USD/JPY is positioned at 159.39 — a figure that seemed unfathomable at the beginning of the month when the pair was stabilizing around 152.50 to 153.00, prior to the comprehensive macro effects of the Iran war permeating the global currency market. The transition from the pre-conflict range to 159.39 indicates an approximate 4.60% increase in … Read more
GBP/USD is currently at 1.3362 as of March 6, 2026, showing signs of consolidation after a brief dip to three-month lows around 1.3250 earlier this week. This marks a potential third consecutive weekly decline, significantly lower than the late-January peak of 1.3870. The 620-pip decline over a span of five weeks cannot be classified as … Read more
As of March 6, 2026, EUR/USD is positioned at 1.1579, having faced resistance at 1.1644 and is now approaching the January low of 1.1578. The pair is trading beneath both the 50-day and 200-day EMAs and has breached the rising channel that has guided price movements since mid-2025. The daily close breaking that channel is … Read more
GBP/USD is currently at 1.3337 on Thursday, reflecting a decrease of 0.25%, remaining close to three-month lows within a descending channel that has limited every rally since the 1.3869 swing high. Two forces are acting concurrently on sterling: geopolitical safe-haven demand pushing the DXY to 98.90-99.00 for a third straight day, and U.S. economic data … Read more
GBP/USD is currently positioned near 1.34 following a significant intraday decline that momentarily pulled the pair down to the 1.3315–1.3330 range. The recent shift is not arbitrary; it signifies a clear adjustment in the assessment of war risk, as synchronized US–Israel operations targeting Iran, drone assaults throughout the region, and overt threats concerning the Strait … Read more
EUR/USD is experiencing a significant decline. The pair fell to an intraday low of 1.1698 during Monday’s European session — a level not observed in weeks — before recovering slightly to trade around 1.1734. The day reflects a decline of approximately 1%, a significant shift in the context of major foreign exchange movements. The Dollar … Read more
On Monday, March 2, 2026, USD/JPY surged past 157.50, achieving an increase of over 0.5% during the session and approaching the monthly high of 157.30 established in late February — a threshold that was surpassed intraday as the pair advanced toward 158.00. The U.S. Dollar Index experienced a notable increase of 0.6–0.89%, reaching levels between … Read more
GBP/USD is currently positioned between 1.3615 and 1.3622, having struggled to maintain momentum after the attempt to reach 1.3850 to 1.3858. The pair has experienced a slight decline over the past three to four sessions, resulting in a modest weekly gain of approximately 0.12%. However, this pullback is occurring within a rising channel, rather than … Read more
The US Dollar against the Japanese Yen sees a drop on Friday as earlier gains are moderated by weaker-than-expected inflation figures from the US. There has been a rise in demand for the Yen following the recent election outcomes in Japan, coupled with positive indications from local policies. Japanese officials suggest a cautious but steady … Read more
The USD/JPY has transitioned from a steady upward movement to a pronounced correction, currently trading in the range of 152.8–153.2 following three consecutive daily declines and a loss exceeding 2.5% for the week to date. The shift is propelled by a clear convergence: a significant triumph for Prime Minister Sanae Takaichi that alleviated Japanese political … Read more