following a rise to an eight-month high around ¥154.48, the dollar-yen exchange rate shifted direction as Japanese authorities conveyed “high urgency” regarding the yen’s … Read more