Forex News+ Updates 
The AUD/USD exchange rate exhibited stability within a narrow range following the release of significant macroeconomic data from both the United States and Australia. On Wednesday, it was positioned at 0.7060, slightly beneath this month’s peak of 0.7155. The AUD/USD pair exhibited fluctuations following the release of the most recent consumer confidence report from the … Read more
GBP/USD has continued its upward trajectory for the fourth consecutive session, currently trading in the range of 1.3516–1.3530, steadily moving higher within a narrow band of 1.3467–1.3560. The price has been consolidating around the 1.3500 level, with repeated buying interest emerging at dips toward 1.3470, while supply is accumulating in the 1.3535–1.3560 range. Over the … Read more
EUR/USD remains stable near 1.1800 following a decline from the highs of 1.2093–1.2095 observed in January. In the United States, February consumer confidence rose to 91.2 from 89, surpassing the consensus estimate of 87. This indicates that domestic demand continues to be robust, despite the growing trade uncertainties. Housing data indicate a cooling trend, yet … Read more
The USD/JPY pair is currently positioned between 156.2 and 156.4, having successfully maintained the 155.0 to 155.3 range multiple times throughout the week. The price movement continues to follow the established bullish pattern that initiated from the low in April 2025, situated around 149–150, and has been constrained by the peak of 2025, approximately 158.8. … Read more
The USD/CAD pair exhibits resilience, approaching 1.3715 in the early hours of trading on Tuesday in the Asian market. The US Dollar edges higher against the Canadian Dollar despite the prevailing uncertainty surrounding American trade policy. Later on Friday, the Canadian Gross Domestic Product and the US January Producer Price Index reports will serve as … Read more
GBP/USD is currently positioned around 1.3470–1.3488, influenced by the Bank of England’s shift towards easing measures and a USD that remains resilient. MPC member Alan Taylor discussed the possibility of “two or three” additional cuts before the Bank Rate attains a neutral level, highlighting the risks leaning towards lower inflation and increased unemployment, while conveying … Read more
EUR/USD is currently positioned around 1.1770–1.1780, having encountered resistance near 1.1835 and pulling back from the 1.2100 level reached last month. The pair is currently positioned at the 61.8% Fibonacci retracement level following the rebound from the 200-day SMA at 1.1658, establishing the 1.1775–1.1770 range as a significant pivot point. The present range is 1.1750–1.1830. … Read more
The USD/JPY pair is currently positioned at approximately 155.70, having reached an intraday peak close to 156.28, reflecting an increase of about 0.6% for the day. The price has returned above the 100-day simple moving average at approximately 155.10 and is approaching the 50-day line around 156.00, which serves as the initial resistance level. The … Read more
The USD/CAD pair experiences a decline, approaching 1.3665 in the Asian trading session on Monday, influenced by decreasing crude oil prices and uncertainty surrounding US tariffs. Market participants are closely monitoring the upcoming release of the US Producer Price Index report for January, scheduled for later on Friday. The US Supreme Court invalidated President Donald … Read more
GBP/USD is fluctuating around the 1.35 level following a significant pullback from the year-to-date peak close to 1.3865. The pair momentarily dipped under 1.3450, reaching four-week lows, before finding stability as the strength of the US dollar diminished and UK data became less definitive. The current spot rate is contained within a range, facing resistance … Read more