February 3, 2026 8:03 am
Key Moments The euro is attempting to stabilize after a strong rally and a brief pullback. Meanwhile, investors are watching inflation data on Wednesday and the ECB decision on Thursday. Scotiabank analysts see support near 1.18 for EURUSD, with little resistance before 1.20. Stabilization Efforts in EURUSD The euro is trying to hold steady against […]
Read moreFebruary 3, 2026 7:04 am
Key Moments Stacks (STX), MemeCore (M), and Kaia (KAIA) outperformed over the last 24 hours, rebounding after a bearish week as bulls returned to the market. STX and M are showing signs of easing selling pressure on MACD and RSI, but both remain capped by nearby moving-average and Fibonacci resistance levels. Kaia is holding above […]
Read moreFebruary 2, 2026 2:52 pm
Key Moments GBP/NZD trades near 2.2757 after rebounding from a multi-month low at 2.2628, although the move still looks corrective. The pair remains below its 200-day EMA near 2.2856, while the RSI has recovered slightly after touching oversold levels. Support at 2.2695 is holding for now, but a break lower could open the door to […]
Read moreFebruary 2, 2026 2:00 pm
Key Moments Deutsche Bank Research Analyst Michael Hsueh maintains a $6,000 per ounce target for Gold despite recent price corrections. The bank views the recent adjustment in precious metal prices as excessive relative to underlying catalysts and not reflective of weaker investor intentions. Stronger investment flows from China, including a rise in SGE premiums, are […]
Read moreFebruary 2, 2026 9:49 am
Key Moments EUR/USD trades near 1.1850, stabilizing after Friday’s 1% drop. Kevin Warsh’s Fed nomination supports the US Dollar amid risk-off sentiment. German Retail Sales beat forecasts, but focus is on upcoming Eurozone and US PMIs, the ECB meeting, and US NFP data. EUR/USD Under Pressure as Dollar Gains Support The Euro hovers around 1.1850, […]
Read moreFebruary 2, 2026 7:59 am
Key Moments Gold prices fell 9% last Friday, marking one of the largest single-session moves in recent years. Commerzbank analysts attribute the drop to forced liquidations and unwinding of momentum-driven positions. Despite the sharp setback, gold remains up 13.3% year-to-date, according to Commerzbank’s Charlie Lay and Moses Lim. Gold’s Price Shock Amid Elevated Volatility Gold […]
Read moreFebruary 2, 2026 7:12 am
Key Moments Comments from Japan prime minister Takaichi highlighting benefits of a weak yen for exporters have stirred policy and market concerns. USD/JPY trades up 0.1% around 154.90 after earlier hitting 155.51, rebounding from lows near 152.00 last week. The pair is trading above its 100-day moving average at 153.86, while the 200-hour moving average […]
Read moreJanuary 30, 2026 2:43 pm
Key Moments President Donald Trump nominated former Fed Governor Kevin Warsh to replace Jerome Powell as Federal Reserve Chair, pressuring U.S. stock index futures. Gold and silver futures pulled back sharply after setting fresh record highs the prior session, with gold sliding 5.5% and silver tumbling about 14%. Economic data showed December PPI and core […]
Read moreJanuary 30, 2026 1:12 pm
Key Moments Exxon Mobil reported adjusted fourth-quarter earnings of $1.71 per share, topping the $1.68 per share consensus estimate from LSEG data. Full-year 2025 adjusted profit fell 10% as Brent prices declined 19%, but cost reductions and low-cost production helped narrow the impact. The company returned $37.2 billion to shareholders last year through $17.2 billion […]
Read moreJanuary 30, 2026 11:06 am
Key Moments The Canadian dollar is moderately outperforming the U.S. dollar, supported by strong risk sentiment and higher commodity prices. The Bank of Canada held its benchmark rate at 2.25%, signaling that policymakers consider the current stance appropriate for growth. Scotiabank strategists note that the CAD’s fair value has reached its strongest level since last […]
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