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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GBP/USD Rebounds Near 1.33 as Downtrend Intact Amid Dollar Strength

GBP/USD is currently positioned at $1.3332 on Wednesday, reflecting an increase of more than 0.70% during the session after recovering from a daily low of $1.3216. The pair has successfully regained the 1.3300 level, influenced by Trump’s remarks regarding Iran and a general decline in the dollar’s strength. The Dollar Index is currently at 99.247, … Read more

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AUD/USD Falls as Geopolitical Tensions Drive Oil Higher

The AUD/USD pair maintained its downward trajectory on Thursday as Iran and the United States adopted divergent stances regarding the resolution of the ongoing conflict. The value decreased to 0.6940, a decline from the peak of 0.7180 observed earlier this year. The AUD/USD pair experienced a decline this week following the Iranian government’s dismissal of … Read more

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EUR/USD Struggles as Rally Faces Resistance

EUR/USD is currently at 1.1550 on Thursday, bouncing back from session lows yet struggling to gain significant momentum. The price movements of this pair over the last four weeks reveal a narrative that extends well beyond typical currency evaluation. Since the Iran conflict erupted at the end of February, EUR/USD has transformed into a geopolitical … Read more

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EUR/USD Breakdown as Dollar Surges on Energy Crisis

EUR/USD has decreased by about 630 pips from its year-to-date peak of 1.2080 reached in January to the present range of 1.1460 to 1.1495 — representing a decline of approximately 5.2% over the course of a few weeks. That does not represent a gradual repricing. This represents a significant directional breakdown, intensified by one of … Read more

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GBP/USD Weakens as Dollar Safe-Haven Demand Rises

GBP/USD is currently at 1.3380 as of March 12, 2026, marking a third straight session of losses. This follows a rally from Monday’s lows that encountered resistance at the 100-day Simple Moving Average positioned at 1.3437, resulting in a decisive reversal. The rejection is not merely coincidental or background noise — it serves as a … Read more

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USD/JPY Near 159 as Yen Faces Intervention Risk

The USD/JPY is currently positioned around 158.02 to 158.10 on Monday, reflecting an increase of 0.07% to 0.10% during the session — marking the third consecutive day of gains for the dollar against the yen in a market where any figure exceeding 158.90 raises significant concerns within the Bank of Japan. The session high of … Read more

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GBP/USD Holds Near 1.34 as Oil Shock Clouds Outlook

GBP/USD is currently at 1.34111, having declined from recent peaks, amidst a market scenario where two opposing forces are influencing Sterling concurrently. The energy-driven inflation shock stemming from the Iran war is influencing the Bank of England’s rate cut expectations, thereby offering yield support for the pound. Conversely, the recent increase in oil prices that … Read more

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AUD/USD Faces Volatility Amid Risk Sentiment Shifts

The AUD/USD pair attempted to gain ground at the outset of Thursday’s trading session, but subsequently declined significantly. AUD/USD currently presents notable trading challenges, primarily because the Reserve Bank of Australia is expected to continue with rate hikes in the future. At the same time, AUD/USD remains highly sensitive to shifts in global risk appetite. … Read more

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GBP/USD Slides as Dollar Safe-Haven Demand Rises

GBP/USD is currently at 1.3362 as of March 6, 2026, showing signs of consolidation after a brief dip to three-month lows around 1.3250 earlier this week. This marks a potential third consecutive weekly decline, significantly lower than the late-January peak of 1.3870. The 620-pip decline over a span of five weeks cannot be classified as … Read more