ForexNewsPlus Updates

USD/JPY Hits 153.6 Before Fed and BoJ

The USD/JPY pair is currently positioned around 153.60–153.80, reflecting an increase of approximately 0.8% for the day following a significant decline earlier this week that brought the pair to a four-year low. The recent bounce indicates a partial recovery of the US Dollar in anticipation of the Fed’s decision, rather than a definitive trend reversal. … Read more

ForexNewsPlus Updates

USD/CAD Edges Up Above 1.3700

The USD/CAD pair is experiencing slight upward movement, hovering around 1.3720 in the Asian trading session on Tuesday. However, the potential for appreciation in the pair may be constrained, as uncertainties surrounding the Federal Reserve and concerns regarding a possible US government shutdown could apply downward pressure on the US Dollar against the Canadian Dollar. … Read more

ForexNewsPlus Updates

GBP/USD Nears Four-Month High on BoE–Fed Divergence

The GBP/USD pair has surged from the October–November low range of approximately 1.3000–1.3016 to the 1.3680–1.3730 zone, surpassing all significant resistance levels observed since mid-2025. The pair reached a new four-month high slightly above 1.3680 and is currently testing the 1.3700–1.3730 range, which coincides with the September 2025 high at 1.3730 and is positioned just … Read more

ForexNewsPlus News

EUR/USD Approaches 1.19 as Dollar Weakens

Spot EUR/USD is currently trading in the range of 1.1870–1.1900, approaching the 1.19 level that previously constrained the pair in 2021, and achieving the highest daily closes observed since late 2025. The action is not driven by ambiguous “risk-on” sentiment. The situation is characterized by a direct conflict between robust US macroeconomic indicators and a … Read more

ForexNewsPlus News

USD/JPY Dips to 153 Amid Intervention Worries

The USD/JPY has transitioned from a consistent upward movement into a distinct downward phase. The pair, after consistently testing the 157–159 range, experienced a significant decline due to intervention speculation and suspected coordinated efforts, falling approximately 2.5% in a single move to around ¥153.31, and subsequently stabilizing in the ¥153.00–¥154.50 range. The current price is … Read more

ForexNewsPlus Updates

USD/CAD Drops Under 1.3700 as CRS Surpass Expectations

The USD/CAD pair experiences a decline, trading near 1.3685 in the early Asian session on Monday. The pair reaches its lowest point since December 30, 2025, as the US Dollar experiences widespread declines, while data indicates an increase in Canadian Retail Sales for November. Market participants will monitor the upcoming release of the US November … Read more

ForexNewsPlus News

GBP/USD Approaches 1.37 Dollar Dips as UK Data Shines

GBP/USD is currently positioned within the 1.3660–1.3690 range, marking its highest point since mid-September 2025, following a significant upward movement from the 1.3400 level. During the intraday session, the pair rebounded from 1.3642 and reached highs just below 1.3700, maintaining a distinctly bullish short-term structure. The recent rally has contributed approximately 2% over several sessions, … Read more

EUR USD Up

EUR/USD Approaches 1.19 as Dollar Dips to 97.00

The EUR/USD pair is currently positioned between 1.1860 and 1.1900, following a surge to a four-month peak close to 1.1875 and a spike towards the 1.1919–1.1920 range, marking its highest level in nearly four years. The shift is driven by compelled Dollar liquidation, rather than an unexpected surge in the Euro. The Dollar Index currently … Read more

ForexNewsPlus Updates

USD/JPY Plummets to 154 Amid Intervention Worries

The USD/JPY has transitioned from a clear uptrend to a significant reversal. The pair has experienced a decline of approximately 600 pips in a direct trajectory from the recent peaks, commencing the week with a bearish gap and currently trading around 154.00 after reaching an intraday low close to 153.31. This positions spot at levels … Read more

ForexNewsPlus Updates

GBP/USD Hits 1.35 as BoE Cut Bets Fade

GBP/USD is positioned within the upper band of its recent range, currently around 1.3500–1.3530 after reaching a two-week high close to 1.3530. The market is evidently adhering to the 1.3530–1.3570 range as a significant resistance level – this area previously turned away price in early January and now serves as a crucial decision-making point. A … Read more