ForexNewsPlus Updates

EUR/USD Pauses at 1.179 as ECB Stays at 2.15%

The EUR/USD pair is currently positioned at approximately 1.179, having struggled to maintain the breakout beyond 1.2000 and retreating from the four-year peak of 1.2085. The price has recently reached a two-week low close to 1.1777, with intraday support forming around the range of 1.1775–1.1780, as buyers attempt to maintain that level for the second … Read more

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USD/JPY Surges Past 157 Amid Japan’s Snap Election

The USD/JPY pair has seen a significant reversal from a sharp decline exceeding 4% from the 159.13 level, descending to around 152.06, before rebounding approximately 3.5% off the support zone of 151.91–152.06, moving back above 157.00. The pair has experienced an upward movement in five of the last six sessions, with the price once more … Read more

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AUD/USD Jumps as RBA Defies Global Trend

The AUD/USD exchange rate experienced a notable increase following the Reserve Bank of Australia’s announcement regarding its interest rate decision on Tuesday. The asset surged to a peak of 0.700, reflecting a significant increase from this week’s low of 0.6900. The AUD/USD exchange rate has experienced a notable uptrend in recent weeks, driven by increasing … Read more

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GBP/USD Stays Above 1.37 Before BoE and Fed Moves

GBP/USD is maintaining the majority of its January recovery following a significant 4% increase from the monthly low. The price reached a multi-year high of 1.3869 on 27 January, marking the strongest level since September 2021, before experiencing a pause. Recent sessions indicate that GBP/USD commenced near 1.3665, reaching intraday peaks of approximately 1.3707, and … Read more

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EUR/USD Stays Above 1.18 as DXY Weakens

The EUR/USD pair is currently stabilizing following a significant surge that brought it to its peak level since June 2021, approaching 1.2000 last week. The recent pullback encountered support within the 1.1780–1.1775 range, attracting dip-buyers, and the spot is currently fluctuating between 1.1815 and 1.1830 during the early sessions of European and Asian trading. The … Read more

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USD/JPY Faces Pressure Amid BoJ Hike

The USD/JPY pair has returned to the 155–156 range following a significant round-trip influenced by central bank anticipations and political developments on both sides of the Pacific. In late January, the pair experienced a brief decline to approximately 152.1 following indications from the Bank of Japan regarding increased inflation and growth projections for 2026, along … Read more

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USD/CAD dips to around 1.3650 as trade policy worries loom

The USD/CAD pair has softened to approximately 1.3660 during the early Asian session on Tuesday. A significant jobs report could face postponement as a result of a partial US government shutdown. Concerns regarding US trade policy and the forthcoming CUSMA review may exert pressure on the Loonie. The USD/CAD pair is currently positioned in negative … Read more

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GBP/USD Range-Bound as Strong US Data Meets Hawkish BoE Support

GBP/USD is currently positioned within the 1.3650–1.3700 range following a significant rejection at 1.3847, with the latest value hovering around 1.3690–1.3695. The recent shift is not arbitrary; it signifies a direct confrontation between a revitalized US Dollar, bolstered by robust economic data, and a Pound that continues to be underpinned by a persistently hawkish stance … Read more

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EUR/USD Stays at 1.18 as DXY Dips to 97.4 – 1.20

The EUR/USD has reached a critical juncture, aligning precisely with expectations. Following a decline from the 1.2050 high, the pair encountered significant buying interest near the 1.1800 mark, which is now serving as a pivotal point rather than merely an intraday level. Monday’s movement downward examined the lower range and momentarily challenged the 1.1737–1.1700 area, … Read more

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USD/JPY Bounces Back to 156 and Eyes 160.00 Intervention

The USD/JPY pair is currently positioned between 155.8 and 156.0, having made a significant recovery from the 152.0 level reached during last week’s de-leveraging concerns. The pair has regained the 155.0 level, reached an intraday peak close to 155.98, and is currently approaching a significant resistance zone between approximately 155.5 and 156.5. The specified zone … Read more