Trending
- USD/JPY trades above 160 despite mounting intervention speculation
- Brent oil’s daily cloud support remains under threat following an unsuccessful recovery phase
- Gold may enter a consolidation phase above channel support ahead of another downside attempt
- The dollar index surged to its highest level in nine weeks as investors priced in increased odds of additional Federal Reserve rate hikes and reacted to mounting geopolitical risks
- U.S. hiring remains resilient as NFP logs second straight month of robust job growth
- EUR/USD seeks clear direction to break out of extended sideways consolidation
- USD/JPY pauses below 160 barrier amid intervention threats and BoJ rate Hike signals
- The OECD has warned that escalating conflict in the Middle East could push the global economy into recession and fuel higher inflation.
- BTC/USD Drops Deeper Below $70,000 as Bearish Momentum Accelerates
- War Continues to Weigh on Eurozone Manufacturing, While UK and US Sectors Hold Up Better – PMI
EURCHF – bears consolidate above fresh 11-year low, pivotal 0.90 support under pressure
EURCHF is consolidating just below the fresh multi-year low at 0.9094, the weakest level since January 2015, when the Swiss National Bank scrapped its 1.20 CHF per euro floor. The low was recorded on Tuesday and keeps the broader bearish…
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Yen strengthens further after the election, advancing beyond critical chart levels
USDJPY extended its sharp decline for a second consecutive session, retreating further from the February 9 lower high at 157.65, as the Japanese yen rallied following Prime Minister Takaichi’s election victory. The outcome…
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Dow Jones – investors consolidate after the index surpasses 50,000 for the first time
The Dow eased slightly from Monday’s new record high of 50,337 but remained firm, holding above the key 50,000 level breached last Friday after a 2.7% surge—the largest single-day gain since April 9, 2025.
The index outperformed its major…
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Eurozone investor morale improves markedly in February, surpassing projections
Eurozone investor morale strengthened markedly in February, reaching its highest level since July 2025, according to the Sentix survey released on Monday.
The index unexpectedly jumped to 4.2 points in February, rebounding from a 1.8 point…
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U.S. private payroll growth falls well short of expectations – ADP
The ADP private payrolls report released on Wednesday showed that U.S. private-sector job growth came in well below expectations in January, largely due to employment declines in professional and business services as well as manufacturing.…
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GOLD – rebound above $5,000 strengthens the short-term outlook and lifts market optimism
Gold climbed back above the $5,000 mark on Wednesday, as the recovery stretched into a second straight session after surging nearly 6% on Tuesday — the strongest single-day gain in years.
The brief easing in geopolitical tensions, which…
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Reserve Bank of Australia hikes interest rates by 0.25% amid ongoing inflationary pressures
The Reserve Bank of Australia raised interest rates by 25 basis points, lifting the rate from 3.60% to 3.85% in a unanimous decision that was widely expected.
This marks the RBA’s first rate hike in two years, coming just six months…
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WTI OIL – repeated bounce off key support suggests pullback from multi-month high may have ended
WTI crude extended its pullback from the recent multi-month high of $66.46 during early Tuesday trading, following a gap-lower opening at the start of the week and Monday’s sharp 4% decline, marking the largest single-day drop since…
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GOLD – despite today’s sharp rebound, the downside remains highly exposed
Gold extended its steep decline, falling to a one-month low after Monday’s session opened with a roughly $100 gap down, indicating that negative sentiment from Friday’s largest daily drop in over forty years remains entrenched.
Easing…
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Gold – sharp two-day retreat breaks $5,000 support, but broader bullish trend intact
Gold briefly slipped below the key $5,000 support on Friday, extending a dramatic two-day drop of over $600.
As noted in yesterday’s commentary, the risk of a pullback had risen after the yellow metal posted nine consecutive days of…
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