Forex News+ Updates 
On Thursday, April 30, 2026, USD/JPY experienced a significant intraday reversal, marking one of the most dramatic shifts in recent currency-market history. The pair fell sharply from a 21-month peak of 160.72 to a low close to 155.50, reflecting a swift 500-pip decline within hours. This movement followed the confirmation from Nikkei that Japan’s Ministry … Read more
The USD/CAD currency pair has encountered resistance just below the 1.3700 mark, following a rebound from weekly lows that dipped beneath 1.3600. The Bank of Canada is anticipated to maintain interest rates at 2.25%, projecting a temporary inflationary surge. The Federal Reserve is expected to maintain its current interest rates, amid uncertainties surrounding Chairman Powell’s … Read more
GBP/USD is currently experiencing a narrow pre-event consolidation, trading between 1.3500 and 1.3520, reflecting a 0.12% decline over the last 24 hours. The pair is positioned at the lower end of the established range of 1.3465 to 1.3580, which has remained intact over the past five trading sessions. The cable presents a more appealing technical … Read more
The EUR/USD pair is currently trading at 1.1684, having breached the 1.1700 support level, reflecting an intraday loss of approximately 0.17% to 0.22%. This decline follows a peak near 1.1720, driven by a series of macroeconomic factors that have significantly strengthened the dollar’s position. The pair is poised for significant movement as it approaches a … Read more
The USD/JPY pair is currently positioned just under 160.00, exhibiting the most distinct pre-event compression observed throughout the 2026 cycle. This level coincides with a 36-year peak, the 1.272 Fibonacci extension of the long-term trend originating from 2011, and the upper limit of the parallel uptrend channel that has directed price movements since 2022. The … Read more
The USD/CAD pair is demonstrating heightened strength, reaching around 1.3635 during the early European session on Tuesday. The unfavorable perspective for the pair persists beneath the 100-day EMA, alongside a bearish RSI momentum. The initial resistance level is set at 1.3760, and the first support level is located at 1.3560. The pair shows slight increases … Read more
The pound is currently exhibiting a cautious stance as it approaches a pivotal week for central banks in the second quarter. On Tuesday, April 28, GBP/USD has retreated to the 1.3500 psychological level, marking a 0.22% decline from the mid-1.3550s. This movement is a continuation of Monday’s pullback from the 1.3575 area, where recent highs … Read more
The single currency has relinquished its hold on the 1.1700 level and is currently exhibiting a cautious demeanor as it approaches a pivotal 72-hour period for central banks in the second quarter. The EUR/USD exchange rate was last observed at 1.1695 during the European session, marking a new two-week low after retreating from an intraday … Read more
The yen cross that has characterized the entire 2026 carry-trade landscape is currently positioned at a pivotal inflection point within the cycle, with USD/JPY trading at 159.70 by midday Tuesday — reflecting a gain of 0.16% to 0.17% during the session as the U.S. Dollar Index rises by 0.25% to 98.75, while the pair exerts … Read more
USD/CAD continues its decline from 1.3713, approaching six-week lows at 1.3635. There is a sense of moderate optimism regarding the negotiations between the US and Iran, which is contributing to a defensive stance for the US Dollar. On Wednesday, the Bank of Canada and the Federal Reserve will announce their monetary policy decisions. The US … Read more