ForexNewsPlus Updates

GBP/USD Stuck as Strong Dollar Caps Upside

GBP/USD is currently at 1.3310 on Tuesday, influenced by two opposing forces: a pound that is showing modest recovery and has performed relatively well compared to other G10 currencies amid the Iran conflict, and a US Dollar that remains resilient as geopolitical risk premiums, safe-haven demand, and a hawkish Federal Reserve scenario continue to support … Read more

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EUR/USD Breakdown as Dollar Surges on Energy Crisis

EUR/USD has decreased by about 630 pips from its year-to-date peak of 1.2080 reached in January to the present range of 1.1460 to 1.1495 — representing a decline of approximately 5.2% over the course of a few weeks. That does not represent a gradual repricing. This represents a significant directional breakdown, intensified by one of … Read more

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EUR/USD Dips to 1.1645 as Iran Conflict Shakes Markets

EUR/USD is currently at 1.1645 on Tuesday, March 10, 2026, marking a third consecutive session of gains following a significant rebound from Monday’s near four-month low of 1.1507. The 138-pip recovery from Monday’s floor to Tuesday’s current level represents a significant technical adjustment — it reflects a substantial repricing of the dollar’s safe-haven premium as … Read more

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AUD/USD Edges Higher as Oil Surge Fuels Inflation Concerns

The AUD/USD exchange rate experienced a modest increase to 0.7030 on Monday, as market participants monitored the continuing conflict in Iran, rising crude oil prices, and the forthcoming consumer inflation report. The asset has surged from this month’s low of 0.6945. The AUD/USD exchange rate remained stable as market participants responded to the continuing conflict … Read more

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USD/JPY Climbs Despite Weak NFP

USD/JPY is currently at 157.73 as of March 6, 2026 — reflecting an increase of 0.20% during the session, even in light of a February NFP report that significantly surpassed expectations by the largest margin seen in years. The U.S. economy experienced a loss of 92,000 jobs, contrasting with an estimated creation of 59,000, resulting … Read more

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USD/CAD Falls Near 1.3630 as Oil Climbs

USD/CAD eases to approximately 1.3630 in the early Asian session on Thursday. An increase in crude oil prices boosts the commodity-linked Canadian Dollar. The US service sector demonstrated growth in February 2026. The USD/CAD pair declines to approximately 1.3630 in the early Asian session on Thursday. The Canadian Dollar strengthens against the Greenback as oil … Read more

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EUR/USD at Risk as Oil Shock and Fed-ECB Divergence Favor Dollar

EUR/USD concluded Friday at 1.1817, reflecting a modest increase of 0.13% for the session, yet remaining largely unchanged for the week — confined within a narrow range of 1.1743 to 1.1820, which concealed the turbulent dynamics at play beneath the surface. Then Saturday arrived and the entire dynamic shifted. The United States and Israel initiated … 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 Approaches 1.35 Amid BoE Cut Speculations

GBP/USD is fluctuating around the 1.35 level following a significant pullback from the year-to-date peak close to 1.3865. The pair momentarily dipped under 1.3450, reaching four-week lows, before finding stability as the strength of the US dollar diminished and UK data became less definitive. The current spot rate is contained within a range, facing resistance … Read more

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EUR/USD Stalls as Dollar Rebounds Toward Key 98 Pivot

The US Dollar’s late-January collapse has been largely reversed. The DXY is currently back testing the 97.9–98.0 range, with a focus on the 97.94 Fibonacci level that has influenced price movements since April of the previous year. The level served as a floor following the early-2025 USD selloff, subsequently oscillating between resistance and support through … Read more