EUR/USD began the new week at 1.1520. The US dollar ended last week with gains of more than 1% following a strong US labour market report. In May 2026, the US economy added 172,000 jobs, significantly above the market forecast of 85,000. The data exceeded expectations, reinforcing confidence in the resilience of the US economy. … 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
USD/JPY is trading at 159.36 on Wednesday, May 27, marking its weakest yen level since late April and approaching the critical 160 intervention threshold that led to Tokyo’s reported yen-buying intervention operations during the late-April and early-May currency stress phase. The current spot price indicates a 0.29% increase from the previous session’s close of 158.99, … Read more
The pound is currently exhibiting a remarkable stability in the foreign exchange market, maintaining its position amidst the dynamic fluctuations occurring around it. GBP/USD (Cable) is currently positioned at $1.3406-$1.3445 across major venues, reflecting a decline of approximately 0.13%-0.20% during the session. This follows a peak near $1.3454 earlier and a rebound from Wednesday’s daily … Read more
The euro is behaving as anticipated by every desk the moment the Fed minutes were released on Wednesday afternoon: it is rolling, lacking any fundamental support to bolster its position. EUR/USD is currently positioned at $1.15906, reflecting a decline of 0.27%-0.28%. This movement follows a classic rejection at the resistance range of $1.1640-$1.1655 and a … Read more
The most asymmetric trade on the G10 board at this moment isn’t Cable, Euro, or Aussie – it’s USD/JPY positioned at the 159.00 handle, with the multi-decade 160 ceiling within a single percent move and the Ministry of Finance intervention zone looming closely. The pair is positioned at 158.90-159.00 across the major venues, maintaining a … Read more
The USD/CAD pair sees an appreciation as the commodity-sensitive Canadian Dollar encounters difficulties stemming from a minor drop in oil prices. WTI could potentially recover as Trump has issued threats to attack Iran in the coming days to expedite a resolution to the conflict. The US 30-Year Treasury Yield has decreased to 5.180%, following a … Read more
EUR/USD is currently trading at 1.1632, having reached an intraday low of 1.1582 — the lowest level since April 7 — and has managed to recover above the 1.1600 psychological level as the European afternoon progresses. The bounce appears to be driven by mechanical factors rather than strong conviction: softer US Treasury yields are alleviating … Read more
USD/JPY is currently positioned at 159.00 during European trading on Wednesday, remaining just a hair’s breadth away from the 12-day peak of 159.25 reached in the previous session, as the seven-day winning streak finally takes a pause. The pair has recovered approximately 400 pips from the May 6 swing low at 155.04, surged past all … Read more
GBP/USD is currently at $1.3375 during the New York session on Monday, following a positive rebound from the early European low of $1.3300 — marking the lowest level for the pair in over five weeks. The movement toward $1.3380 indicates an approximate 80-pip increase from the day’s lowest point, largely influenced by a report stating … Read more