ForexNewsPlus Updates

GBP/USD Stalls Near Lows as Geopolitics and Strong USD Weigh

On Tuesday, GBP/USD is consolidating at 1.3232. The pound is hovering close to its lowest global levels since late November, influenced by increasing pressure from the uncertainty surrounding the Iran conflict and escalating oil prices. The US dollar remains bolstered by robust US labor market data, leading to diminished expectations regarding Federal Reserve easing. US … Read more

ForexNewsPlus Updates

EUR/USD Struggles Under 1.1500 Amid Geopolitical Tensions

In the wake of yesterday’s holiday, liquidity has normalized across financial markets. However, risk sentiment remains fragile due to escalating tensions in the Middle East. Traders are closely monitoring developments after Donald Trump warned of potential strikes on Iranian infrastructure if the Strait of Hormuz were to remain closed. This uncertainty continues to favor safe-haven … Read more