ForexNewsPlus Updates

EUR/USD Stays Strong Above 1.1550 as Dollar Weakens

The EUR/USD pair was seen trading between 1.1550 and 1.1565 during Monday’s European session, reflecting a period of consolidation after three sessions marked by volatility due to U.S. fiscal developments and mixed macroeconomic data. The euro held steady against the U.S. dollar despite progress in Washington towards ending the historic government shutdown, a political shift … Read more

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USD/JPY Outlook – 154.00 as U.S. Fiscal Optimism Balances BoJ Caution

The USD/JPY pair exhibits notable volatility while demonstrating resilience, currently positioned just beneath its eight-month peak at 154.49. This stability is driven by optimism surrounding a potential resolution to the U.S. government shutdown, which counters the renewed caution emerging from Tokyo. During the Asian session on Monday, the pair was observed trading in the range … Read more

EUR-USD

EUR/USD Struggles to Recover Amid Fed Stalemate and U.S. Shutdown

The EUR/USD pair is currently positioned at approximately 1.1566 during late New York trading, showing a slight recovery from the previous week’s low of 1.1467, the lowest point since early August. The rebound came after a two-day rally that pushed the pair above the 1.1550 handle; however, the overall sentiment remains cautious as markets grapple … Read more

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EUR/USD Holds Firm at 1.1560 as Dollar Dips on Fed Rate Cut Speculation

The EUR/USD pair has demonstrated a calculated strength as the week concludes, maintaining a position near 1.1560, reflecting an increase of 0.16%. This movement comes as investors step back from the U.S. dollar, influenced by escalating political dysfunction in Washington and diminishing macroeconomic clarity. The ongoing U.S. government shutdown has reached its 38th day, significantly … Read more

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USD/CAD Takes a Breather in a Turbulent Market

The USD/CAD pair exhibited volatility near 1.41 on Thursday, indicating the formation of another potential shooting star pattern. A short-term pullback toward 1.40 appears probable, although buyers may resurface at that level in the context of persistent U.S. dollar strength and trade-related fluctuations. The U.S. dollar exhibited volatility during the trading session on Thursday in … Read more

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GBP/USD Faces Hurdles at 1.3150 Amid U.S. Job Woes and Shutdown

GBP/USD was observed trading around 1.3148, showing a slight recovery from a daily low of 1.3094, as market participants processed a combination of U.S. political stagnation, disappointing employment figures, and the Bank of England’s accommodative position. The pair experienced a 0.10% increase intraday; however, it continues to be trapped in a delicate consolidation phase after … Read more

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USD/JPY Outlook – 152.85 Amid 153K U.S. Job Cuts

USD/JPY declined to approximately 152.85 in late Friday trading, following a rejection near 153.50, resulting in a 0.6% loss for the week as investors adopted a more cautious stance ahead of the U.S. consumer sentiment data. The pair initially experienced an uptick as disappointing Japanese household spending figures led to a depreciation of the yen; … Read more

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EUR/USD Bounces Back from 3-Month Low as Dollar Weakens

The EUR/USD currency pair demonstrated a consistent recovery on Thursday, rising 0.36% to 1.1529, following a significant bounce from a three-month low of 1.1468 earlier in the week. The decision came after a volatile midweek session characterized by varied U.S. macroeconomic data, accommodating signals from Federal Reserve officials, and a positive shift in sentiment among … Read more

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USD/JPY Outlook – Eyes on 153.60 for Potential Breakout

The USD/JPY pair is currently exhibiting a narrow range, fluctuating around 153.60–153.90, as market participants weigh the strength of the U.S. economy against Japan’s persistent monetary divergence. Despite short-term fluctuations influenced by the employment report (42,000 new jobs in October) and ISM Services PMI (52.4), the overall sentiment remains optimistic. The Japanese Yen is experiencing … Read more

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GBP/USD Plummets to Seven-Month Low Amid Reeves’s Tax Alert

The GBP/USD saw a drop on Wednesday, reaching 1.3041, its lowest level since April 2025. This movement showcases how traders are adapting to fresh fiscal uncertainties and the growing gap between the Bank of England and the U.S. Federal Reserve. The recent shift indicates Sterling’s third consecutive weekly downturn, extending its two-week decline to over … Read more