EUR/USD remains constrained beneath 1.1500, thereby exposing the 1.1450 support area. Fed’s Goolsbee reiterated that the US faces an inflation issue, suggesting the possibility of additional rate hikes in the future. In Europe, the increasing uncertainty in Germany has counterbalanced the favourable effects of declining oil prices. The Euro is consolidating last week’s decline against … Read more
Cable relinquished the 1.3500 threshold and continued its downward trajectory. GBP/USD traded at 1.3470 during the New York morning, reflecting a decline of 0.38% for the session. The pair began the European day near 1.3505 and recorded a value of 1.3482 by 8:25. The pair currently occupies the lower boundary of its monthly range, lacking … Read more
Sterling rebounded to approximately 1.3385 against the dollar during Asian hours on Thursday, following a Wednesday close at 1.3374, reflecting a decline of 0.01%. The recent bounce appears to be driven by technical factors rather than strong conviction. The GBP/USD has declined by nearly 1.2% over the past four sessions and currently stands 0.51% below … Read more
AUD/USD softens to near 0.7180. Wednesday’s early Asian session. Australian GDP expanded by 0.3% quarter-on-quarter in the first quarter of 2026, falling short of expectations. US forces have executed strikes following an attack by Iran, according to reports. The AUD/USD pair experiences a decline, reaching approximately 0.7180 in the early Asian session on Wednesday. The … Read more
GBP/USD is seeking direction around 1.3450 in a market characterised by caution. Rising tensions between the US and Iran are impacting risk appetite on Monday. The pair is exhibiting a triangular formation, with a bearish outcome appearing more likely. The British Pound remains practically flat against the US Dollar on Monday, trading both sides of … Read more
The euro is behaving as anticipated by every desk the moment the Fed minutes were released on Wednesday afternoon: it is rolling, lacking any fundamental support to bolster its position. EUR/USD is currently positioned at $1.15906, reflecting a decline of 0.27%-0.28%. This movement follows a classic rejection at the resistance range of $1.1640-$1.1655 and a … Read more
The most asymmetric trade on the G10 board at this moment isn’t Cable, Euro, or Aussie – it’s USD/JPY positioned at the 159.00 handle, with the multi-decade 160 ceiling within a single percent move and the Ministry of Finance intervention zone looming closely. The pair is positioned at 158.90-159.00 across the major venues, maintaining a … Read more
USD/JPY is currently positioned at 157.036, experiencing a period of stagnation on Monday, influenced by two formidable forces that have not converged with such intensity in years. The pair has recently posted an average decline exceeding 2.11% over the last three trading sessions — a pace of downward movement that has not appeared on the … Read more
AUD/USD has declined to 0.7060, yet it is poised for a 2.6% increase over the week. On Friday, risk appetite has diminished as optimism surrounding a peace agreement in Iran diminishes. Later on Friday, US CPI data is anticipated to indicate elevated inflationary pressures in March. The Australian Dollar experiences a reduction in its gains … Read more
The U.S. Dollar Index declined to $99.49 on Wednesday, breaching a rising trendline that had underpinned the broader dollar recovery since late February and falling below the 50-period SMA in the process. The break in that trendline is significant — it reflects the structural impact of Trump’s comments on Iran, which have effectively dismantled the … Read more
