February 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 […]
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 […]
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