ForexNewsPlus Updates

EUR/USD Holds Above 1.1400 as ECB Comes Into Focus

EUR/USD remains anchored around 1.1426, oscillating within a narrow range of 1.1400-1.1485 that has confined the pair for the past week and a half, preventing any decisive movement in either direction. The euro settled Monday down 0.08% at 1.1426, hovering just above the 200-period moving average at 1.1434 and pinned below the 50-period average at … Read more

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EUR/USD Holds Near 1.1450 Ahead of ECB, Fed Meetings

The euro maintained an early recovery close to 1.1450 against the dollar throughout Monday’s European session, with the pair rebounding as the greenback weakened in anticipation of a week featuring two central-bank decisions and a series of growth data releases. The dollar index slipped 0.1% to 100.65, providing the single currency with an opportunity to … Read more

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EUR/USD Rangebound Ahead of ECB Decision

EUR/USD trades at 1.1445, maintaining the 1.14 handle it has upheld for six weeks, exhibiting a lack of movement in the process. The pair concluded trading on July 13 at 1.13812 and on July 14 at 1.1421, subsequently oscillating within a 63-pip range in each session thereafter. The Dollar Index currently stands at 100.75, having … Read more

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GBP/USD Surges Above 1.35 on Strong UK GDP Surprise

Cable trades at 1.350171, reflecting an increase of 0.79% during the session — marking its strongest print since the highs observed in January and representing the first significant test of the 1.35 level in several months. The pair was positioned at 1.3401 during Wednesday’s European session, recorded at 1.3394 on July 12, and noted at … Read more

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EUR/USD Holds Near 1.145 as Fed Rate Edge Caps Euro Gains

The EUR/USD is currently at 1.1448, reflecting an increase of 0.13% over the past week, while showing a decline of 1.39% over the last thirty days. The pair has appreciated since Monday, yet it has shown no increase since January. The recent trajectory reflects a succession of unsuccessful attempts. On July 12, the pair was … Read more

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GBP/USD Near 1.34 as Markets Eye BoE and Fed

GBP/USD trades at 1.3387, reflecting an increase of 0.28%, following a Tuesday close at 1.3407, which marked a 0.44% gain that brought the pair back to mid-June levels.The pound experienced a rebound from an overnight low of 1.3369 on Monday, reaching 1.3391 prior to the release of U.S. inflation data. It has since recovered 1.68% … Read more

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EUR/USD Trades Near Key Support Amid Middle East Tensions

EUR/USD changed hands at 1.1390 Monday, maintaining a defensive position beneath the 1.1400 handle, marking its weakest level in a year. The dollar commenced the week with strength driven by safe-haven flows, while the pair experienced a breakdown from a bearish flag formation. The US Dollar Index climbed 0.2% to 101.15 as the weekend U.S.-Iran … Read more

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USD/JPY Advances on Fed-BoJ Rate Divergence and Oil Shock

The USD/JPY increased to 162.41 on Monday, reflecting a rise of 0.44%. This movement occurred as the yen surrendered gains from the previous session, reaching new 40-year lows against the dollar. The upward pressure on the dollar was attributed to the recent escalation in Hormuz, which caused a spike in oil prices, heightened expectations for … Read more

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GBP/USD Eyes 1.35 as BoE Hawks Back Sterling

GBP/USD held at 1.3389 on Monday, finding support near 1.3370 and maintaining its recovery near 1.3400, as sterling rebounded from the weekend’s risk-off shock while the dollar’s safe-haven appeal diminished in light of Iran mediation signals. The contrast with the euro is noteworthy: while EUR/USD remains at one-year lows near 1.1390, cable has managed to … Read more

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EUR/USD Stays Around 1.14 as Strong Dollar Dwarfs ECB Rate Hike

The EUR/USD pair commenced the third quarter at the 1.14 level, currently trading around 1.1410 after recovering from the one-year lows observed last week. The pair closed June at roughly 1.1400, a whisker off its weakest level since June 2025, and the bounce off the recent 1.1324 low did nothing to change the trajectory. The … Read more

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