ForexNewsPlus Updates

GBP/USD Tumbles to 1.31743 Amid Fiscal Chaos and US Data Delays

GBP/USD commenced the week contained within a delicate framework around 1.31743, following a series of political upheavals, postponed U.S. data announcements, and differing anticipations regarding the Federal Reserve’s decision in December. The pair struggled to break free from its lower-range congestion, even as it briefly tested the 1.32000 level. Traders are compelled to factor in … Read more

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EUR/USD Stays at 1.1630 as Dollar Wavers Below 99.40

The EUR/USD pair is currently navigating a particularly intricate phase in 2025, positioned around 1.1630 following a turbulent ascent from the earlier breakdown attempt at 1.1500 this month. At this juncture, various elements of price movement across equities, the DXY, Federal Reserve positioning, Eurozone data, and cross-currency flows are converging on the pair simultaneously. The … Read more

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USD/JPY Outlook: The Fed’s Move Lifts the Dollar to 155.04 High

The USD/JPY structure is currently in a phase where macro divergence is expanding at a rate not seen since early 2022. The pair experienced a notable increase, reaching 155.044, marking the highest point in nine months, before concluding the week at 154.52. This development extended its November gain to 0.34%, following a significant 4.2% rise … Read more

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GBP/USD Dips to 1.3130 Amid Weak UK Data

GBP/USD is currently exhibiting a compressed and delicate structure as it approaches levels of 1.3130 and 1.3149, while consistently retesting the 1.3010–1.3170 range. This movement occurs amid the market’s absorption of a notably dense array of UK macroeconomic data, political events, and a renewed demand for the USD that has emerged across all major foreign … Read more

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EUR/USD Stays at 1.1600 as Fed Resistance Lowers Odds to 56%

The EUR/USD pair maintains its position at the 1.1600 level following a volatile week that has reshaped the dynamics between U.S. policy uncertainty and Eurozone stability. The pair’s capacity to conclude the week with a 0.51% increase, even after a 0.10% decline on Friday, illustrates the extent to which markets adjusted December rate-cut expectations from … Read more

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USD/JPY Outlook -154.60 as Fed Goes Neutral and Japan Signals Intervention

  USD/JPY is currently in a pivotal stage as the exchange rate stabilizes near 154.60, bouncing back from a previous decline to 153.62, marking the most significant period of upward movement in nearly nine months. The price action indicates a significant shift in rate expectations between the Federal Reserve and the Bank of Japan; however, … Read more

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USD/CAD Holds Firm Near 1.40 Amid Volatility

The USD/CAD pair has exhibited volatility in the early hours of Thursday, yet it continues to acknowledge the 1.40 level as a significant point of interest. This is a substantial, circular, psychologically meaningful number that has held significance on several occasions previously. Consequently, it appears that the market is attempting to initiate a turnaround at … Read more

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GBP/USD Slides to 1.3149 Amid UK Fiscal Shock and Weak Growth

GBP/USD is currently trading around 1.3149, having recently approached a seven-month low after reaching 1.3010 earlier in November. This movement indicates a currency grappling with the challenges posed by diminishing UK fiscal clarity, weakening growth momentum, and an unsettled U.S. rate environment. The pair’s modest recovery to 1.3145 was solely a result of the Dollar … Read more

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EUR/USD Soars to 1.1655 as U.S. Data Surprise Approaches

EUR/USD is currently positioned around 1.1630, lingering just below the 1.1655 high, as the market remains confined within a seemingly tight framework that conceals increasing pressure. The breakout above 1.1610, which had previously limited every rally throughout October, now serves as the pivotal point distinguishing short-term momentum from the medium-term trend. The pair has experienced … Read more

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USD/JPY Outlook – Targeting 155.00 Amid Policy Gaps and U.S. CPI Miss

The USD/JPY is currently positioned around 154.60, showing a significant recovery from its intraday dip to 153.62. The pair is now just shy of half a point from the nine-month peak of 155.04, which was briefly reached earlier this week. This rebound occurs at a time when the U.S. Dollar regains stability following the government … Read more