Sponsor Key to Markets - True ECN Broker. Trade 400+ CFDs with spreads from 0.0 pips, ultra-fast execution, no dealing desk.
START TRADING WITH KEY TO MARKETS

AI-Enhanced Forex News Archive

Professional trading insights from Tuesday, February 3, 2026

News Calendar Archive

February 2026

Sun
Mon
Tue
Wed
Thu
Fri
Sat

News Statistics for Tuesday, February 3, 2026

10
Total Articles
4
Bullish
3
Bearish
3
Neutral

Advanced Filters

Archive date: Tuesday, February 3, 2026

Filter by:
Forexlive

EUR Strengthens as German 30Y Yields Hit 13-Year High at 2.8%

The euro gained 0.2% against major currencies as German 30-year borrowing rates surged to 2.8%, marking the highest level since 2011. This sharp increase from the sub-zero rates seen during 2015-2023 reflects a dramatic shift in European bond markets and provides fundamental support for the euro. The move has left investors who purchased German bonds at negative yields facing substantial unrealized losses. Despite Germany's fiscal discipline remaining among the world's strongest, market participants are increasingly concerned about potential loosening of budget constraints. The elevated yield levels signal normalized monetary conditions and increased borrowing costs across the eurozone. Technical indicators suggest EUR/USD could test resistance at 1.0950 if yields remain elevated, while support holds at 1.0880. The development strengthens the euro's appeal for carry trades and could attract further institutional flows.
EURUSD
Sentiment: Positive
Source: Finnhub
investing.com

USD/CHF – Watch for a 5th Wave

Market Analysis by covering: US Dollar Swiss Franc, US Dollar Index Futures. Read 's Market Analysis on Investing.com
USDCHF
Source: Marketaux
investing.com

AUD/USD Rises on RBA Rate Hike Signals Amid Persistent Inflation

AUD/USD advanced 0.5% to 0.6485 as the Reserve Bank of Australia maintained its hawkish stance, suggesting additional rate hikes are likely with inflation remaining stubbornly above target. The RBA's latest minutes revealed policymakers' concerns about persistent price pressures, particularly in services and housing sectors where inflation continues running at 4.2% annually, well above the 2-3% target band. Market pricing now indicates a 75% probability of another 25 basis point hike at the March meeting. The Australian dollar found additional support from stronger-than-expected retail sales data showing 0.8% monthly growth. Technical indicators show immediate resistance at 0.6520, with a break above potentially targeting 0.6580. Support sits at 0.6450, aligned with the 50-day moving average. Traders should monitor upcoming Australian employment data and Chinese economic indicators for further directional cues.
AUDUSD
Sentiment: Very Positive
Source: Marketaux
investing.com

USD Index Consolidates as Mixed Economic Data Creates Uncertainty

The US Dollar Index retreated 0.2% to 103.50 as conflicting economic signals left traders uncertain about the Federal Reserve's next policy move. While January's ISM Services PMI surprised to the upside at 55.2 versus 53.5 expected, manufacturing data continued showing contraction at 47.8. The mixed picture has pushed back expectations for the Fed's first rate cut, with markets now pricing a 60% chance of easing by June rather than May. EUR/USD gained 0.3% to 1.0780, while AUD/USD climbed 0.5% to 0.6485 on respective domestic factors. Technical analysis shows the Dollar Index testing support at the 103.20 level, with resistance at 104.00. A break below support could accelerate losses toward 102.80, while recovery above 104.00 would signal renewed dollar strength. Traders await Friday's Non-Farm Payrolls for clearer direction.
EURUSD AUDUSD
Sentiment: Neutral
Source: Marketaux
investing.com

EUR/USD Maintains Support at 1.0750 Despite Hawkish Fed Nomination

EUR/USD held steady at 1.0765, defending key support at 1.0750 despite President's nomination of a known hawk to the Federal Reserve Board of Governors. The pair initially dipped 0.4% to test 1.0745 on the news but recovered as European economic data showed unexpected resilience. Eurozone GDP growth was revised upward to 0.4% quarterly, beating initial estimates of 0.3%. The hawkish Fed nomination increases the likelihood of maintaining higher rates for longer, potentially supporting the dollar medium-term. However, immediate market reaction was muted as traders focused on near-term technical levels. The 1.0750 support, coinciding with the 200-day moving average, proved crucial for bulls. Resistance stands at 1.0820, with a break above needed to challenge 1.0850. Failure to hold current support could see acceleration toward 1.0700.
EURUSD
Sentiment: Neutral
Source: Marketaux
investing.com

