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
The USD/JPY pair is experiencing an upward movement as market participants anticipate a more assertive approach from the Federal Reserve in combating inflation. The CME FedWatch tool indicates that the markets now perceive a 48% likelihood of a rate hike in December, a significant increase from the 14% observed last week. Japan’s producer inflation is … Read more
The USD/CAD pair shows an upward trend as the US Dollar gains strength following the release of robust US Retail Sales data. In April, US Retail Sales recorded a month-over-month rise of 0.5%, exceeding expectations. The Canadian Dollar may appreciate as oil prices rise, driven by optimistic sentiment regarding US-China trade relations. The USD/CAD maintains … Read more
AUD/USD moves upward, approaching 0.7240 during the Asian session on Wednesday. The assertive stance of the RBA supports the Australian dollar. Market participants will monitor the upcoming US PPI inflation report and the Trump-Xi summit scheduled for later this week. The AUD/USD pair appreciates to approximately 0.7240 during the Asian trading session on Wednesday. The … Read more
GBP/USD is currently at 1.3500 on Wednesday, May 13, 2026, following a 10-day low after experiencing a third consecutive day of losses against a strengthening U.S. dollar. The session has yielded a decline ranging from 0.25% to 0.57% on the day, contingent upon the data source, with intraday figures converging around 1.3500 according to one … Read more
On Wednesday, May 13, 2026, the EUR/USD exchange rate stands at 1.17128, marking a continuation of its downward trajectory for the third consecutive session as it falls below the significant 1.1700 threshold. The intraday low has reached the 1.1680 to 1.1700 contention zone, while the earlier morning print of 1.17363 has been gradually diminished, reflecting … Read more
On Wednesday, May 13, 2026, the USD/JPY is trading at 157.87, having extended a three-session bullish streak that has resulted in an approximate 0.8% gain in the short term, propelling the price toward a four-day high near 157.80. The intraday tape has recorded a 0.12% gain for the session, while related FX correlations indicate EUR/USD … Read more
EUR/USD is currently trading at 1.1745 on Tuesday morning, following a continuation of losses for the second straight session. This movement is pushing the pair into the lower range of the multi-week consolidation that has characterized price action since the spring rally lost momentum. The euro is currently positioned approximately 0.42% lower against the U.S. … Read more