The Australian dollar experienced a downward gap at the beginning of the trading session on Monday, yet subsequently demonstrated indications of resilience. That being said, later in the day, we have observed a slight increase in interest rates in the United States, which has exerted additional pressure on the Australian dollar. Currently, it appears probable … Read more
EUR/USD began the new week at 1.1520. The US dollar ended last week with gains of more than 1% following a strong US labour market report. In May 2026, the US economy added 172,000 jobs, significantly above the market forecast of 85,000. The data exceeded expectations, reinforcing confidence in the resilience of the US economy. … Read more
EUR/USD is a tightly wound spring positioned between two aggressive monetary policy stances. On one side, the Federal Reserve has received a robust jobs report that exceeded expectations, invigorating the dollar and pushing Treasury yields to 4.54%. Conversely, the European Central Bank is poised to increase interest rates on June 11, as eurozone inflation reaches … 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
Cable is stagnant, and the central bank finds itself in a similar predicament. GBP/USD trades near 1.3454 on June 2, essentially flat on the session but positioned at its weakest level since May 19 after the pound declined toward $1.34 amid Middle East tensions and increasing concerns regarding the UK’s economic outlook. The pair has … Read more
The EUR/USD pair represents the most straightforward conundrum currently available, and its resolution encapsulates the entirety of the trading landscape. The euro trades near 1.1637 on June 2, reflecting a marginal increase of 0.05% during the session, yet it remains at its lowest point since April 7. Here’s the part that confounds many: the European … Read more
USD/JPY is positioned in a highly charged standoff within the foreign exchange market, poised right at the point of potential movement. The pair trades near 159.45 on June 2, showing a slight increase during the session but remaining just below the 160.00 level that Japanese authorities have consistently defended — a 21-month high of 160.73 … Read more
AUD/USD is currently testing the immediate resistance level at the nine-day EMA, positioned at 0.7161. The 14-day Relative Strength Index near 51 suggests a neutral-to-slightly positive momentum. The initial support is identified at the 50-day EMA of 0.7116. AUD/USD shows a recovery after two consecutive days of declines, currently trading near 0.7160 during the Asian … Read more
USD/JPY experiences a decline, approaching 158.85 during the Asian session on Monday. US moves closer to an agreement with Iran. Markets anticipate a June BoJ rate increase, even in light of Japan’s CPI inflation data coming in softer than expected. The USD/JPY pair declines to approximately 158.85, breaking the two-day winning streak during the Asian … Read more
The US dollar experienced a modest rally in the initial phase of Monday’s trading session; however, it appears to be encountering some difficulty maintaining its position above the 1.3750 threshold. This marks the conclusion of a significant resistance range that warrants careful observation. Should the USD/CAD pair maintain its upward trajectory, a test of the … Read more