USD/JPY is currently positioned around 159.80 on Tuesday, June 9, having surpassed that resistance level with renewed bullish momentum as the pair advances toward the significant ¥160 threshold that has consistently constrained it throughout 2026. The dollar-yen pair has identified support at a short-term ascending trendline and remains positioned above its 50-period EMA, which reinforces … Read more
GBP/USD has succumbed to the pressure of a strengthening dollar. The pound reversed its earlier gains, declining below the 1.34 mark to reach 1.3325 — the lowest point since May 15 — as investors flocked to the US dollar in response to Friday’s impressive jobs report. Sterling has now weakened approximately 1.97% over the past … Read more
EUR/USD began the new week at 1.1520. The US dollar ended last week with gains of more than 1% following a strong US labour market report. In May 2026, the US economy added 172,000 jobs, significantly above the market forecast of 85,000. The data exceeded expectations, reinforcing confidence in the resilience of the US economy. … Read more
Cable is stagnant, and the central bank finds itself in a similar predicament. GBP/USD trades near 1.3454 on June 2, essentially flat on the session but positioned at its weakest level since May 19 after the pound declined toward $1.34 amid Middle East tensions and increasing concerns regarding the UK’s economic outlook. The pair has … Read more
GBP/USD enters the final session of May trading around $1.3436, having pared earlier losses to hold slightly above the $1.34 handle as investors assess the complexities of Middle East diplomacy alongside evolving expectations for UK interest rates. The pound is poised to record a monthly decline exceeding 1% against the dollar, having depreciated approximately 1.24% … Read more
As the market considers a carefully balanced mix of euro-positive and dollar-positive events, EUR/USD starts the final session of May trading around the 1.1640 level, hovering a few pips above recent multi-week lows and stabilising in a tight band. The pair has regained momentum over the past week, establishing a position above the 1.1600 mark … Read more
USD/JPY is currently at 159.32 during midday European trading on Tuesday, reflecting a 0.29% increase for the day. The pair has moved closer to the 160 intervention zone, a level that the Japanese Ministry of Finance has traditionally supported through both verbal and direct actions in the currency market. The pair is positioned close to … Read more
The pound is currently exhibiting a remarkable stability in the foreign exchange market, maintaining its position amidst the dynamic fluctuations occurring around it. GBP/USD (Cable) is currently positioned at $1.3406-$1.3445 across major venues, reflecting a decline of approximately 0.13%-0.20% during the session. This follows a peak near $1.3454 earlier and a rebound from Wednesday’s daily … Read more
The single-currency pair has experienced a steady decline over the past four sessions, indicating a structural issue rather than a tactical one. Tuesday morning’s print at 1.1635 reinforces the breakdown thesis that has been developing since the 1.1655 Double Top was breached. EUR/USD is currently down 0.18% during the European session on May 19, 2026. … Read more
GBP/USD is currently at $1.3375 during the New York session on Monday, following a positive rebound from the early European low of $1.3300 — marking the lowest level for the pair in over five weeks. The movement toward $1.3380 indicates an approximate 80-pip increase from the day’s lowest point, largely influenced by a report stating … Read more
