ForexNewsPlus Updates

GBP/USD Holds Firm Near 1.35 Despite Strait of Hormuz Tensions

The British Pound is trading at approximately 1.3500 during Thursday’s session, remaining largely stable for the day after bouncing back from earlier intraday losses that saw the pair dip to 1.3450 — a new weekly low influenced by heightened demand for the safe-haven US Dollar amid the escalating situation in Iran. During mid-European hours, some … Read more

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EUR/USD Rises to 1.1760 but Faces Geopolitical Resistance

The EUR/USD pair has diminished its losses, currently trading in the 1.1760 area after bouncing back from session lows around 1.1730. In March, German Producer prices experienced their fastest increase in nearly four years. The Euro remains limited below a previous support level around 1.1770. The Euro has reversed earlier declines against the US Dollar … Read more

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EUR/USD Pulls Back After Rally Amid Rising Dollar Demand

EUR/USD is positioned between 1.1770 and 1.1782, reflecting a decline of 0.19% to 0.24% during the session. This follows an impressive eight-day winning streak that propelled the pair from the 2026 low of 1.1410 to a weekly high of 1.1825, marking its most robust level since the escalation in the Middle East commenced in late … Read more

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AUD/USD dips to about 0.6885

AUD/USD experiences a decline, settling at approximately 0.6885 during the early hours of Monday’s Asian session. In March, Nonfarm Payrolls saw an increase of 178K, surpassing expectations. Westpac analysts project three more rate increases in 2026 as a measure to address inflationary pressures. The AUD/USD pair continues its downward trend, approaching 0.6885 in the early … Read more

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USD/JPY Near 160 as Yield Gap Drives Rally

The USD/JPY pair is currently positioned between 159.60 and 159.75 on Monday, hovering just beneath the significant 160.00 level, which has marked the upper limit of the Japanese monetary authority’s tolerance for yen depreciation over the last two years. The pair has achieved a 4.63% increase over the last four weeks — marking the most … Read more

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GBP/USD Slides to Yearly Lows as UK GDP Stalls and Dollar Strengthens

GBP/USD is currently positioned within the 1.3250 to 1.3260 range on Friday, marking fresh yearly lows, following a significant drop below the 1.3300 level, which had acted as a near-term psychological support for the majority of the week. The pair has experienced a decline for four consecutive sessions, losing around 300 pips from the 1.3575 … Read more

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USD/JPY Nears 160 as Oil Surge and War Risk Weigh on Yen

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

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USD/JPY Jumps to 157.60 as Trump Declares Iran War “Very Soon” Over

USD/JPY is currently consolidating near 157.60 on Tuesday, March 10, 2026 — a notable decline from Monday’s intraday high of 158.90 following President Trump’s remarks that the Iran war is “very complete, pretty much” and could conclude “very soon.” The aforementioned statement catalyzed a total shift in the prevailing strategy of “sell Asia, buy America,” … Read more

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USD/JPY Rises as Oil Surge Hits Japan

USD/JPY is approaching the resistance zone of 158.00 to 158.50 — the most technically significant ceiling the pair has faced since the January 2026 highs near 159.44. The rally from the 152.25 low has been methodical, persistent, and almost entirely driven by a single macro variable that has nothing to do with interest rate differentials, … Read more