February 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 […]
Read moreFebruary 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 3:24 pm
Key Moments EUR/GBP trades near 0.8660, with minimal movement as markets await Thursday’s Bank of England and European Central Bank decisions. The BoE recently cut the Bank Rate by 25 bps to 3.75%, while UK CPI remains above target with headline inflation at 3.4% and core at 3.2%. The ECB has kept key rates unchanged […]
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 11:34 am
The USD/CAD currency pair extended gains on Monday, pulling further away from a 16-month low of 1.3481, as investors continued to weigh what a Federal Reserve under the leadership of Kevin Warsh might be. Market players assumed Warsh was less likely to press for all-out swift interest rate cuts than other candidates who had been […]
Read moreFebruary 2, 2026 11:15 am
Key Moments GBP/USD trades near 1.3670 in early European dealings, slipping below the 1.3700 area amid renewed US Dollar strength. US Producer Price Index rose 3.0% YoY and 0.5% MoM in December, exceeding forecasts and supporting expectations for steady Fed policy. The Bank of England is expected to hold its policy rate at 3.75%, after […]
Read moreFebruary 2, 2026 11:02 am
Key Moments Cardano (ADA) traded below $0.28 on Monday after falling more than 15% over the previous week. Large ADA holders have sold 160 million tokens since Thursday, adding to sustained selling pressure. Technical indicators, including an RSI near 27 and a bearish MACD crossover from January 18, continue to signal downside risk. Market Context […]
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