ForexNewsPlus Updates

USD/JPY Dips to 155 as Fed Eases and BoJ Hikes Aggressively

The USD/JPY pair is currently positioned within the 155.10–155.60 range following a notable intraday decline of approximately 0.5%, which contributes to a two-day recovery of the yen. The pair has declined from recent peaks around 156.90–157.00 and is currently examining a robust support zone situated between 155.50–155.00, as the market adjusts to the altered rate … Read more

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GBP/USD Aims for 1.35 Breakout as Traders Prepare for BoE Rate Cuts

The GBP/USD pair is currently trading at 1.33 United States Dollar, showing a 0.23% intraday increase after recovering from earlier lows near 1.3296. Sterling’s strength continues to build as investors anticipate synchronized policy easing from both the Federal Reserve and the Bank of England. The price action continues to show strong support above the 15-day … Read more

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EUR/USD Heads for $1.16 ECB Hawkishness Steadies Euro at $1.1622

EUR/USD is currently positioned at approximately 1.1622, exhibiting a narrow consolidation range as market participants prepare for the Federal Reserve’s concluding rate decision for 2025. The pair is positioned just above its 1.1605 support level, indicating a degree of investor uncertainty regarding the potential finality of the Fed’s 25-basis-point cut in this cycle. Current futures … Read more

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USD/JPY Stays at 156.57 Amid BOJ Tensions

The USD/JPY pair is currently positioned at 156.57, having declined by 30 pips during the Asian trading session, influenced by a strengthening yen following comments from Prime Minister Sanae Takaichi, who stated that Tokyo is “closely monitoring market developments.” The language prompted short-covering; however, the yen’s appreciation is constrained by ongoing policy divergence. The pair’s … Read more

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USD/CAD Hits Support Ahead of FOMC

USD/CAD experienced fluctuations as the pair approached the previous downtrend line, seeking support and momentarily rebounding. The market’s attention is now directed towards the forthcoming FOMC meeting, which could influence the trajectory of the US dollar, determining if it continues its recovery or declines further. The US dollar exhibited significant volatility against the Canadian dollar … Read more

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AUD/USD Eyes 0.6705 Before FOMC Decision

The AUD/USD exchange rate maintained its robust recovery as market participants anticipated the forthcoming Federal Reserve interest rate decision and its possible divergence from the Reserve Bank of Australia. The value increased to a peak of 0.6640, rising from the previous month’s low of 0.6420. The primary element impacting the AUD/USD pair is the anticipated … Read more

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GBP/USD Eyes 1.35 on Fed’s Dovish Shift and U.K. Growth Boost

The GBP/USD pair is experiencing an upward trend for the third week in a row, currently trading around 1.3330, marking its highest point since October 27. The British pound’s recovery is occurring as investors are factoring in a 93% probability of a Federal Reserve rate cut at this week’s meeting, which has driven the U.S. … Read more

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EUR/USD Holds at 1.1650, Powell’s Exit Fuels Bullish Push to 1.18

The EUR/USD pair continued its measured ascent this week, moving from 1.1630 to 1.1643, reaching intraday peaks at 1.1682 before pulling back slightly as Friday’s session concluded. This gradual increase indicates a buildup in anticipation of the Federal Open Market Committee meeting scheduled for December 11, 2025. Market participants expect a 25-basis-point reduction, resulting in … Read more

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USD/JPY Dips to 154 as BoJ’s Hawkish Shift Pushes Yen Toward 150

The USD/JPY pair is currently trading around 154.80, continuing its two-week decline as market participants adjust their positions in anticipation of the Federal Reserve’s meeting on December 10 and the Bank of Japan’s policy decision on December 19. The pair has experienced a decline of more than 2.7% in December, marking its steepest monthly drop … Read more

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USD/CAD Holds at 200-Day EMA Ahead of Jobs Data

USD/CAD is currently limited, with the 50-day EMA and the 1.40 level hindering upward movement, while the pair is positioned on the 200-day EMA. Market participants are closely monitoring the upcoming Canadian employment figures and the anticipated Federal Reserve rate cut next week for guidance on market direction. The US dollar started strong against the … Read more