ForexNewsPlus Updates

USD/JPY Near 160 as Bullish Momentum Builds

The USD/JPY pair is currently positioned between ¥158.33 and ¥159.31 on Friday, reflecting an increase of 0.4% to 0.66% for the day. This follows a notable decline of 1.3% on Thursday, which saw the pair dip to ¥157.51 before strong buying interest emerged. The recovery has been systematic — price rebounded effectively from the 20-day … Read more

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GBP/USD Nears Key 1.3400 Breakout Zone

GBP/USD commenced Thursday at approximately 1.3244, establishing support during the Asian session by rebounding from the critical swing zone between 1.3244 and 1.3252. It entered North American trading close to the 100-hour moving average at 1.3301 and experienced a rise to 1.3356 after the Bank of England’s announcement — reflecting an increase of around 0.76% … Read more

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EUR/USD Under Pressure as Dollar Strength Persists

EUR/USD commenced 2026 at a year-to-date peak of 1.2085 in January. Currently, it is positioned between 1.1465 and 1.1507 on Thursday, March 19 — reflecting a decrease of about 5.1% over the past three months, with no signs of deceleration in this trend. The pair experienced a decline exceeding 0.8% on Wednesday, subsequent to the … Read more

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USD/JPY Approaches Key 160 Breakout Zone

The USD/JPY pair is currently fluctuating between ¥157.63 and ¥158.92 on Thursday, influenced by session measurements. It has seen a decline of 0.57% to 0.62% today after reaching its peak level since July 2024 during Wednesday’s trading session. The recent decline is minimal and lacks significant structural implications — the pair has retraced to the … Read more

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GBP/USD Range Holds Before Key Rate Decisions

GBP/USD is currently at 1.3320 on Wednesday, reflecting a decline of 0.23% for the session. It is positioned within a well-defined technical range among the major currency pairs at this time. The pair has established a pattern of lower highs and lower lows since the January 29th peak of 1.3847 — a downward trend that … Read more

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USD/JPY Holds Near 160 as Fed Boosts Dollar

USD/JPY is currently positioned around 159.50 to 159.79 this Wednesday afternoon, reflecting an increase of 0.46% for the session. The Federal Reserve has just validated what the markets had anticipated with a 99% probability: rates will stay steady at 3.5%-to-3.75%. The Interest Rate Projections for the current year were adjusted to 3.4% from 3.6%, while … Read more

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GBP/USD Stuck as Strong Dollar Caps Upside

GBP/USD is currently at 1.3310 on Tuesday, influenced by two opposing forces: a pound that is showing modest recovery and has performed relatively well compared to other G10 currencies amid the Iran conflict, and a US Dollar that remains resilient as geopolitical risk premiums, safe-haven demand, and a hawkish Federal Reserve scenario continue to support … Read more

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GBP/USD Under Pressure as Dollar Strength Dominates

GBP/USD is currently positioned at $1.3225–$1.3316 on Monday, marking a break from a four-day decline with a modest rebound from Friday’s three-month lows beneath $1.3250. The bounce is evident; however, the context lacks optimism — the pair continues to trade beneath the 20-period Simple Moving Average at $1.3325 and significantly below the gradually declining 100-period … Read more

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EUR/USD Slides as Energy Shock Fuels Dollar Strength

EUR/USD is experiencing a significant decline. The pair reached a low of $1.1411 on Friday and made a slight attempt to recover toward $1.1500 on Monday. However, this bounce should be interpreted accurately: it is merely a partial relief within a firmly established bearish framework, rather than a sign of reversal. The decrease from the … Read more

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USD/JPY Near 160 as Yield Gap Drives Rally

The USD/JPY pair is currently positioned between 159.60 and 159.75 on Monday, hovering just beneath the significant 160.00 level, which has marked the upper limit of the Japanese monetary authority’s tolerance for yen depreciation over the last two years. The pair has achieved a 4.63% increase over the last four weeks — marking the most … Read more