ForexNewsPlus Updates

USD/CAD Rises as Oil and Conflict Drive Markets

The USD/CAD pair moves upward, approaching the 1.3750 level during the Asian session on Tuesday. Iran’s Foreign Minister stated that there is currently “no dialogue” between Tehran and Washington. Increased crude oil prices may bolster the commodity-linked Canadian dollar. The USD/CAD pair shows resilience, climbing to approximately 1.3750 in the Asian trading session on Tuesday. … Read more

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USD/CAD Steady as Oil Surge Supports Loonie

USD/CAD remains steady at approximately 1.3725 during the early Asian session on Monday. Trump is considering military options regarding Iran’s Kharg Island. An increase in crude oil prices may bolster the commodity-linked Loonie. The USD/CAD pair is currently trading in a stable manner around 1.3725 as the early Asian trading session unfolds on Monday. Market … Read more

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GBP/USD Swings as Oil and War Drive Markets

GBP/USD faced significant pressure, dipping to $1.3223 during the Asian session. However, a recovery ensued, lifting Cable above $1.3400 following Trump’s announcement of a ceasefire in Iran, which led to a sharp decline in the USD and a resurgence of risk appetite in the markets. The intraday range — from $1.3223 to $1.3457 by mid-session … Read more

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USD/JPY Volatility Surges Near 160 on Oil and Intervention Risk

USD/JPY commenced trading at ¥159.60, just 40 pips shy of a key psychological and historical benchmark in the forex market. The pair then experienced a sharp reversal to ¥158.06, influenced by Trump’s announcement of a ceasefire in Iran, resulting in a 153-pip intraday swing. This movement illustrates the volatility of a currency pair affected by … Read more

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GBP/USD Holds Gains as BoE Turns Hawkish

GBP/USD is currently positioned between 1.3380 and 1.3400 on Friday, reflecting a decline of 0.21% to 0.39% for the day. This follows Cable’s weekly peak of 1.3467 on Thursday, marking one of the most significant single-session reversals observed in recent months. The intraday spread on Friday exhibited a narrow range — the pair experienced downward … Read more

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USD/CAD Steady as Oil Backs Loonie

USD/CAD experiences slight declines, hovering near 1.3730 during the early European session on Thursday. The pair exhibits a slightly positive outlook in the short term as RSI momentum remains above the midpoint. The upside barrier is identified at 1.3750, while the initial support level to monitor stands at 1.3680. The USD/CAD pair is currently trading … Read more

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EUR/USD Under Pressure as Dollar Strength Persists

EUR/USD commenced 2026 at a year-to-date peak of 1.2085 in January. Currently, it is positioned between 1.1465 and 1.1507 on Thursday, March 19 — reflecting a decrease of about 5.1% over the past three months, with no signs of deceleration in this trend. The pair experienced a decline exceeding 0.8% on Wednesday, subsequent to the … Read more

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GBP/USD Range Holds Before Key Rate Decisions

GBP/USD is currently at 1.3320 on Wednesday, reflecting a decline of 0.23% for the session. It is positioned within a well-defined technical range among the major currency pairs at this time. The pair has established a pattern of lower highs and lower lows since the January 29th peak of 1.3847 — a downward trend that … Read more

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EUR/USD Under Pressure Below 1.1500

EUR/USD is currently positioned in the low 1.1500s on Wednesday, constrained beneath the significant 200-hour Simple Moving Average at 1.1547 and struggling to extend the two-day recovery that brought it up from the August 2025 low of 1.1413. The pair has experienced a significant pullback from its 2026 peak of 1.2080, falling below both its … Read more

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USD/JPY Holds Near 160 as Fed Boosts Dollar

USD/JPY is currently positioned around 159.50 to 159.79 this Wednesday afternoon, reflecting an increase of 0.46% for the session. The Federal Reserve has just validated what the markets had anticipated with a 99% probability: rates will stay steady at 3.5%-to-3.75%. The Interest Rate Projections for the current year were adjusted to 3.4% from 3.6%, while … Read more