US labour growth unexpectedly accelerated in January – NFP
The US January labor report, released on Wednesday, showed unexpected acceleration in job growth and lower unemployment, that provides temporary relief to the Fed.
Better than expected January numbers signal that the central bank may…
Read More...
Read More...
EURCHF – bears take a breather above new 11-year low, key 0.90 support in focus
EURCHF is consolidating under new multi-year low at 0.9094 (the lowest since Jan 2015 when the SNB abandoned its minimum exchange rate policy of 1.20 CHF per Euro) that was hit on Tuesday.
Swiss franc remains well supported on ongoing…
Read More...
Read More...
Yen extends strong post- election advance through key technical levels
USDJPY extends steep fall (from 157.65 lower top of Feb 9) into second straight day, as Japanese currency rallied after PM Takaichi’s election victory boosts prospects for stronger economic growth as well as brightens outlook for more…
Read More...
Read More...
Dow-Jones – bulls consolidate after hitting new record high above 50K
Dow eases from new record high (50337) on Monday but remains steady and holds above broken magic 50K barrier that was taken out last Friday after almost 2.7% advance (the biggest daily gain since 9 April 2025).
The index outperformed…
Read More...
Read More...
Euro zone investor morale registers unexpected and strong rise in February
The Eurozone investor morale rose strongly in February and hit the highest since July 2025, Sentix survey showed on Monday.
The index jumped unexpectedly to 4.2 points in February, compared to a 1.8 point drop in January the month…
Read More...
Read More...
US private payrolls increase well below expectation-ADP
The ADP private sector payrolls report, released on Wednesday, showed that private payrolls increased well below expectations in January, with job losses in the professional and business services and manufacturing sectors, being mainly…
Read More...
Read More...
GOLD – recovery extension above $5000 improves near-term picture and boosts optimism
Gold regained levels above $5000 on Wednesday as strong recovery extends into second consecutive day (metal was up almost 6% on Tuesday, in the biggest daily gain in years).
Brief pause in geopolitical stage (one of gold’s key drivers…
Read More...
Read More...
Reserve Bank of Australia raises interest rates by 0.25% as inflationary pressures persist
The Reserve Bank of Australia raised interest rates by 25 basis points from 3.60% to 3.85% in a unanimous vote and widely expected decision.
This was the RBA’s first hike in two years and came just six months after its last rate cut in…
Read More...
Read More...
WTI OIL – double failure at key support zone signals that pullback from new multi-month high…
WTI oil extended pullback from new multi-month high ($66.46) in early Tuesday’s trading, following gap-lower opening at the start of the week and over 4% drop on Monday which marks the biggest daily loss since Nov 11.
Signals of…
Read More...
Read More...
GOLD – the downside is still very vulnerable despite today’s strong bounce
Gold extended sharp drop and fell to the lowest in one month, after trading on Monday started with about $100 gap lower, signaling that negative sentiment (after Friday’s biggest daily drop in over four decades), persists.
De-escalating…
Read More...
Read More...