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
The EUR/USD pair is currently at 1.1560, reflecting a 0.2% decline from Thursday’s weekly peak of 1.1616. Each pip of this pullback illustrates the ongoing battle between opposing forces in this currency pair at present. The pair experienced a significant rebound from the 1.1413 low earlier this week — a move that appeared definitive at … Read more
The USD/JPY pair is currently positioned between ¥158.33 and ¥159.31 on Friday, reflecting an increase of 0.4% to 0.66% for the day. This follows a notable decline of 1.3% on Thursday, which saw the pair dip to ¥157.51 before strong buying interest emerged. The recovery has been systematic — price rebounded effectively from the 20-day … Read more