AUD/USD softens to near 0.7180. Wednesday’s early Asian session. Australian GDP expanded by 0.3% quarter-on-quarter in the first quarter of 2026, falling short of expectations. US forces have executed strikes following an attack by Iran, according to reports. The AUD/USD pair experiences a decline, reaching approximately 0.7180 in the early Asian session on Wednesday. The … Read more
The EUR/USD pair represents the most straightforward conundrum currently available, and its resolution encapsulates the entirety of the trading landscape. The euro trades near 1.1637 on June 2, reflecting a marginal increase of 0.05% during the session, yet it remains at its lowest point since April 7. Here’s the part that confounds many: the European … Read more
GBP/USD is seeking direction around 1.3450 in a market characterised by caution. Rising tensions between the US and Iran are impacting risk appetite on Monday. The pair is exhibiting a triangular formation, with a bearish outcome appearing more likely. The British Pound remains practically flat against the US Dollar on Monday, trading both sides of … Read more
USD/JPY enters June in a standoff with the Bank of Japan, and currently, the speculators are holding the upper hand. The pair is trading around 159.50, moving upward as the yen generally lags, and it’s approaching the 160 mark that raised intervention alerts just a month prior. The scenario unfolds like a classic Western tale: … Read more
The USD/JPY pair is well within reach of the politically sensitive 160.00 handle that has frequently attracted the attention of Japanese authorities as it enters the last day of May, trading near 159.20 and at one point reaching a nearly four-week high above 159.50. The recent increase occurs notwithstanding two rounds of suspected intervention by … Read more
EUR/USD is experiencing a downturn on Thursday, trading within the range of $1.1705 to $1.1712, reflecting a decline of approximately 0.1% for the day and remaining near its lowest points in almost a week. The pair has experienced a decline over several consecutive sessions, gradually distancing itself from last week’s peaks above the 1.1790 level … Read more
The GBP/USD pair exhibited minimal movement on Wednesday as attention turned to the increasing government bond yields in both the US and UK, driven by escalating inflation concerns. The current trading level stands at 1.3550, which is below the previous week’s peak of 1.3656. The GBP/USD pair experienced an increase as market participants concentrated on … Read more
The GBP/USD pair is currently positioned at 1.3520 during the early European session on Tuesday, marking a decline for the third consecutive day after failing to maintain levels in the 1.3655–1.3660 range reached last Friday, which was the highest level observed since February 16. The recent shift has diminished some of the previous week’s upward … Read more
The EUR/USD has reached a critical juncture, aligning precisely with expectations. Following a decline from the 1.2050 high, the pair encountered significant buying interest near the 1.1800 mark, which is now serving as a pivotal point rather than merely an intraday level. Monday’s movement downward examined the lower range and momentarily challenged the 1.1737–1.1700 area, … Read more
The USD/JPY has transitioned from a consistent upward movement into a distinct downward phase. The pair, after consistently testing the 157–159 range, experienced a significant decline due to intervention speculation and suspected coordinated efforts, falling approximately 2.5% in a single move to around ¥153.31, and subsequently stabilizing in the ¥153.00–¥154.50 range. The current price is … Read more