ForexNewsPlus Updates

GBP/USD Under Pressure as Dollar Strengthens

GBP/USD is currently at $1.3187 on Monday, reflecting a decline of 0.55% for the session. The price is positioned below the SMA-20 at $1.3327, the SMA-50 at $1.3436, and the SMA-200 at $1.3401 — indicating that all significant moving averages are situated above the current price and trending downward. The three-layer moving average compression should … Read more

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EUR/USD Slides as Dollar Strength Builds

EUR/USD is currently at $1.1463 on Monday, dipping below the significant 1.1500 threshold and reaching new multi-day lows, indicating a situation that suggests more than merely an unfavorable trading day. The pair encountered resistance A between 1.1648 and 1.1626 last week, was unable to maintain a position above this level, and has been retracing since … Read more

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USD/CAD Falls Near 1.3710 Amid Middle East Tensions

The USD/CAD pair experiences a decline, approaching 1.3710 during the early hours of the Asian session on Monday. Increased geopolitical tensions in the Middle East may enhance the appeal of the US Dollar, recognized as a safe-haven currency. In February, the Canadian economy experienced an unanticipated decline, shedding 84,000 jobs. The USD/CAD pair is currently … Read more

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GBP/USD Stuck Near 1.34 as Dollar Holds Firm

GBP/USD commenced trading on Monday at its lowest point since December, registering 1.3248 as oil surged towards $120, with demand for the safe-haven dollar eclipsing all risk-sensitive currencies within the G10 spectrum. By Tuesday, the pair had rebounded to 1.3485, marking a 10-day peak, as crude prices plummeted following Trump’s ceasefire signals, while equity markets … Read more

ForexNewsPlus Updates

GBP/USD Slides as War Risk Lifts Dollar Demand

GBP/USD is currently positioned near 1.34 following a significant intraday decline that momentarily pulled the pair down to the 1.3315–1.3330 range. The recent shift is not arbitrary; it signifies a clear adjustment in the assessment of war risk, as synchronized US–Israel operations targeting Iran, drone assaults throughout the region, and overt threats concerning the Strait … Read more

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USD/JPY Surges as Oil Shock and War Boost Dollar Dominance

On Monday, March 2, 2026, USD/JPY surged past 157.50, achieving an increase of over 0.5% during the session and approaching the monthly high of 157.30 established in late February — a threshold that was surpassed intraday as the pair advanced toward 158.00. The U.S. Dollar Index experienced a notable increase of 0.6–0.89%, reaching levels between … Read more