ForexNewsPlus Updates

GBP/USD Edges Higher Ahead of US Jobs Data

GBP/USD is experiencing slight increases, hovering around 1.3560 during the early hours of Friday’s Asian session. Trump stated that the truce with Iran remains in effect. Market participants prepare for the upcoming US Nonfarm Payrolls report scheduled for release later on Friday. The GBP/USD pair demonstrates slight upward movement, trading near 1.3560 during the Asian … Read more

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EUR/USD Stays Firm Amid Global Tensions

The single currency is engaging in the meticulous effort characteristic of the concluding phases of a prolonged recovery, and the displayed price this Friday clearly indicates the current state of indecision. The EUR/USD pair is currently trading within a range of $1.1730 to $1.1782, varying by venue and time, reflecting an increase of approximately 0.50% … Read more

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USD/JPY Slips as Japan Steps In Again

The USD/JPY pair is experiencing a slight decline, approaching 156.85 during the Asian session on Friday. During the May holidays, Japanese authorities made another intervention in the foreign exchange market. The employment report for April in the US is set to be the focal point this Friday. The USD/JPY pair declines to approximately 156.85 during … Read more

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USD/CAD Gains as Falling Oil Prices Weigh on Loonie

The USD/CAD pair is experiencing modest gains, hovering around 1.3635 in the early hours of European trading on Thursday. Expectations surrounding a potential US-Iran peace agreement aimed at resolving the conflict are exerting downward pressure on crude oil prices, consequently impacting the commodity-sensitive Canadian Dollar in relation to the US Dollar. US President Donald Trump … Read more

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GBP/USD Volatile After Fed Decision

The GBP/USD pair demonstrated volatility in the wake of the Federal Reserve’s interest rate announcement, alongside a rise in geopolitical tensions. It was trading at 1.3480, just below this month’s high of 1.3595, as focus shifted to the upcoming Bank of England interest rate decision. The GBP/USD pair saw a pullback, driven by multiple factors, … Read more

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EUR/USD Slips After Fed Decision

The EUR/USD exchange rate experienced a decline following the Federal Reserve’s announcement of its interest rate decision on Wednesday. The decline was also observed as energy prices experienced a surge, influenced by the ongoing rhetoric between the US and Iran. The current trading level stands at 1.1677, slightly below the monthly peak of 1.1855. The … Read more

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USD/JPY Consolidates Before Key Data

USD/JPY remains steady at approximately 156.40 during the early European session on Thursday. Market participants are cautious regarding the possibility of Japanese authorities re-entering the market to address the ongoing weakness. The eagerly awaited US April NFP data is set to take center stage this Friday. The USD/JPY pair is exhibiting a stable performance around … Read more

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AUD/USD Holds Firm After RBA Rate Hike

The AUD/USD exchange rate exhibited a sideways movement despite the ongoing divergence between the Federal Reserve and the Reserve Bank of Australia. The pair was trading at 0.7200 on Wednesday morning, maintaining the narrow range observed in recent days as attention turns to the forthcoming US jobs report. The AUD/USD pair exhibited a sideways movement … Read more

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GBP/USD Steady Amid Rising Bond Yields

The GBP/USD pair exhibited minimal movement on Wednesday as attention turned to the increasing government bond yields in both the US and UK, driven by escalating inflation concerns. The current trading level stands at 1.3550, which is below the previous week’s peak of 1.3656. The GBP/USD pair experienced an increase as market participants concentrated on … Read more

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EUR/USD Soars as Dollar Dips on Iran Deal Hopes

EUR/USD is currently positioned around $1.1750 on Wednesday, May 6, 2026, after reaching a peak of $1.1796 during the early European session — marking the highest point for the pair since April 17 — before retreating into the range of $1.1750 to $1.1773 as the U.S. Dollar gained some support following stronger-than-anticipated ADP data. The … Read more

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