ForexNewsPlus Updates

EUR/USD Near 1.16 as Energy Shock Pressures Euro

The euro is experiencing a subtle decline. EUR/USD is hovering around 1.1619 — technically alive, but just barely — as a mix of geopolitical shocks, energy repricing, and changing Fed expectations is impacting it from all sides at once. The pair concluded the week at around 1.16185, positioned precariously near a support zone that has … Read more

ForexNewsPlus Updates

AUD/USD Faces Volatility Amid Risk Sentiment Shifts

The AUD/USD pair attempted to gain ground at the outset of Thursday’s trading session, but subsequently declined significantly. AUD/USD currently presents notable trading challenges, primarily because the Reserve Bank of Australia is expected to continue with rate hikes in the future. At the same time, AUD/USD remains highly sensitive to shifts in global risk appetite. … Read more

ForexNewsPlus Updates

GBP/USD Slides as Dollar Safe-Haven Demand Rises

GBP/USD is currently at 1.3362 as of March 6, 2026, showing signs of consolidation after a brief dip to three-month lows around 1.3250 earlier this week. This marks a potential third consecutive weekly decline, significantly lower than the late-January peak of 1.3870. The 620-pip decline over a span of five weeks cannot be classified as … Read more

ForexNewsPlus News

EUR/USD Bears Stay in Control

As of March 6, 2026, EUR/USD is positioned at 1.1579, having faced resistance at 1.1644 and is now approaching the January low of 1.1578. The pair is trading beneath both the 50-day and 200-day EMAs and has breached the rising channel that has guided price movements since mid-2025. The daily close breaking that channel is … Read more

ForexNewsPlus Updates

USD/JPY Climbs Despite Weak NFP

USD/JPY is currently at 157.73 as of March 6, 2026 — reflecting an increase of 0.20% during the session, even in light of a February NFP report that significantly surpassed expectations by the largest margin seen in years. The U.S. economy experienced a loss of 92,000 jobs, contrasting with an estimated creation of 59,000, resulting … Read more

ForexNewsPlus Updates

USD/JPY Nears Critical 160 Resistance

USD/JPY is currently at 157.68 on Thursday, approaching the significant 158-160 resistance zone, which is the most critical technical barrier the pair has encountered in decades — a resistance cluster with price memory dating back to 1990. The pair experienced a decline during Thursday’s session before making a recovery, illustrating the ongoing tension between two … Read more

ForexNewsPlus Updates

AUD/USD Volatility Soars Amid Middle East Crisis Ramps Up

The AUD/USD pair has stayed within a limited range this week amid the ongoing conflict in the Middle East. On Tuesday, it was at 0.7077, experiencing a minor decline from the year-to-date peak of 0.7147. The emphasis will continue to be on the recent developments in the Middle East, the forthcoming US jobs data, and … Read more

ForexNewsPlus Updates

AUD/USD Soars on CPI Surge

The AUD/USD exchange rate exhibited stability within a narrow range following the release of significant macroeconomic data from both the United States and Australia. On Wednesday, it was positioned at 0.7060, slightly beneath this month’s peak of 0.7155. The AUD/USD pair exhibited fluctuations following the release of the most recent consumer confidence report from the … Read more

ForexNewsPlus Updates

USD/JPY Dips as It Aims for 156.7–158.0 Defiance

The USD/JPY pair is currently positioned between 156.2 and 156.4, having successfully maintained the 155.0 to 155.3 range multiple times throughout the week. The price movement continues to follow the established bullish pattern that initiated from the low in April 2025, situated around 149–150, and has been constrained by the peak of 2025, approximately 158.8. … Read more

ForexNewsPlus Updates

GBP/USD Stays Around 1.36 as Weak US CPI Fuels June Fed Cut Speculation

GBP/USD is currently positioned near 1.3620, reflecting minimal movement for the day and a slight increase of approximately 0.12% over the week, following a retreat from levels exceeding 1.3700. The price is positioned precisely at the lower boundary of an ascending channel established from the advance observed between November and January, accompanied by a narrow … Read more