ForexNewsPlus Updates

USD/CAD Holds Steady Ahead of Trump Xi Summit

USD/CAD maintains its stability as market participants anticipate the pivotal Trump-Xi summit. Trump and Xi are considering a reduction in tariffs on $30 billion worth of non-sensitive goods, while excluding items deemed essential for national security. The commodity-linked CAD is likely to experience depreciation as declining oil prices diminish demand for Canada’s principal export. USD/CAD … Read more

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EUR/USD Weakens as Dollar Strength Continues

EUR/USD is experiencing a downturn on Thursday, trading within the range of $1.1705 to $1.1712, reflecting a decline of approximately 0.1% for the day and remaining near its lowest points in almost a week. The pair has experienced a decline over several consecutive sessions, gradually distancing itself from last week’s peaks above the 1.1790 level … Read more

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GBP/USD Under Pressure as UK Gilt Yields Surge

GBP/USD is currently at 1.3500 on Wednesday, May 13, 2026, following a 10-day low after experiencing a third consecutive day of losses against a strengthening U.S. dollar. The session has yielded a decline ranging from 0.25% to 0.57% on the day, contingent upon the data source, with intraday figures converging around 1.3500 according to one … Read more

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GBP/USD Edges Higher Ahead of US Jobs Data

GBP/USD is experiencing slight increases, hovering around 1.3560 during the early hours of Friday’s Asian session. Trump stated that the truce with Iran remains in effect. Market participants prepare for the upcoming US Nonfarm Payrolls report scheduled for release later on Friday. The GBP/USD pair demonstrates slight upward movement, trading near 1.3560 during the Asian … Read more

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EUR/USD Stays Firm Amid Global Tensions

The single currency is engaging in the meticulous effort characteristic of the concluding phases of a prolonged recovery, and the displayed price this Friday clearly indicates the current state of indecision. The EUR/USD pair is currently trading within a range of $1.1730 to $1.1782, varying by venue and time, reflecting an increase of approximately 0.50% … Read more

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USD/CAD Gains as Falling Oil Prices Weigh on Loonie

The USD/CAD pair is experiencing modest gains, hovering around 1.3635 in the early hours of European trading on Thursday. Expectations surrounding a potential US-Iran peace agreement aimed at resolving the conflict are exerting downward pressure on crude oil prices, consequently impacting the commodity-sensitive Canadian Dollar in relation to the US Dollar. US President Donald Trump … Read more

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USD/CAD Slips Near 1.3620 as Oil Boosts Canadian Dollar

The USD/CAD pair has declined to approximately 1.3620 during the early Asian session on Tuesday. The UAE has reported incoming missile and drone strikes originating from Iran. Fed’s Kashkari indicated that additional rate hikes remain a possibility. The USD/CAD pair declines to approximately 1.3620 in the early Asian trading session on Tuesday. Rising tensions in … Read more

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EUR/USD Holds Key Support Amid Dollar Strength

The current exchange rate is hovering around 1.1690 against the dollar during Tuesday’s trading session, teetering after dipping below the significant 1.1700 level earlier and now approaching the 50-day Exponential Moving Average at 1.1682. Two consecutive sessions of selling have positioned the cross at the lower boundary of the ascending channel that has defined the … Read more

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EUR/USD Stalls Near 1.17 as Dollar Strength Caps Gains

The EUR/USD pair is currently at a critical juncture as Monday’s session progresses, last seen trading in the range of 1.1700-1.1710 following a brief ascent during the Asian session into the mid-1.1740s, which was quickly reversed. The decline observed on Friday from a one-and-a-half-week peak close to 1.1847 has continued into the new week, with … Read more

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GBP/USD Surges Toward 1.36 as BoE Holds Rates

On Thursday, April 30, 2026, GBP/USD is experiencing its most significant intraday rally in three weeks, with the currency pair trading between 1.3558 and 1.3580, reflecting gains of +0.61% to +0.80% during the session. This movement is driving the pair toward three-day highs around the 1.3578 level, following the Bank of England’s provision of a … Read more