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Forex Today: BoE and ECB policy decisions to lift market volatility
Here is what you need to know on Thursday, February 5:
Fxstreet
Thu, Feb 5
Silver Price Analysis: Gradual recovery underway as momentum turns constructive
Silver price extended its recovery for the second straight day, up by 3.75% shrugging off broad US Dollar strength, following the release of solid US economic data. At the time of writing, XAG/USD trades at $88.20, after bouncing off daily lows of $83.28.
Silver
Fxstreet
Thu, Feb 5
EUR/USD slips as firm US services data, soft Eurozone inflation weigh
The Euro falls during the North American session, down more than 0.10% as the Dollar recovers from Tuesday’s losses. Solid US business activity data is a headwind for the EUR/USD pair.
EUR/USD
Fxstreet
Wed, Feb 4
Forex Today: USD surges amid shutdown resolution, mixed US data
United States (US) ADP Employment Change report revealed that the private sector added 22K jobs in January, falling short of expectations of 48K.
Fxstreet
Wed, Feb 4
Shiba Inu Price Analysis: Bearish trend persists as sentiment remains mixed
Shiba Inu (SHIB) price stabilizes at $0.0000067 at the time of writing on Wednesday, facing rejection around a key resistance zone. On-chain and derivatives data indicate mixed sentiment among traders, further limiting the chances of a price recovery.
Fxstreet
Wed, Feb 4
Forex Today: RBA strikes hawkish tone while US shutdown delays jobs data
The Reserve Bank of Australia (RBA) raised its interest rate by 25 basis points to 3.85%, aligning with market expectations. The RBA's hawkish tone indicates that inflation pressures are likely to persist, suggesting further policy tightening may be on the horizon.
AUD/USD
Fxstreet
Tue, Feb 3
Dogecoin Price Forecast: DOGE steadies at $0.10 recovery hopes amid bearish trend
Dogecoin (DOGE) price stabilizes at $0.106 at the time of writing on Tuesday, following a slight rebound the previous day after a massive correction last week. On-chain data suggests the dog-themed meme coin may be undervalued and poised for a near-term bounce.
Dogecoin
Fxstreet
Tue, Feb 3
Silver slumps over 5% as US data fuels risk-on mood, extends metals rout
Silver price registers losses of over 5% on Monday as the precious metals liquidation continued for the second straight day. Upbeat economic data in the US improved risk appetite to the detriment of the grey metal. At the time of writing, XAG/USD trades at $80.40 below its opening price.
Silver
Fxstreet
Mon, Feb 2
Gold slides as Warsh Fed pick, hot ISM data extends bullion unwind
Gold (XAU/USD) retreats more than 4% on Monday after the US President Donald Trump announced his pick to lead the Federal Reserve (Fed) in succession to the Fed Chair Jerome Powell. Economic data in the US paint an optimistic outlook as manufacturing activity improves.
Gold
Fxstreet
Mon, Feb 2
GBP/USD dips as Dollar stays bid on Warsh Fed pick, strong ISM data
The Pound Sterling dives some 0.17% on Monday as the Greenback extends its gains to two straight days, following the precious metals rout that pushed Gold prices down by over $1,000 after reaching a record high near $5,600. The GBP/USD trades at 1.3662 after reaching a daily high of 1.3715.
GBP/USD
Fxstreet
Mon, Feb 2
Silver collapses over 30% as metals rout triggers historic washout
Silver (XAG/USD) sinks sharply more than 30% on Friday as the precious metals segment is being punished by the financial markets, with the grey metal falling more than $38 US Dollars at the time of writing. XAG/USD trades at $76.91, after reaching a daily high of $118.46.
Silver
Fxstreet
Fri, Jan 30
India FX Reserves, USD climbed from previous $701.36B to $709.41B in January 19
India FX Reserves, USD climbed from previous $701.36B to $709.41B in January 19
Fxstreet
Fri, Jan 30
India Federal Fiscal Deficit, INR down to 8558.42B in December from previous 9766.71B
India Federal Fiscal Deficit, INR down to 8558.42B in December from previous 9766.71B
Fxstreet
Fri, Jan 30
South Africa Private Sector Credit climbed from previous 7.79% to 8.74% in December
South Africa Private Sector Credit climbed from previous 7.79% to 8.74% in December
Fxstreet
Fri, Jan 30
Shiba Inu Price Forecast: SHIB extends losses as whale selling intensifies bearish momentum
Shiba Inu (SHIB) price slips below $0.0000077 on Thursday after correcting the previous day. Bearish sentiment is further strengthened as holders offload SHIB, increasing selling pressure and reducing Open Interest (OI) in the derivatives market.
Fxstreet
Thu, Jan 29
Forex Today: Fed delivers hawkish hold, US Dollar remains under pressure
The US Dollar Index (DXY) rebounded above 96.60 on Wednesday after White House Treasury Secretary Scott Bessent said the US has a strong-dollar policy, implying the right fundamentals are in place. Bessent also denied that the US was intervening in currency markets to support the Japanese Yen.
Fxstreet
Wed, Jan 28
GBP/USD retreats to 1.3780 area with markets bracing for the Fed
The Pound is trimming gains against the US Dollar on Wednesday, trading a few pips above 1.3780 at the time of writing, down from its highest levels in more than 4 years, at 1.3868.
GBP/USD
Fxstreet
Wed, Jan 28
Forex Today: All eyes on Fed, BoC rate decisions, Gold rises beyond $5,200
Here is what you need to know on Wednesday, January 28:
Fxstreet
Wed, Jan 28
Silver Price Forecast: XAG/USD jumps above $108 as trader war fuels “sell America” trade
Silver price trades choppy on Tuesday, after extending its gains on Monday sponsored by heightened geopolitical tensions, the US trade-war with its allies, re-ignited the “sell America” trade during the day. The XAG/USD trades at $108.00 after bouncing off daily lows of $103.00, modestly up 0.05%
Silver
Fxstreet
Tue, Jan 27
Forex Today: Yen softens on fiscal worries, Gold climbs to near $5,100
Here is what you need to know on Tuesday, January 27:
Fxstreet
Tue, Jan 27
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