Cable finds itself ensnared in a predicament similar to that of the euro: as the central bank adopts a hawkish stance, the currency continues to decline regardless. GBP/USD declined to 1.3449 on Wednesday, reflecting a decrease of approximately 0.13% during the session and marking its lowest point since early April, significantly below the multi-year peak … Read more
GBP/USD enters the final session of May trading around $1.3436, having pared earlier losses to hold slightly above the $1.34 handle as investors assess the complexities of Middle East diplomacy alongside evolving expectations for UK interest rates. The pound is poised to record a monthly decline exceeding 1% against the dollar, having depreciated approximately 1.24% … Read more
The AUD/USD exchange rate experienced a decline following the release of consumer inflation data from the Australian Bureau of Statistics, which fell short of expectations. It declined to 0.7135, a decrease from the year-to-date peak of 0.7278. It also retreated amid increasing concerns regarding the US-Iran agreement aimed at concluding the conflict. The AUD/USD pair … Read more
The USD/JPY exchange rate was approximately 159.50, maintaining its position near one-month highs and approaching the significant 160.00 threshold, which Japanese officials consider the boundary for acceptable yen depreciation. The pair has been steadily advancing for multiple sessions, reaching new one-month highs in the range of 159.45 to 159.65 as the yen finds it challenging … Read more
On May 27, the British pound to US dollar exchange rate was trading at 1.3447, almost at the 200-day exponential moving average, which has supported the sterling’s rise since 2025. The pair has fallen 0.48 percent in the past year, but it is still within the large consolidation range that will determine cable prices beyond … Read more
AUD/USD declines to approximately 0.7165 during the Asian session on Tuesday. The US military has reported conducting new strikes in southern Iran. Traders prepare for the upcoming release of Australia’s April CPI inflation report, scheduled for Wednesday. The AUD/USD pair is currently positioned in negative territory, trading around 0.7165 during the Asian trading hours on … Read more
EUR/USD is currently at 1.1625 during midday European trading on Tuesday, reflecting a decrease of 0.15% from the previous day’s close. The pair is moving within a narrow range beneath the 1.1650 resistance level that has characterised its price movements throughout the month. The 5-day moving average is positioned at 1.1601, while the 50-day moving … Read more
EUR/USD is currently positioned at approximately 1.16382 in the European session on Monday, reflecting an increase of about 0.31%. The pair has made a recovery from the 1.1575 level, which represented the lowest point since April 7 last Thursday. The intraday range has extended from a low of 1.16287 to a high of 1.16538, with … Read more
USD/CAD experiences an upward movement as declining oil prices exert pressure on the commodity-linked Canadian Dollar. WTI declines as US Senator Marco Rubio highlighted indications of a potential US-Iran agreement, while Iranian officials recognised reduced differences. President Trump will officially appoint Kevin Warsh as the chair of the US Federal Reserve this Friday at the … Read more
In late Friday trading on May 22, 2026, USD/JPY is trading at 159.10, marginally higher on the day as the U.S. Dollar Index at 99.30 offers a slight 0.1% gain against the larger G10 complex. The pair has spent the past three trading sessions consolidating in a tight 158.65 to 159.35 band, which represents one … Read more