January 28, 2026 1:21 pm
Key Moments EUR/USD pushed above 1.20 as sustained U.S. dollar weakness lifted the pair. Donald Trump’s comments showing little concern about the weaker dollar reinforced bearish USD sentiment. ECB officials warned that further euro strength could pose risks if it pressures inflation. Dollar Under Pressure Ahead of FOMC The U.S. dollar extended its decline as […]
Read moreJanuary 28, 2026 11:52 am
The USD/ZAR currency pair hovered above a 43-month low of 15.7767 on Wednesday, as the Rand continued to draw support from rising Gold prices ahead of the outcome of the Federal Reserve’s and the South African Reserve Bank’s policy meetings. Gold breached the $5,200 threshold for the first time on Wednesday amid safe-haven rush. South […]
Read moreJanuary 28, 2026 10:01 am
The USD/CHF currency pair has recouped part of the steep losses that brought it to a 14 1/2-year low of 0.7601 earlier on Wednesday. US President Donald Trump’s erratic approach to trade, international relations as well as fiscal and monetary policy since the beginning of his second term last year has prompted some investors to […]
Read moreJanuary 28, 2026 8:31 am
Key Moments UOB Group analysts flag 0.7050 as the next major resistance level for AUD/USD. The pair shows strong upward momentum but trades in deeply overbought territory. Support lies at 0.6965, followed by a lower level at 0.6940. UOB Group Outlook on AUD/USD UOB Group analysts Quek Ser Leang and Lee Sue Ann expect the […]
Read moreJanuary 28, 2026 8:16 am
Key Moments GBP/JPY trades below 211.00, near a five-week low after two days of sideways movement. Japan’s fiscal concerns, political uncertainty, and risk-on sentiment pressure the JPY, though a hawkish BoJ stance limits losses. Expectations of BoE rate cuts in 2026, along with a stronger US Dollar, weigh on the Pound and cap gains in […]
Read moreJanuary 28, 2026 8:16 am
The CAD/CHF currency pair rebounded from a fresh low of 0.5598, its weakest level on record, on Wednesday ahead of the outcome of the Bank of Canada’s policy meeting later today. The Bank of Canada is expected to keep its benchmark interest rate intact at 2.25%. The minutes from the BoC’s December meeting showed that […]
Read moreJanuary 28, 2026 7:58 am
Key Moments Bitcoin traded up 1.1% at $89,235.8 by 02:07 ET (07:07 GMT), holding within a tight $88,000-$89,000 range. A weaker dollar near four-year lows and record gold prices above $5,200 an ounce supported demand for alternative assets. Market participants remained cautious ahead of the U.S. Federal Reserve decision, widely expected to keep interest rates […]
Read moreJanuary 28, 2026 7:04 am
Key Moments Traders are shifting toward the Swiss franc as safe-haven demand for the US dollar and Japanese yen weakens. For nearly two years, EUR/CHF appeared to respect a Swiss National Bank pain threshold near 0.9200, but recent moves are now testing that level. A stronger franc could raise deflation risks in Switzerland while, at […]
Read moreJanuary 27, 2026 3:30 pm
Key Moments USD/JPY slid about 130 pips in early European trade, dropping from around 154.50 to just below 153.20 without any new headline catalyst. Officials in Japan and the US have fueled speculation about potential FX action, but there has been no official confirmation of actual intervention. Technical levels between 153.00 and 157.50 are now […]
Read moreJanuary 27, 2026 2:37 pm
Key Moments UBS recommends a long EURCHF position from around 0.92 with a target of 0.945 and a stop-loss at 0.91. Improving European macro data and Germany’s fiscal stimulus are cited as key supports for the euro. UBS expects reduced safe-haven demand for the Swiss franc as global growth becomes more procyclical. UBS Calls for […]
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