ForexNewsPlus Updates

USD/CAD Drops Under 1.3700 as CRS Surpass Expectations

The USD/CAD pair experiences a decline, trading near 1.3685 in the early Asian session on Monday. The pair reaches its lowest point since December 30, 2025, as the US Dollar experiences widespread declines, while data indicates an increase in Canadian Retail Sales for November. Market participants will monitor the upcoming release of the US November … Read more

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EUR/USD Approaches 1.19 as Dollar Dips to 97.00

The EUR/USD pair is currently positioned between 1.1860 and 1.1900, following a surge to a four-month peak close to 1.1875 and a spike towards the 1.1919–1.1920 range, marking its highest level in nearly four years. The shift is driven by compelled Dollar liquidation, rather than an unexpected surge in the Euro. The Dollar Index currently … Read more

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GBP/USD Hits 1.35 as BoE Cut Bets Fade

GBP/USD is positioned within the upper band of its recent range, currently around 1.3500–1.3530 after reaching a two-week high close to 1.3530. The market is evidently adhering to the 1.3530–1.3570 range as a significant resistance level – this area previously turned away price in early January and now serves as a crucial decision-making point. A … Read more

ForexNewsPlus Updates

USD/CAD Slides as Canadian Retail Sales Beat Expectations

The Canadian Dollar continues to strengthen against the US Dollar on Friday, bolstered by a generally weaker Greenback and robust Canadian Retail Sales figures that exceeded expectations. As of the current moment, USD/CAD is positioned at approximately 1.3767, indicating a fifth consecutive day of decline. The USD/CAD pair continues to fall as robust Canadian Retail … Read more