ForexNewsPlus Updates

GBP/USD Consolidates Near 1.35 as BoE Cut Bets Clash with Firm USD

The GBP/USD pair is currently situated in the 1.3530–1.3565 range, with the spot price fluctuating approximately between 1.3531 and 1.3540 during European trading and reaching around 1.3565 in Asia. The price is positioned nearly precisely on the 20-day EMA at 1.3562, indicating a market that is currently in a state of equilibrium rather than exhibiting … Read more

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EUR/USD Coils Near 1.18 Ahead of German CPI Trigger

The EUR/USD pair is currently confined within a tight weekly range of approximately 70 pips, with the lower boundary positioned around 1.1765–1.1778 and the upper limit restricted in the 1.1830–1.1834 area. The market has been oscillating between 1.1790 and 1.1830, reaching an intraday peak of 1.1830, aligning with the 50% retracement of the latest swing … Read more

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USD/JPY Dips and Dives at 155.75 Amid BoJ Hawkish Talk

The USD/JPY currency pair has been fluctuating between approximately ¥155.75 and ¥156.80–156.85, following a peak at a two-week high near 156.8 before retreating toward the 155.7–156.0 range. The movement from just below ¥156.00 to ¥156.8, followed by the rejection, indicates a market that remains bullish on dollars, yet is becoming more responsive to any signals … Read more

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GBP/USD Surges Past 1.35 as Trump Tariffs Weigh on Dollar

GBP/USD has continued its upward trajectory for the fourth consecutive session, currently trading in the range of 1.3516–1.3530, steadily moving higher within a narrow band of 1.3467–1.3560. The price has been consolidating around the 1.3500 level, with repeated buying interest emerging at dips toward 1.3470, while supply is accumulating in the 1.3535–1.3560 range. Over the … Read more

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EUR/USD Hits 1.18 Amid Trump Tariffs and Euro Inflation

EUR/USD remains stable near 1.1800 following a decline from the highs of 1.2093–1.2095 observed in January. In the United States, February consumer confidence rose to 91.2 from 89, surpassing the consensus estimate of 87. This indicates that domestic demand continues to be robust, despite the growing trade uncertainties. Housing data indicate a cooling trend, yet … Read more

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EUR/USD Stuck at 1.1780 Amid Tariff Concerns

EUR/USD is currently positioned around 1.1770–1.1780, having encountered resistance near 1.1835 and pulling back from the 1.2100 level reached last month. The pair is currently positioned at the 61.8% Fibonacci retracement level following the rebound from the 200-day SMA at 1.1658, establishing the 1.1775–1.1770 range as a significant pivot point. The present range is 1.1750–1.1830. … Read more

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EUR/USD Stays Above 1.18 as Fed Cut Bets Target 1.20

The EUR/USD pair is currently hovering around $1.1820, positioned slightly above the $1.1800 pivot point, where short-term buyers and sellers are engaging in a competitive assessment. The price is positioned on a convergence of averages and trendlines that delineate the boundary between a gradual ascent towards $1.1925–$1.2000 and a more pronounced decline back towards $1.1740. … Read more

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USD/JPY Slides to 154 Amid 15% Tariff Shock on Carry Trade

The USD/JPY has shifted from a volatility peak around 155.65 on 20 February to a trading level nearer to 154.35 on 23 February, with intraday lows approaching the 154.00 mark and experiencing losses exceeding 0.45% for the day. The pair initially moved upward following earlier US data but then reversed course as the tariff narrative … Read more

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EUR/USD Near 1.18 Amid Tariff Shock and Fed Adjustments

The EUR/USD rate has decreased from the January range of approximately 1.2093–1.2095 to about 1.1780, representing a decline of slightly more than 2.8% within a few weeks. The price consistently approaches 1.1800, with upward movements toward 1.1850 being met with selling pressure, while downward shifts into 1.1750 are promptly met with buying interest. The magnet … Read more

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GBP/USD Stays Strong at 1.34 as Supreme Court Axes Trump Tariffs

GBP/USD has experienced a decline of over 3% from its peak in late January and is currently trading within the 1.34–1.35 range. Price is currently trading in the range of 1.3460 to 1.3498, positioned nearly at the 2026 yearly open of 1.3474. This follows the significant re-rating phase that commenced in 2025, when the initial … Read more