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GBP/USD Hits 1.34 as Strong US Data Boosts Dollar

GBP/USD is currently positioned near 1.3420, approaching its weekly low and the significant 1.3400 area, following an inability to maintain early-week advances towards 1.3567, where a distinct short-term peak was established prior to a notable downturn. The recent decline is primarily attributed to the strength of the USD. A series of stronger-than-anticipated US economic indicators … Read more

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USD/JPY at a Pivotal Point as Dollar Power Hits Resistance

The USD/JPY has experienced a notable increase of approximately 12.7% from its 2025 low and is currently positioned just beneath a significant resistance zone after reaching one-year highs in the range of 157.7–157.8. Spot increased to approximately 157.75 due to overall yen weakness, with intraday levels reported between 157.39 and 157.75 as the dollar appreciated … Read more

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GBP/USD Stuck Around 1.3450 as Fed Cut Speculation

GBP/USD is currently positioned between 1.3450 and 1.3465, undergoing consolidation following its inability to maintain the 1.3560–1.3570 peak, marking the highest point since mid-September. The pair is currently confined within a distinct short-term range, with support located around 1.3400 and resistance positioned between 1.3520 and 1.3560. The US Dollar Index is currently positioned between 98.70 … Read more

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USD/CAD Eyes 1.38 as Market Awaits Key Jobs Data

The USD/CAD pair has experienced a modest increase in early Tuesday trading, with attention remaining firmly focused on the 1.38 level. USD/CAD is known for exhibiting significant volatility even under stable conditions, as a large portion of transactions between the United States dollar and the Canadian dollar are driven by necessity due to the two … Read more

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USD/JPY Stays at 156.6 Amid BoJ Hawkish Shift

The USD/JPY pair is currently positioned between 156.5 and 156.7, showing little movement throughout the day, as the price remains stable rather than following a clear trend. The US Dollar Index is currently positioned around 98.4–98.7, reflecting a recovery in the dollar following previous declines. However, this movement appears to be influenced by position adjustments … Read more

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AUD/USD Remains Bullish Despite Fed & RBA Split

The AUD/USD maintains its upward trajectory on Tuesday morning, approaching its peak level since October 2024. The asset was positioned at 0.6716, reflecting an increase of nearly 5% from its lowest point recorded in November of the previous year. The Australian dollar has demonstrated a robust upward trajectory in recent weeks, particularly as it has … Read more

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GBP/USD Stays Above 1.35, Aiming for 1.36 Break

The GBP/USD pair has entered a distinctly positive territory, oscillating throughout the day between 1.3520 and 1.3560 after reaching a new three-month peak at 1.3562 during early Asian trading and subsequently surging again towards 1.3567 later in the session. The market has moved past the 1.3500 level, trading confidently above it, which aligns with expectations … Read more

EUR-USD

EUR/USD Stays at 1.1700 as Weak US Data

EUR/USD is hovering around the 1.1700 level, with neither party asserting dominance. The pair has rebounded from the 1.1658–1.1660 support band, reached intraday highs near 1.1735, and has consistently struggled to maintain levels above the 1.1740 area. On short-term charts, price is fluctuating between approximately $1.1710 and $1.1728, with current values lingering around $1.1690–$1.1710, aligning … Read more

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USD/CAD surges past 1.3750 before US ISM Manufacturing PMI report

The USD/CAD pair shows a notable increase, reaching approximately 1.3770 during the early European session on Monday. The initial support level is identified at 1.3745, while the key resistance level to monitor stands at 1.3877. Market participants prepare for the release of the US ISM Manufacturing PMI report. The USD/CAD pair moves upward, approaching 1.3770 … Read more

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GBP/USD Stays at 1.34 as USD Demand Narrows Range

GBP/USD is currently positioned between 1.3420 and 1.3450 following a minor bearish gap and an unsuccessful effort to maintain levels above the mid-1.3400s. The recent movement is primarily influenced by the USD side: the US Dollar Index is approaching the 98.6–98.7 range, bolstered by safe-haven flows following the US operation in Venezuela and the capture … Read more