ForexNewsPlus Updates

GBP/USD Slides as Dollar Strength Pressures Pound

GBP/USD is currently positioned at 1.3300-1.3311 on Friday, continuing its downward trend for the fourth consecutive session and reflecting a decline of over 1% for the month. The pair declined from Monday’s weekly peak of 1.3480 to Friday’s level close to 1.3300 — a 180-pip decrease over five sessions influenced solely by macroeconomic factors beyond … Read more

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EUR/USD Drops as Dollar Strength and Energy Shock Weigh on Euro

The EUR/USD pair has experienced a decline over four consecutive sessions, retreating from Monday’s weekly peak of 1.1640 to 1.1500 by Friday’s trading. This represents a significant movement of 140 pips within five days, indicating a development that transcends a mere technical correction. The pair has breached the lower boundary of its ascending channel, dipped … Read more

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USD/JPY Near 160 as Yen Weakness Deepens

The USD/JPY is approaching the 160.00 mark on Friday — a significant psychological and politically sensitive level that has served as an intervention trigger for Japanese authorities several times in 2024. This threshold is once again under scrutiny, influenced by the same volatility factors that prompted earlier interventions. The pair has experienced a rally of … Read more

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AUD/USD Falls as Geopolitical Tensions Drive Oil Higher

The AUD/USD pair maintained its downward trajectory on Thursday as Iran and the United States adopted divergent stances regarding the resolution of the ongoing conflict. The value decreased to 0.6940, a decline from the peak of 0.7180 observed earlier this year. The AUD/USD pair experienced a decline this week following the Iranian government’s dismissal of … Read more

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GBP/USD Awaits Breakout as Pressure Builds

GBP/USD is currently positioned at 1.3360 on Thursday, maintaining a narrow range that has characterized the pair’s price movements for approximately six weeks. The underlying technical framework, despite the apparent tranquility, is accumulating pressure that is likely to culminate in a significant directional shift. Cable has been contained within a symmetrical triangle since late February, … Read more

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EUR/USD Struggles as Rally Faces Resistance

EUR/USD is currently at 1.1550 on Thursday, bouncing back from session lows yet struggling to gain significant momentum. The price movements of this pair over the last four weeks reveal a narrative that extends well beyond typical currency evaluation. Since the Iran conflict erupted at the end of February, EUR/USD has transformed into a geopolitical … Read more

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USD/JPY Tests 160 as Momentum Weakens

The USD/JPY has experienced a rally exceeding 5% since the February low, reaching new yearly highs before encountering resistance just beneath the 160 mark. The current price is situated within the range established last week, and the observed momentum divergence indicates that the upward movement may be weakening—watch for a breakout to provide direction. Next … Read more

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AUD/JPY Slips Near 110.85 Amid Inflation Miss & Geopolitical Tension

The AUD/JPY pair is currently trading lower, positioned at approximately 110.85 during the early European session on Wednesday. The cross maintains a slightly optimistic outlook in the short term, accompanied by a decrease in bullish RSI momentum. The primary resistance level to monitor is 113.20, while the first support level is identified at 110.00. The … Read more

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GBP/USD Under Pressure from Oil and Rates

GBP/USD is trading at approximately 1.3350–1.3417 on Wednesday, March 25, 2026 — extending Tuesday’s decline, flirting with two-day lows, and sitting in a technical position that mirrors almost exactly the structural challenge facing every major currency trying to rally against the dollar in a war-driven, oil-inflated, rate-differential-dominated environment. The pair has been unable to clear … Read more

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EUR/USD Faces Pressure as Iran Rejects US Ceasefire Proposal

EUR/USD continues to exhibit weakness as the US Dollar maintains its strength in light of the mixed signals regarding the US-Iran ceasefire. Iran resists US peace proposals, constraining expectations for a ceasefire. Concerns over inflation driven by oil are increasing expectations for a rate hike by the ECB, while the Fed is anticipated to maintain … Read more