Forex News+ Updates 
EUR/USD is currently trading at 1.1632, having reached an intraday low of 1.1582 — the lowest level since April 7 — and has managed to recover above the 1.1600 psychological level as the European afternoon progresses. The bounce appears to be driven by mechanical factors rather than strong conviction: softer US Treasury yields are alleviating … Read more
USD/JPY is currently positioned at 159.00 during European trading on Wednesday, remaining just a hair’s breadth away from the 12-day peak of 159.25 reached in the previous session, as the seven-day winning streak finally takes a pause. The pair has recovered approximately 400 pips from the May 6 swing low at 155.04, surged past all … Read more
The US dollar experienced a modest rally in the initial phase of Monday’s trading session; however, it appears to be encountering some difficulty maintaining its position above the 1.3750 threshold. This marks the conclusion of a significant resistance range that warrants careful observation. Should the USD/CAD pair maintain its upward trajectory, a test of the … Read more
The pound is experiencing a significant decline, following a classic pattern, compelling every G10 desk to reassess their cable strategy from the fundamentals. GBP/USD is currently at 1.3392 in the New York session on Tuesday, May 19, 2026, reflecting a decline of 0.31% intraday after reaching a session high of 1.3437 and subsequently falling below … Read more
The single-currency pair has experienced a steady decline over the past four sessions, indicating a structural issue rather than a tactical one. Tuesday morning’s print at 1.1635 reinforces the breakdown thesis that has been developing since the 1.1655 Double Top was breached. EUR/USD is currently down 0.18% during the European session on May 19, 2026. … Read more
The carry-trade poster child finds itself once again in a precarious position, compelling every G10 currency desk to face the same unsettling calculations: USD/JPY is inching closer to the 160.00 psychological threshold, a level where the Bank of Japan took decisive action in the spring, and the current macroeconomic landscape offers no indication that the … Read more
The Australian Dollar continues to experience losses as China’s Retail Sales showed a modest increase of 0.2% year-over-year in April, falling short of the anticipated 2.0% and the previous 1.7% figure. Fed officials emphasized the importance of controlling inflation, indicating that additional interest rate hikes may be required if price pressures continue to be a … Read more
GBP/USD is currently at $1.3375 during the New York session on Monday, following a positive rebound from the early European low of $1.3300 — marking the lowest level for the pair in over five weeks. The movement toward $1.3380 indicates an approximate 80-pip increase from the day’s lowest point, largely influenced by a report stating … Read more
EUR/USD is currently positioned at $1.1633 during the European session on Monday, with cross-venue quotes stabilizing around $1.16556 and intraday sentiment reflecting a 55.80% inclination towards buying. The recent print marks a significant point in a prolonged decline that has seen the single currency fall from the $1.18 region in early May, moving toward the … Read more
The USD/JPY pair is experiencing an upward movement as market participants anticipate a more assertive approach from the Federal Reserve in combating inflation. The CME FedWatch tool indicates that the markets now perceive a 48% likelihood of a rate hike in December, a significant increase from the 14% observed last week. Japan’s producer inflation is … Read more