Gold Breaks Short-Term Uptrend but Long-Term Support Holds at $2,010

Gold prices declined 1.2% to $2,018 per ounce, breaking below the short-term ascending trendline from January lows but maintaining position above crucial long-term support at $2,010. The precious metal faced pressure from rising real yields as US Treasury 10-year yields climbed to 4.15%, while the Dollar Index strengthened marginally. Despite the near-term weakness, gold's secular bull case remains intact, supported by central bank buying which reached record levels of 1,037 tonnes in 2023. Silver followed gold lower, dropping 1.8% to $22.45. Technical indicators suggest oversold conditions on the daily timeframe, with RSI at 32. Immediate resistance sits at $2,035, while a break below $2,010 could accelerate declines toward $1,985. Gold futures volume increased 15% during the selloff, indicating active participation in the move lower.
XAUUSD XAGUSD
Sentiment: Negative
Source: Marketaux
investing.com

Natural Gas Volatility Creates Extreme Buy Signal for Risk Assets

Natural gas futures plummeted 8.5% to $2.15 per MMBtu, reaching extreme oversold conditions that historically correlate with risk-on sentiment in broader markets. The commodity's collapse, driven by unseasonably warm weather forecasts and elevated storage levels at 3,250 Bcf, has pushed sentiment indicators to extreme buy territory with RSI at 18. This development supported risk assets, with S&P 500 futures gaining 0.8% and Nasdaq 100 advancing 1.2% in pre-market trading. The energy sector weakness paradoxically boosted inflation-sensitive assets, as gold recovered from early losses to trade flat at $2,025 and silver gained 0.3% to $22.60. Lower energy costs reduce inflationary pressures, potentially allowing central banks more flexibility in policy decisions. Technical analysis shows natural gas approaching major support at $2.10, with potential for sharp reversal given extreme positioning.
XAUUSD XAGUSD
Sentiment: Positive
Source: Marketaux
investing.com

USD Seasonal Weakness May Override February's Historical Strength

Currency markets are witnessing an unusual dynamic as broad USD weakness challenges traditional February seasonal patterns. Historical data shows February typically favors dollar strength, particularly against EUR/USD (-0.3% average) and GBP/USD (-0.2% average). However, current market conditions suggest this seasonal tendency may be overwhelmed by fundamental factors pressuring the greenback. AUD/USD has already gained 1.2% month-to-date, defying its typical February decline of -0.4%. The USD/JPY pair shows particular vulnerability, trading near 149.50 with potential for further downside if risk-off sentiment persists. Technical analysis across major pairs indicates dollar weakness could accelerate, with DXY testing crucial support at 103.20. Traders should monitor upcoming US economic releases, particularly inflation data, which could either reinforce or reverse the current anti-dollar sentiment despite seasonal expectations.
EURUSD GBPUSD USDJPY AUDUSD
Sentiment: Negative
Source: Marketaux
investing.com

USD/CHF Tests 0.9100 Support After Strong US Manufacturing PMI

USD/CHF declined 0.4% to test critical support at 0.9100 despite a surprisingly strong US Manufacturing PMI reading of 51.2, exceeding forecasts of 49.5. The pair's weakness reflects broader dollar selling pressure that has overwhelmed positive US data. The PMI expansion, marking the first reading above 50 in six months, initially sparked a brief dollar rally before sellers regained control. Swiss franc strength stems from its safe-haven appeal amid global uncertainty and SNB's relatively hawkish stance. Technical indicators show USD/CHF breaking below its 50-day moving average at 0.9125, with next support at 0.9050. The Dollar Index (DXY) simultaneously dropped 0.3% to 103.45, confirming widespread USD weakness. Traders are positioning for potential further declines unless upcoming US data significantly beats expectations, with focus turning to this week's jobless claims and consumer confidence figures.
USDCHF
Sentiment: Negative
Source: Marketaux
Forexlive

AUD/USD surges on RBA's hawkish 25bp hike to 3.85%

AUD/USD jumped sharply following the Reserve Bank of Australia's unanimous decision to raise interest rates by 25 basis points to 3.85%, in line with market expectations. The central bank delivered a hawkish surprise by lifting inflation forecasts and signaling potential further tightening through 2026, supporting the Australian dollar's strength. The RBA's commitment to combating persistent inflation contrasts with other major central banks considering pause or pivot scenarios. Asian risk sentiment improved notably, with Japanese stocks surging on tech rebounds and the KOSPI rocketing higher on banking sector gains. The People's Bank of China set the USD/CNY reference rate at 6.9608, while Goldman Sachs highlighted gold's surge as reflecting structural demand shifts. The hawkish RBA stance suggests AUD/USD could test resistance levels near 0.6750, with support established around 0.6650 as traders position for potential further Australian rate increases.
AUDUSD USDCNY
Sentiment: Very Positive
Source: Finnhub

Trade with Key to Markets

True ECN Broker since 2010. Trade 400+ CFDs across Forex, Indices, Commodities, Stocks and Cryptos. ECN spreads from 0.0 pips, ultra-fast execution, no dealing desk.

START TRADING NOW
Telegram Icon