USD/CAD shows minor decreases, hovering around 1.3675 in the Asian session on Friday. The ambiguity related to US trade policy leads to a decrease in the value of the US Dollar. Later on Friday, attention will shift to the Canadian Q4 GDP and the US January PPI data. The currency pair is experiencing slight declines, … Read more
The GBP/USD pair is currently situated in the 1.3530–1.3565 range, with the spot price fluctuating approximately between 1.3531 and 1.3540 during European trading and reaching around 1.3565 in Asia. The price is positioned nearly precisely on the 20-day EMA at 1.3562, indicating a market that is currently in a state of equilibrium rather than exhibiting … Read more
The AUD/USD exchange rate has experienced a decline over the past two days, retreating from this year’s peak of 0.7145 to its current level of 0.7035. The pair is expected to experience volatility this week as the Federal Reserve and the Reserve Bank of Australia publish the minutes from their recent meetings. The AUD/USD pair … Read more
GBP/USD concluded the session near 1.3651 following a decline to approximately 1.3592 on Friday, a shift that momentarily breached 1.3600 before buyers re-entered the market, driving the pair upward into the close. The observed behavior validates 1.3600 as a true demand zone, rather than merely a psychological round figure. Currently, GBP/USD remains positioned beneath the … Read more
The USD/JPY has transitioned from a straightforward dollar carry trade to a scenario resembling a congested exit strategy. The pair has decreased from just below ¥157 at the beginning of February to approximately ¥152–153, reflecting a weekly decline of around 2.9%, marking the steepest drop since late 2024. The recent movement is not merely a … Read more
The EUR/USD pair has transitioned from a steady ascent towards the 1.1750–1.1800 range into a measured decline that is currently probing the 1.16 level. Following a decline to a five-week low around 1.1618, the pair experienced a recovery towards approximately 1.1698; however, any advance beyond the 1.1660–1.1700 range is facing selling pressure. The spot rate … Read more
The USD/JPY rate is currently positioned between 156.9 and 157.3, reflecting an increase of approximately 0.8 to 1.3% for the day, despite the Bank of Japan implementing its most significant tightening measure in thirty years. The yen experienced aggressive selling rather than strengthening, resulting in USD/JPY rising from the mid-154s earlier in the week to … Read more