ForexNewsPlus Updates

AUD/USD Rallies on Fed Independence Concerns

The AUD/USD exchange rate experienced an upward trend over three consecutive days, driven by a weakening US dollar amidst worries regarding the Federal Reserve’s autonomy. The asset reached a peak of 0.6720, surpassing the previous week’s low of 0.6663. The Australian dollar experienced a rebound as investors continued to express concerns regarding the Federal Reserve’s … Read more

ForexNewsPlus Updates

EUR/USD Approaches 1.17 as Fed-Powell Crisis Boosts Euro

The EUR/USD pair is currently fluctuating within a narrow yet volatile range of 1.1650–1.1700, showing signs of recovery from the previous week’s low of 1.1617 and consistently testing the 1.1690–1.1700 area. The shift is influenced not solely by traditional growth or interest rate differentials; rather, it is propelled by a significant institutional impact on the … Read more

ForexNewsPlus Updates

USD/JPY Approaches 158 Amid Fed Probe

The USD/JPY cross is currently positioned between 157.7 and 158.2, reaching one-year highs and approaching the peak observed in January 2025. The price action indicates a clear and sustained uptrend: daily closes are consistently above the 21-day SMA near 156.5 and the 100-day SMA around 152.7. Additionally, momentum indicators such as RSI at approximately 62 … Read more