Forex News+ Updates 
The EUR/USD pair is currently hovering around $1.1820, positioned slightly above the $1.1800 pivot point, where short-term buyers and sellers are engaging in a competitive assessment. The price is positioned on a convergence of averages and trendlines that delineate the boundary between a gradual ascent towards $1.1925–$1.2000 and a more pronounced decline back towards $1.1740. … Read more
The USD/JPY has shifted from a volatility peak around 155.65 on 20 February to a trading level nearer to 154.35 on 23 February, with intraday lows approaching the 154.00 mark and experiencing losses exceeding 0.45% for the day. The pair initially moved upward following earlier US data but then reversed course as the tariff narrative … Read more
GBP/USD declined past the 1.3500 support level, reaching four-week lows beneath 1.3450, with the current price lingering in the 1.34–1.35 range despite robust UK economic data. In January, the public-sector surplus reached £30.4 billion, a significant increase from £14.5 billion in the same month last year. Additionally, the budget deficit for the first ten months … Read more
The EUR/USD rate has decreased from the January range of approximately 1.2093–1.2095 to about 1.1780, representing a decline of slightly more than 2.8% within a few weeks. The price consistently approaches 1.1800, with upward movements toward 1.1850 being met with selling pressure, while downward shifts into 1.1750 are promptly met with buying interest. The magnet … Read more
The USD/JPY pair is currently positioned near the 155 level following a notably volatile beginning to the year. It finds itself in a tug-of-war between a robust US Dollar and a Japanese Yen that has the potential to appreciate sharply in response to reduced risk appetite or signals of intervention from policymakers. The cross has … Read more
GBP/USD has experienced a decline of over 3% from its peak in late January and is currently trading within the 1.34–1.35 range. Price is currently trading in the range of 1.3460 to 1.3498, positioned nearly at the 2026 yearly open of 1.3474. This follows the significant re-rating phase that commenced in 2025, when the initial … Read more
The US Dollar’s late-January collapse has been largely reversed. The DXY is currently back testing the 97.9–98.0 range, with a focus on the 97.94 Fibonacci level that has influenced price movements since April of the previous year. The level served as a floor following the early-2025 USD selloff, subsequently oscillating between resistance and support through … Read more
The USD/JPY currency pair experienced a volatile week, dipping into the 154 range following the release of the US Q4 GDP data, which showed a slowdown to 1.4%, while core PCE remained close to 3% year-on-year. The combination impacted the dollar’s growth narrative while not alleviating inflation concerns, resulting in a delay of rate-cut expectations … Read more
USD/CAD experiences a slight decline, trading near 1.3695 during the early European session on Friday. The increase in crude oil prices, driven by tensions between the US and Iran, bolsters the commodity-linked Canadian Dollar. Market participants are closely monitoring crucial US inflation metrics to evaluate the trajectory of the Federal Reserve’s monetary policy in the … Read more
GBP/USD is currently positioned in the 1.3460–1.3485 range following a three-week low, managing to recover some of the overnight decline. However, it remains distinctly below the 1.35–1.36 range, which previously served as support earlier this week and is now becoming a point of resistance. The uptrend observed in November has been disrupted, with the pair … Read more