EUR/USD was observed around 1.1555 by midday Wednesday, trending down towards multi-week lows ahead of the European Central Bank decision that has already been priced in by money markets. The June 11 meeting reflects a complete market-implied probability of a 25-basis-point increase, which would elevate the deposit facility rate from 2.00% to 2.25%. This marks … Read more
USD/JPY was observed around 160.40 by midday Wednesday, moving closer to its 2026 peak of 160.73 and entering the 160.40 to 160.70 range where Japanese officials have traditionally set their limits. The pair has ascended within a medium-term ascending wedge and a shorter-term rising channel, with momentum indicators suggesting the next resistance levels at 160.65, … Read more
The Australian dollar experienced a downward gap at the beginning of the trading session on Monday, yet subsequently demonstrated indications of resilience. That being said, later in the day, we have observed a slight increase in interest rates in the United States, which has exerted additional pressure on the Australian dollar. Currently, it appears probable … Read more
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
The USD/CAD pair experiences a decline, influenced by the upward movement in oil prices, which bolsters the commodity-linked Canadian Dollar. WTI experiences an uptick as Oman halts loading operations at Mina al Fahal due to an explosion near its single-buoy mooring berths. The US Dollar remains robust as traders assess the implications of a potential … Read more
AUD/USD moves up to about 0.7135. Australia’s Trade Balance recorded a positive outcome in April. Iranian officials indicated that there was a lack of ‘tangible progress’ in discussions regarding the conflict. The AUD/USD pair strengthens to approximately 0.7135 in the early Asian session on Thursday. The Australian Dollar has experienced a slight appreciation relative to … Read more
Sterling is experiencing an upward movement. GBP/USD has risen to around 1.3454, up about 0.27% on the session, pushing back toward the $1.35 handle as optimism over a Middle East ceasefire diminishes the dollar’s safe-haven appeal and provides the risk-sensitive pound with a relief rally. After declining to six-week lows near 1.33 in late May … Read more
EUR/USD remains firmly anchored. The pair is currently trading around 1.1610, positioned at the lower end of its annual range, following a strong dollar that has driven it to a six-week low against the greenback. The euro isn’t weak in any absolute sense — it’s simply constrained, trapped within a narrow range below a series … Read more
The dollar-yen is ascending once again into a precarious position. USD/JPY is trading near 159.25, gradually moving higher toward the 160 level, which has established itself as the market’s critical threshold — the price at which the Bank of Japan has consistently intervened to support its currency. Just weeks ago, in late April, the pair … Read more
AUD/USD softens to near 0.7180. Wednesday’s early Asian session. Australian GDP expanded by 0.3% quarter-on-quarter in the first quarter of 2026, falling short of expectations. US forces have executed strikes following an attack by Iran, according to reports. The AUD/USD pair experiences a decline, reaching approximately 0.7180 in the early Asian session on Wednesday. The … Read more
