ForexNewsPlus Updates

French Debt Crisis Puts a Ceiling on EUR/USD as Bond Spreads Widen

EUR/USD traded at 1.1236 at 13:43 on Wednesday, October 21, 2026, reflecting a modest increase of 0.09% during the session, following a European morning that witnessed the pair decline to 1.1219. The day’s range has exhibited a narrow bandwidth, fluctuating between 1.1219 and 1.1242, encompassing a total of 23 pips. This is in contrast to … Read more

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USD/JPY Holds Near 158 as BoJ Signals Growing Inflation Confidence

USD/JPY stabilises around 158.00 during the early European session on Monday. BoJ’s Governor indicates that underlying inflation is “quite close” to the central bank’s 2% target. Fed Chairman Warsh states that he does not “prejudge meetings. The USD/JPY pair is trading in a stable manner around 158.00 during the early European session on Monday. Traders … Read more

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EUR/USD Rebounds as US Inflation Data Puts Dollar in Focus

EUR/USD traded at 1.1196 at 14:40 on Tuesday, October 13, 2026, reflecting an increase of 36 pips or 0.32% from the previous day’s close of 1.1160. The session range has fluctuated between 1.1153 and 1.1203. The pair commenced at 1.1155 in Asia, steadily ascended during the European morning to reach 1.11875 by 08:03 and 1.1189 … Read more

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USD/JPY Pulls Back as 200-Day Moving Average Caps Dollar Gains

USD/JPY experiences a decline, retreating beneath 158.30 following a rejection at the 200-day SMA, which stands at 158.56. Softer-than-expected Japanese producer prices are preventing the JPY from appreciating further. The US Dollar remains stable as investors anticipate significant US inflation reports set to be released later this week. The US Dollar edges lower against the … Read more

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EUR/USD Slides as French Fiscal Concerns and Strong Dollar Weigh

The euro traded at 1.1192 against the dollar on Wednesday, October 7, reflecting a decline of 71 pips or 0.63% from Tuesday’s close of 1.1263. The session range extended from 1.1266 at its peak to 1.1186 at its trough. That low stands 26 pips above Monday’s 1.1160 trough, marking the weakest level for the single … Read more

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GBP/USD Holds Range as BoE Hike Bets Support Sterling

Sterling traded at 1.3247 against the dollar on Tuesday, reflecting an increase of 26 pips or 0.20% from Monday’s close of 1.3221. The session range is 1.3201 to 1.3248. On Monday, the pound declined by 0.21%, reaching a low of 1.3213, while it appreciated by 0.2% against the euro. The rebound observed on Tuesday has … Read more

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USD/JPY Rises as BoJ Signals Clash With Government Caution

USD/JPY is currently at 158.33, reflecting an increase of 0.6% from the previous close of 157.39 on Wednesday. The yen weakened past 158 per dollar in Tokyo trading following the release of the Bank of Japan’s Summary of Opinions from the meeting held on September 17 to 18 at 8:50 am. The dollar initially climbed … Read more

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EUR/USD Tests 1.1360 as Fed-ECB Rate Gap Widens

The euro commences the concluding week of September at a disadvantage. EUR/USD is currently at 1.1377, reflecting a decline of 0.13% from the previous session. Throughout the Asian and European mornings, the pair has fluctuated between a one-month low of 1.1360 and the 1.1400 threshold. The pair has not maintained a position above 1.1400 since … Read more

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USD/CAD Nears 1.42 as Overbought Rally Tests Key Resistance

USD/CAD strengthens to approximately 1.4155 during the early European session on Monday. The constructive tone of the pair remains intact; however, a temporary sell-off cannot be ruled out given the overbought conditions. The immediate resistance level is identified at 1.4190, while the initial downside target to monitor is 1.4070. The USD/CAD pair is positioned in … Read more

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AUD/USD Falls as Fed Rate Hike Bets Strengthen Dollar

AUD/USD continues its decline from the 0.7248 level observed last week, now approaching the lower boundary of the 0.7100s. Increasing speculation regarding the Federal Reserve’s monetary tightening, coupled with rising oil prices, is exerting downward pressure on the Australian dollar. A decisive breach of the 0.7110 level would validate the onset of a more pronounced … Read more

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