Skip to content

Important Notice: IG Markets South Africa will no longer provide Trading Accounts. This change does not affect existing International/offshore accounts. New applications will be supported by IG International, part of IG Group, via https://www.ig.com/en. Important Notice: IG Markets South Africa will no longer provide Trading Accounts. This change does not affect existing International/offshore accounts. New applications will be supported by IG International, part of IG Group, via https://www.ig.com/en.

No results found

View more search results

1 2 3 4 5 6 7 8 9 10
Related search: Market Data
Market Data Type of market
See all Market data search results >

​EUR/USD, GBP/USD rise further as USD/JPY drops amid weaker US dollar​​

​​​​EUR/USD, GBP/USD rise further as USD/JPY drops amid weaker US dollar​​ despite US President Trump exempting key technology products from newly imposed “reciprocal” tariffs.​

Written by

Axel Rudolph

Axel Rudolph

Market Analyst

Published on:
Forex pairs Source: Adobe images

EUR/USD trades in 3-year highs 

EUR/USD continues to advance with the February 2022 peak at $1.1495 remaining in focus. 

​Potential slips may find support in the $1.1155-to-$1.1146 zone. Further down lies last Monday's $1.0882 low which may also act as support.

EUR/USD chart Source: TradingView

​GBP/USD advances further still 

​GBP/USD is on track for its fifth straight day of gains from last Monday's $1.2709 low with the early April peak at $1.3207 being eyed. 

​Potential slips may find support around the late October and early November highs at $1.3048-to-$1.3043 ahead of the $1.3015 mid-March high.

GBP/USD chart Source: TradingView

​USD/JPY slips further 

USD/JPY continues to drop towards the ¥140.00 region. 

​Minor resistance remains to be seen at last week's ¥144.56 low. 

​Only a currently unexpected rise above Wednesday's ¥148.28 high would lead to the late March low at ¥148.70 ahead of the 12 March high at ¥149.20 being targeted.​​ 

USD/JPY chart Source: TradingView

Markets

Share CFDs

Forex

Indices

Commodities

Other markets

Trading platforms

Web platform

Trading apps

TradingView

MetaTrader 4

MetaTrader 5

ProRealTime

Compare features

Demo

Learn to trade

News and trade ideas

Trading strategy

About

Charges and margins

Premium services

Refer a friend

Marketing partnerships

Corporate accounts

Contact us

Web chat: Click here

WhatsApp: Click here to chat to us on our official Whatsapp channel

 

IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG Group established in London in 1974, and is a constituent of the FTSE 250 index.

 

The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. 71% of retail client accounts lose money when trading CFDs, with this investment provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money.

CFD Accounts provided by IG International Limited. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.

IG provides an execution-only service. The information in this site does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result.

The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited.