ForexNewsPlus Updates

EUR/USD Slips Near 1.1600 as Dollar Strengthens

The EUR/USD pair is currently positioned around 1.1600, pulling back from earlier session peaks as the dollar regained strength on Wednesday, following two consecutive positive economic reports — ADP private payrolls recorded 63,000 compared to a consensus of 48,000, and the ISM Services PMI jumped to 56.1, marking its highest level since July 2022. The … Read more

ForexNewsPlus Updates

USD/JPY Tests Key Support as Yield Gap Dominates

The USD/JPY pair is currently at 156.87, closely approaching the 100-hour moving average that has characterized its upward trajectory since February 11. This level has faced multiple tests and defenses with heightened urgency on Wednesday, as the overall strength of the dollar starts to wane slightly, while the yen attempts to regain its previous status … Read more

ForexNewsPlus Updates

AUD/USD Volatility Soars Amid Middle East Crisis Ramps Up

The AUD/USD pair has stayed within a limited range this week amid the ongoing conflict in the Middle East. On Tuesday, it was at 0.7077, experiencing a minor decline from the year-to-date peak of 0.7147. The emphasis will continue to be on the recent developments in the Middle East, the forthcoming US jobs data, and … Read more

ForexNewsPlus Updates

AUD/USD Volatile as Middle East Tensions Drive Market Uncertainty

The AUD/USD exchange rate exhibited significant volatility on Monday morning as market participants responded to the unfolding events in the Middle East, where tensions between Iran and the US intensified. The pair was observed at 0.7050, reflecting a minor decline from the year-to-date peak of 0.7140. The AUD/USD exchange rate experienced a pullback as market … 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

ForexNewsPlus Updates

EUR/USD Slides as War Shock and Oil Surge Power Dollar Rally

EUR/USD is experiencing a significant decline. The pair fell to an intraday low of 1.1698 during Monday’s European session — a level not observed in weeks — before recovering slightly to trade around 1.1734. The day reflects a decline of approximately 1%, a significant shift in the context of major foreign exchange movements. The Dollar … Read more

ForexNewsPlus News

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

ForexNewsPlus News

GBP/USD Pressured as Iran Risk and BoE Cut Bets Weigh on Sterling

GBP/USD concluded Friday at 1.3483, having dipped to daily lows around 1.3450 during the afternoon session — effectively reversing the entire mid-week rally that had momentarily reached 1.3575, driven by Nvidia’s earnings-driven equity surge. The pound currently finds itself influenced by three converging factors that exert similar pressure: a Monday gap driven by developments in … Read more

ForexNewsPlus News

EUR/USD at Risk as Oil Shock and Fed-ECB Divergence Favor Dollar

EUR/USD concluded Friday at 1.1817, reflecting a modest increase of 0.13% for the session, yet remaining largely unchanged for the week — confined within a narrow range of 1.1743 to 1.1820, which concealed the turbulent dynamics at play beneath the surface. Then Saturday arrived and the entire dynamic shifted. The United States and Israel initiated … Read more

ForexNewsPlus Updates

USD/JPY Nears 160 as Yield Gap and Fiscal Risks Weigh on Yen

USD/JPY concluded the week challenging the 158-yen barrier — a level that has thwarted every rally attempt for weeks and now serves as the last obstacle before the significantly impactful 160-yen threshold. The Japanese yen concluded the past five sessions as the weakest among major currencies, lagging behind even the Swiss franc, which emerged as … Read more