ForexNewsPlus Updates

AUD/USD Gains on RBA Hike

AUD/USD advances to approximately 0.7115 during the Asian session on Wednesday. The RBA increased the OCR by 25 basis points to 4.10% from 3.85% during its March monetary policy meeting. Markets anticipate that the Fed will maintain the current rates on Wednesday. The AUD/USD pair is experiencing upward momentum, approaching 0.7115 in the Asian trading … Read more

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USD/JPY Near 160 as Yield Gap Drives Rally

The USD/JPY pair is currently positioned between 159.60 and 159.75 on Monday, hovering just beneath the significant 160.00 level, which has marked the upper limit of the Japanese monetary authority’s tolerance for yen depreciation over the last two years. The pair has achieved a 4.63% increase over the last four weeks — marking the most … Read more

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AUD/USD Slips Toward 0.7060 Amid Dollar Strength

The currency pair is experiencing a drop, nearing 0.7060 in the early hours of the European session on Friday. A poll indicated that the central bank is expected to increase the interest rate to 4.10% next week. The positive outlook for the pair remains intact, staying above the important 100-day EMA. The first downside target … Read more

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GBP/USD Slides to Yearly Lows as UK GDP Stalls and Dollar Strengthens

GBP/USD is currently positioned within the 1.3250 to 1.3260 range on Friday, marking fresh yearly lows, following a significant drop below the 1.3300 level, which had acted as a near-term psychological support for the majority of the week. The pair has experienced a decline for four consecutive sessions, losing around 300 pips from the 1.3575 … Read more

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EUR/USD Drops Toward 1.1500 Amid Strong Dollar

EUR/USD is currently positioned at 1.1546 as of March 12, continuing a challenging three-day decline that has wiped out weeks of recovery efforts in just a few sessions. The pair reached a high of 1.2082 on January 27 — marking its highest level since June 2021 — and has subsequently established a clear pattern of … Read more

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USD/JPY Nears 160 as Oil Shock Weakens Yen

USD/JPY is positioned at 159.18, marking a third consecutive session of gains and revisiting levels that prompted official “rate check” alerts from Japanese authorities on January 23. The pair has advanced over 4.3% from its February low in a rally currently approaching a significant resistance cluster on the weekly chart — the 159.22 January high … Read more

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GBP/USD Stuck Near 1.34 as Dollar Holds Firm

GBP/USD commenced trading on Monday at its lowest point since December, registering 1.3248 as oil surged towards $120, with demand for the safe-haven dollar eclipsing all risk-sensitive currencies within the G10 spectrum. By Tuesday, the pair had rebounded to 1.3485, marking a 10-day peak, as crude prices plummeted following Trump’s ceasefire signals, while equity markets … Read more

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EUR/USD Stuck in Tight Range Ahead of CPI

The EUR/USD reached a session low of 1.1507 this week, and the pair has been moving within a narrow, challenging range since then — struggling to make a significant recovery and lacking the momentum to push lower decisively. The observed price movement indicates a clear direction rather than uncertainty. The market is poised for a … Read more

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USD/JPY Nears 160 as Yen Faces Mounting Pressure

USD/JPY is positioned at 158.95, reflecting an increase of 89 pips during the session. The Japanese yen is facing multifaceted pressure, influenced by a strengthening U.S. dollar, escalating Treasury yields, Japan’s inherent energy vulnerabilities, and growing skepticism regarding the Bank of Japan’s ability to implement the two anticipated rate hikes by the end of the … Read more

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EUR/USD Dips to 1.1645 as Iran Conflict Shakes Markets

EUR/USD is currently at 1.1645 on Tuesday, March 10, 2026, marking a third consecutive session of gains following a significant rebound from Monday’s near four-month low of 1.1507. The 138-pip recovery from Monday’s floor to Tuesday’s current level represents a significant technical adjustment — it reflects a substantial repricing of the dollar’s safe-haven premium as … Read more