Forex Analysis


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GBP/USD spikes to 1.31 on report claiming UK is ready to drop key Brexit demand on Irish border

The pair spiked up to a fresh daily high at 1.3103 before retreating slightly, as UK PM Theresa May is said to drop a key demand with an aim to resolve the Irish border issue that has been one of the main roadblocks in Brexit negotiations.

GBP/USD News

USD/JPY clings to strong recovery gains, around mid-112.00s

The USD/JPY pair built on the overnight rebound from sub-112.00 level and traded with a positive bias for the third session in the previous four.

USD/JPY News

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