ForexNewsPlus Updates

GBP/USD Steady Amid Rising Bond Yields

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

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GBP/USD Holds Key Support Amid Dollar Pressure

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

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EUR/USD Stays at 1.18 as DXY Dips to 97.4 – 1.20

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

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USD/JPY Dips to 153 Amid Intervention Worries

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

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EUR/USD Dips Below 1.16 Amid Tariff Tensions

The EUR/USD is currently experiencing a corrective bounce rather than indicating a trend reversal. The pair has bounced back from the 1.1575–1.1600 support area and is attempting to find stability around 1.16–1.1640. However, the overall trend remains negative as long as the price remains below 1.1640, 1.1655, and importantly, 1.1695–1.1740. Clearly defined levels indicate potential … Read more

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EUR/USD Dips to 1.16 Support as Dollar Soars on 4.4% Jobs Data

The EUR/USD pair has retraced over 1.6% from its December high near 1.1747–1.1775 and is currently experiencing a heavy trading range between 1.16 and 1.17. The pair has recorded nine declining sessions in the past eleven and experienced two successive negative weeks, indicating a significant correction rather than mere fluctuations from the late-year breakout. The … Read more

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EUR/USD Dips to 1.1650 Amid NFP and Tariff Concerns

The EUR/USD pair is currently positioned around 1.1650, having experienced five straight days of declines. This movement has reversed the late-December advance towards the 1.1770–1.1808 range, resulting in a retreat into the lower segment of the 1.1589–1.1917 framework. The decline aligns with a strengthening US Dollar and a market adjusting to US labor data, reflecting … Read more

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AUD/USD Hits Multi-Month High After Australian Inflation Data

The AUD/USD pair surged to its peak since October 2024 following the release of Australia’s most recent consumer inflation report. The asset reached a peak of 0.6765 before retreating to the present level of 0.6723 as market participants shift their attention to the forthcoming US jobs report. The AUD/USD pair experienced an increase before retracting … Read more

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USD/JPY Hits 156 as Fed Cuts Align with BoJ’s Hawkish Shift

The USD/JPY pair begins 2026 positioned around the 156 mark, fluctuating approximately between 156.20 and 156.70 following multiple unsuccessful attempts to reach the 158 cycle high. The recent two sessions have seen a dollar rebound amidst extremely thin year-end liquidity, amplifying the impact of each policy headline. The dollar index remains positioned between 98.00 and … Read more

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USD/JPY Stays Around 156.5 Amid Intervention and Fed Cuts

The USD/JPY is currently positioned in the mid-156s, specifically around 156.5–156.6, following a recent high near 157.77 and maintaining a presence in the upper segment of a broad 140–160 range throughout much of Q4. The daily candles exhibit a sense of control; however, it is important to note that we are in late-cycle territory following … Read more