AUD/USD experiences a decline after the publication of weaker employment figures from Australia. Australia’s Unemployment Rate increased to 4.5% in April; concurrently, the Employment Change decreased by 18.6K jobs. Trump indicated that negotiations between the US and Iran are nearing completion, warning of potential military action within days should Iran decline his conditions. AUD/USD has … Read more
The GBP/USD has ultimately relinquished the technical framework that had sustained it amid weeks of declining UK political fundamentals. The pair has plummeted through all significant moving averages on the daily chart, reaching new multi-week lows at 1.3320 on Friday — marking the lowest level since April 8. The cumulative impact of this week’s events … Read more
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
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
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
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
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
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
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
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