Forex News+ Updates 
The USD/CAD has reached new three-week lows at 1.3670 after experiencing a five-day decline. The potential for a resolution in the US-Iran conflict continues to exert downward pressure on the safe-haven USD. Canada’s CPI figures, set to be released on Monday, are anticipated to indicate increased inflationary pressures for March. The US Dollar continues its … Read more
The British pound made a significant move against the 1.3600 barrier on Friday, surging from the 1.3520 area during the European morning to reach an intraday high close to 1.3595. This shift occurred as the geopolitical risk premium supporting the dollar diminished following Iran’s announcement to reopen the Strait of Hormuz. The pair concluded the … Read more
The most actively traded currency pair has successfully challenged the resistance zone that has hindered all upward movements for the last fortnight. The EUR/USD surged to an intraday peak of 1.1849 on Friday, ultimately closing near 1.1814 during the New York session. This movement extends a two-week rally that has propelled the pair from the … Read more
The USD/JPY experienced a decline, reaching 158.18 in Friday afternoon trading, reflecting a decrease of 0.61% for the session and marking the third consecutive week of downward movement for the pair. The Japanese Yen has garnered significant support against a weakening US Dollar, as the pair fluctuates within its defined one-month consolidation range of 157.50 … Read more
AUD/USD maintains its position around 0.7180 during the Asian session on Thursday. Australia’s Unemployment Rate remained stable at 4.3% in March, consistent with expectations. Market participants will pay careful attention to geopolitical developments in the Middle East. The AUD/USD pair maintains a favorable position near 0.7180 in the Asian trading session on Thursday. The Australian … Read more
GBP/USD is currently at 1.3534 on April 16, 2026, reflecting a decrease of 0.17% for the session after reaching a two-month peak of 1.3594 earlier today, before pulling back as the U.S. Dollar rebounded from its intraday low of 97.83 towards 98.20. The 60-pip round trip from 1.3594 to 1.3534 in a single session exemplifies … Read more
EUR/USD is positioned between 1.1770 and 1.1782, reflecting a decline of 0.19% to 0.24% during the session. This follows an impressive eight-day winning streak that propelled the pair from the 2026 low of 1.1410 to a weekly high of 1.1825, marking its most robust level since the escalation in the Middle East commenced in late … Read more
The USD/JPY has risen above 159.00, reflecting a general recovery in the US Dollar. The ongoing standoff regarding the Strait of Hormuz raises concerns about the viability of US-Iran peace negotiations. On Wednesday, Japanese Finance Minister Satsuki Takayama issued a nuanced warning regarding intervention. The US Dollar has retraced previous losses against the Japanese Yen … Read more
The US Dollar rebounded from three-week lows around 1.3730, making its way back to the 1.1775 region. The Greenback reduces its losses as investors contemplate Trump’s inconsistent signals regarding Iran. From a broader viewpoint, the pair is currently approximately 1.25% beneath the peaks observed last week. The US Dollar is reducing some of its losses … Read more
GBP/USD is currently at 1.3565 in Wednesday’s European session, remaining close to the two-month high of 1.3590 reached on Tuesday — and the gap between these figures is significant at this moment. Seven consecutive sessions of Sterling gains against the Dollar represent the most sustained directional move Cable has produced in months, and the pair … Read more