ForexNewsPlus Updates

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

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USD/JPY Jumps to 157.60 as Trump Declares Iran War “Very Soon” Over

USD/JPY is currently consolidating near 157.60 on Tuesday, March 10, 2026 — a notable decline from Monday’s intraday high of 158.90 following President Trump’s remarks that the Iran war is “very complete, pretty much” and could conclude “very soon.” The aforementioned statement catalyzed a total shift in the prevailing strategy of “sell Asia, buy America,” … Read more

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GBP/USD Dips to 1.3283 as Dollar Reaches 99.35

The GBP/USD pair is currently positioned around 1.3340 to 1.3350 on Monday, reflecting a decline of 0.5% for the session. This marks the pound’s lowest point against the dollar since it reached a three-month low of 1.3283 during early European trading. Subsequently, there was a partial recovery to 1.3409 as oil prices retreated from their … Read more

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EUR/USD Near 1.16 as Energy Shock Pressures Euro

The euro is experiencing a subtle decline. EUR/USD is hovering around 1.1619 — technically alive, but just barely — as a mix of geopolitical shocks, energy repricing, and changing Fed expectations is impacting it from all sides at once. The pair concluded the week at around 1.16185, positioned precariously near a support zone that has … Read more

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USD/JPY Tests Key 158 Resistance Amid Energy Crisis

The USD/JPY is currently at 157.80, facing a crucial resistance cluster that it hasn’t encountered in months, with the driving forces behind its ascent being atypical. This is not a conventional rate differential narrative — it is an energy terms-of-trade shock unfolding in real time within the currency market, with Japan positioned on precisely the … Read more