February 3, 2026 11:13 am
Key Moments USD/CNY has slipped back below 6.95 as the yuan extends its recent appreciation. Goldman Sachs has adopted a more constructive stance on the yuan, citing stronger policy backing and record FX inflows. The bank has cut its USD/CNY forecasts to 6.90 in three months, 6.80 in six months and 6.70 over 12 months. […]
Read moreFebruary 3, 2026 10:30 am
Key Moments The Reserve Bank of Australia (RBA) raised the cash rate by 25bp to 3.85%, its first increase since November 2023. Updated RBA projections show trimmed mean inflation staying above the 2.5% target midpoint through mid-2028, even with a cash rate peak of 4.3% in late 2027. AUD/USD climbed back above 0.7000 following the […]
Read moreFebruary 3, 2026 9:46 am
Key Moments USD/JPY has pulled back sharply from recent highs but continues to maintain its broader medium-term uptrend structure. Price is fluctuating around the 15-day and 20-day moving averages, with the 155.00-155.50 band emerging as a key technical pivot. RSI has bounced from near-oversold territory into the mid-to-high 40s, indicating cooling momentum rather than a […]
Read moreFebruary 3, 2026 9:29 am
The GBP/SEK currency pair pulled back from a 2-week high of 12.2624 on Tuesday ahead of the outcome of the Bank of England’s policy meeting. The Bank of England is expected to leave its benchmark interest rate intact at 3.75% at its February 5th meeting. In December, the BoE reduced its policy rate by 25 […]
Read moreFebruary 3, 2026 8:45 am
Key Moments UOB strategists expect GBP/USD to fluctuate between 1.3640 and 1.3710 after its recent slide. Analysts highlight that selling pressure has eased and note that GBP conditions remain oversold. The view that a pullback could extend toward 1.3570 stands, provided the 1.3755 strong resistance level is not surpassed. UOB Strategists See Limited Downside for […]
Read moreFebruary 3, 2026 8:40 am
Key Moments Bitcoin traded 2.8% higher at $78,558.4, recovering from a drop to $74,635.5, its lowest level since early April. Heavy liquidations of leveraged positions over the weekend, amid thin liquidity, triggered a cascade of forced selling across crypto markets. Regulatory uncertainty persists as White House talks on stablecoin yield rules ended without agreement between […]
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