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GBP/USD Stays Steady at 1.37 Ahead of Fed, NFP, and BoE Events

GBP/USD has retraced from the 1.3860 peak towards the 1.3700–1.3750 range following a significant rebound in the US Dollar. The recent catalyst was the January FOMC decision along with the unexpected robustness in US producer prices. Headline US PPI increased approximately 0.5% month-on-month, surpassing expectations of around 0.2%. Core PPI increased by approximately 0.7%, compared … Read more

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USD/JPY Approaches 154 as Fed Maintains 3.50–3.75%

The recent decision by the Federal Reserve to maintain the target range at 3.50%–3.75% following a 10–2 vote positions US monetary policy distinctly above Japan’s near-zero rates, resulting in an immediate strengthening of the US Dollar and a firmer USD/JPY exchange rate. Two governors advocated for a 25 bp reduction, yet the majority highlighted “solid” … Read more

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GBP/USD Soars to 1.3470 as Fed Shock Drops Dollar Under 99

GBP/USD is currently positioned between 1.3470 and 1.3485, reflecting an increase of approximately 0.5 to 0.6% for the day, following a significant rebound from a near three-week low slightly above 1.3400. The pair has turned directly on the 200-day moving average cluster at 1.3380–1.3400 and moved back into the mid-1.34s, reversing a four-session losing streak. … Read more

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EUR/USD Approaches 1.17 as Fed-Powell Crisis Boosts Euro

The EUR/USD pair is currently fluctuating within a narrow yet volatile range of 1.1650–1.1700, showing signs of recovery from the previous week’s low of 1.1617 and consistently testing the 1.1690–1.1700 area. The shift is influenced not solely by traditional growth or interest rate differentials; rather, it is propelled by a significant institutional impact on the … Read more

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GBP/USD Stays at 1.3450 as Fed–BoE Divide Fuels Bullish Hopes for 1.37

GBP/USD begins 2026 within the $1.3450–$1.3490 range, bolstered mainly by the differences in central bank policies. The Federal Reserve has implemented three cuts thus far, adjusting the target range to 3.50%–3.75%. Market expectations indicate the possibility of two additional reductions by 2026. The trajectory narrows the yield differential compared to other major currencies and consistently … 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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EUR/USD Holds 1.1750 Support Amid Fed Cuts

The EUR/USD rate is currently positioned between 1.1760 and 1.1780, having struggled to break through the 1.1800 to 1.1808 range in the previous week. The price is currently consolidating following a robust rally in December, amidst very low liquidity typical of the year-end period. On the macro side, three Fed cuts in 2025 have lowered … Read more

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EUR/USD Stays at 1.18 as 2026 Fed Cut Bets Weaken Dollar

The EUR/USD pair is currently positioned between 1.1790 and 1.1800, having recently reached a three-month peak at 1.1808. The action occurs in light of a robust 4.3% annualized US GDP figure for Q3, an increase from approximately 3.8%, which typically would have bolstered the USD under standard conditions. The recent uptick in the dollar proved … Read more

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USD/JPY Soars Post BoJ’s 0.75% Hike, Targeting 161.50 Resistance

The Bank of Japan has made a significant move by raising its short-term rate from 0.50% to 0.75%, marking the highest level in approximately thirty years, and this decision was reached by unanimous vote. Headline inflation stands at approximately 2.9%, with core inflation nearing 3.0%, significantly exceeding the Bank of Japan’s 2% target. Despite this, … Read more

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GBP/USD Hits 1.34 as BoE Cuts and Soft Dollar Propel Bullish Trend to 1.35

GBP/USD is maintaining a range between 1.3370 and 1.3440 after testing 1.3446, with the spot fluctuating around 1.3373 to 1.3380. For 2025, the pair is approximately 6–6.5% elevated, transitioning from around 15-month lows to approaching a four-year peak, and is currently solidifying that progression. The current price action reflects typical late-cycle foreign exchange behavior, with … Read more