February 3, 2026 3:12 pm
Key Moments USD/CHF is trading near 0.7771 within a channel and identified as being in a 4th wave. Strategy anticipates a bounce toward an ATR-based target at 0.7855a, with an extended objective near the R4 level at 0.7870. The pair’s current average daily true range is 88 pips, compared with a 90-day average of 51 […]
Read moreFebruary 3, 2026 2:21 pm
Key Moments EUR/GBP is trading around 0.8630, hovering near a five-month low as of Tuesday. Both the ECB and BoE are widely expected to leave interest rates unchanged at their Thursday meetings. Upcoming preliminary inflation releases for the Eurozone and the UK are shaping expectations for future policy moves. EUR/GBP Steadies Ahead of Central Bank […]
Read moreFebruary 3, 2026 1:54 pm
The GBP/SGD currency pair remained stuck in a narrow daily range 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 basis […]
Read moreFebruary 3, 2026 1:26 pm
Key Moments John Blank of Zacks Investment Research projects bitcoin could fall to $40,000, implying a 49% drop from recent levels. Blank notes that prior bitcoin “winters” have usually lasted 12 to 18 months. This suggests the current downturn may continue for several more months. Meanwhile, concerns about potential selling by large corporate holders and […]
Read moreFebruary 3, 2026 12:02 pm
The GBP/MXN currency pair pulled back from a 3-week high of 23.9994 on Tuesday ahead of the outcome of the Bank of England’s and the Mexican central bank’s policy meetings. 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 […]
Read moreFebruary 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 […]
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