ForexNewsPlus Updates

GBP/USD Stays at 1.35 as Dollar Dips Ahead of ISM and NFP

The US Dollar Index is currently positioned within the 98.50–98.65 range, forming an ascending triangle pattern. Support levels are identified near 98.50 and 98.15, while resistance is concentrated between 98.85 and 99.07. The current structure indicates that the Dollar has established a support level, yet there hasn’t been a clear breakout to the upside. This … 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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USD/JPY Stays at 156.70 as Markets Balance Soft NFP Risk

The USD/JPY pair is currently positioned between 156.5 and 156.7, showing a recovery from Monday’s decline as the US Dollar strengthens and US yields experience a slight increase. The US Dollar Index has returned to the range of 98.4–98.5 following a dip influenced by risk-on flows. This slight recovery is sufficient to maintain the pair … Read more

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EUR/USD Dips to 1.17 as Euro PMI Falls Short

EUR/USD begins 2026 under markedly different conditions compared to the previous year. Throughout the majority of 2025, the US Dollar experienced a decline of approximately 14% against the euro, as market participants anticipated a complete Federal Reserve easing cycle alongside a more subdued trajectory for US economic growth. The shift propelled EUR/USD from concerns of … Read more

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USD/JPY Hits 156 as Fed Cuts Align with BoJ’s Hawkish Shift

The USD/JPY pair begins 2026 positioned around the 156 mark, fluctuating approximately between 156.20 and 156.70 following multiple unsuccessful attempts to reach the 158 cycle high. The recent two sessions have seen a dollar rebound amidst extremely thin year-end liquidity, amplifying the impact of each policy headline. The dollar index remains positioned between 98.00 and … Read more

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EUR/USD Stays at 1.1765 After Fed Minutes Activate 1.18 Breakout

EUR/USD is currently positioned between 1.1765 and 1.1770, showing signs of stabilization following a four-day decline as the Dollar takes a breather and liquidity diminishes as we approach year-end. The primary factor influencing this situation is the adjustment of policies. The Fed has implemented a complete 75 bps easing cycle in 2025, reducing rates by … Read more

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GBP/USD Holds 1.35 as Dollar Index Slips

GBP/USD is currently positioned at $1.3501, maintaining Wednesday’s closing level as we approach the December 25 holiday, while adhering to a clear ascending channel that has been instrumental in the uptrend since late November. The US Dollar Index, currently around 97.95, is confined within a descending channel that has restricted every upward movement since mid-November. … Read more

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GBP/USD Stays in 1.33–1.34 Range Ahead of Key Central Bank Week

GBP/USD commenced the week at approximately 1.3325 and concluded around 1.3373, navigating within a constrained range of 1.3288–1.3434. That represents approximately a +0.36% increase on a weekly basis – a steady yet not dramatic upward movement. The EUR/USD pair commenced trading close to 1.1640, subsequently rallied to 1.1762, and concluded at approximately 1.1743, reflecting a … Read more

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EUR/USD Soars to 1.1630 as Fed’s Dovish Stance Boosts Euro

The EUR/USD pair has experienced an upward trend for the sixth consecutive session, maintaining a position close to 1.1630, marking its peak since mid-November. The rally is driven by increasing expectations that the Federal Reserve will implement a 25-basis-point rate cut in December. The U.S. Dollar Index has declined below 99.50, while Treasury yields have … Read more

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AUD/USD Starts the Week Under Pressure Ahead of Key CPI Data

The Australian dollar begins the week at a disadvantage following its lowest performance in six weeks relative to the US dollar. With the trimmed mean CPI set to be released mid-week, diminishing USD momentum, and market maintaining crucial support levels, AUD/USD is positioned for a potential volatility spike following last week’s significant selloff. The outlook … Read more