February 5, 2026 12:29 pm
The EUR/CAD currency pair was constrained within tight daily range on Thursday ahead of the outcome of the European Central Bank’s policy meeting and Canadian jobs data. The European Central Bank is largely expected to keep its main refinancing operations rate intact at 2.15% at its February 5th policy meeting. And, the ECB deposit facility […]
Read moreFebruary 5, 2026 11:38 am
Key Moments USDJPY has been advancing toward the 159.00 level, where earlier verbal intervention and “rate check” headlines sparked a sharp prior selloff. Stronger U.S. data and firm PMIs have supported a rebound in the U.S. Dollar, with upcoming NFP and CPI releases seen as key confirmation points for the bullish trend. The Bank of […]
Read moreFebruary 5, 2026 11:15 am
The GBP/CAD currency pair extended losses on Thursday, pulling back from a 1-week high of 1.8744, ahead of the outcome of the Bank of England’s policy meeting and Canadian jobs data. 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 […]
Read moreFebruary 5, 2026 10:49 am
Key Moments USD/CHF has been trading roughly flat around 0.7780, with recovery attempts capped at 0.7818. Support near 0.7740 has contained recent downside moves, preserving a short-term bullish bias. Elliott Wave analysis points to an A-B-C correction targeting the 0.7870-0.7885 resistance zone. Price Action and Fundamental Background USD/CHF is trading little changed on Thursday, hovering […]
Read moreFebruary 5, 2026 10:06 am
Key Moments GBP/JPY trades above 214.00, approaching the 16-year peak near 215.00. Markets expect the Bank of England to keep rates at 3.75%, with the vote split likely driving GBP direction. The Japanese Yen remains under pressure ahead of snap elections, despite strong demand at a 30-year JGB auction. GBP/JPY Extends Rally Toward Multi-Year Highs […]
Read moreFebruary 5, 2026 9:42 am
The GBP/CHF currency pair extended losses on Thursday, pulling further away from a 1 1/2-week high of 1.0661, 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 […]
Read moreFebruary 5, 2026 9:10 am
Key Moments GBP/USD fell to 1.3627 on Thursday as traders positioned ahead of the Bank of England meeting. Markets expect around 35 basis points of BoE cuts by year-end. One 25 bp move is fully priced, while a second is partially anticipated. Technical signals show a controlled correction within a broader uptrend. Key support lies […]
Read moreFebruary 5, 2026 8:52 am
Key Moments Bitcoin traded 7.6% lower at $70,427.1, briefly touching an intraday low of $70,129.6. Roughly $770 million in crypto positions were liquidated over 24 hours amid thin liquidity and leveraged unwinds. Altcoins and meme tokens broadly declined, with XRP dropping 10% to $1.42 and Ethereum sliding 7.4% to $2,098.92. Bitcoin Extends Slide, Breaks Below […]
Read moreFebruary 5, 2026 8:33 am
Key Moments XRP fell 10.02% to $1.4404 on the Investing.com Index, marking its steepest daily loss since October 10, 2025. XRP’s market capitalization stood at $87.7660B, down from a prior peak of $210.6006B. Bitcoin and Ethereum also retreated, dropping 7.58% and 7.61% respectively on the day. XRP Suffers Steep Daily Decline XRP was quoted at […]
Read moreFebruary 5, 2026 8:15 am
The EUR/CHF currency pair was confined in tight daily range on Thursday, trading above recent low of 0.9134, ahead of the outcome of the European Central Bank’s policy meeting. The European Central Bank is largely expected to keep its main refinancing operations rate intact at 2.15% at its February 5th policy meeting. And, the ECB […]
Read more