Forex Today: USD holds onto weekly gains while markets remain vigilant about geopolitics
Here’s what you should know on Thursday, February 19th. The momentum for the United States dollar (USD) gained traction late Wednesday, largely due to the hawkish tone found in the minutes from the Federal Reserve’s January policy meeting. The US economic calendar also features data on December’s goods trade balance and the weekly new unemployment […]
Forex Update: USD strengthens following FOMC minutes, attention on ECB leadership succession
Here’s what you need to know on Thursday, February 19th. According to a report from the Financial Times, Christine Lagarde, the President of the European Central Bank (ECB), might step down sooner than expected, possibly before her retirement date in October 2027. This could give French President Emmanuel Macron a chance to influence who will […]
Forex Today: Markets become careful following the extended weekend in the US
Market Update for February 17th Here’s what’s happening on this Tuesday. Safe-haven assets were the focus in financial markets as trading resumed after the U.S. holiday. Key economic reports to watch today include Germany’s ZEW sentiment data, the U.S. ADP employment change report for the past four weeks, and Canada’s January inflation figures. USD Price […]
Forex Today: US Dollar remains steady as markets anticipate FOMC Minutes, UK CPI, and US PCE
Here’s what you need to know on Tuesday, February 17th. On Monday, most major currency pairs showed little change, as US stock and bond markets were shut for President’s Day. In the coming days, the economic landscape might get a bit more intense, with crucial reports on jobs and inflation in the UK, along with […]
GBP/USD Forex Signal 16/02: a Recovery Expected (Chart)
Created on February 16, 2026 Bullish Perspective Consider buying the GBP/USD pair with a take profit set at 1.3785. Place a stop loss at 1.3550. Timeframe: 1-2 days. Bearish Perspective Think about selling the GBP/USD pair, aiming for a take profit at 1.3550. Set a stop loss at 1.3785. The GBP/USD exchange rate experienced some […]
Weekly Forex Outlook – February 16 to 20, 2026 (Charts)
I noted these insights on the 8th. Here’s a recap of the significant trades for February. Holding the Dow Jones Industrial Average led to a weekly drop of 1.09%. A few key market data points from the past week: US CPI (Inflation) – This rose by 0.2% month-over-month, which was a bit lower than the […]
Forex Today: US Nonfarm Payrolls exceeded forecasts, but the US Dollar continues to face challenges
Here’s what you need to know on Thursday, February 12th. The US reported a surprisingly strong non-farm payrolls figure for January, adding 130,000 jobs. This marks a positive beginning to the year, with the unemployment rate dropping to 4.3% and average hourly wages remaining stable at 3.7% year-over-year. Despite this encouraging jobs report, the dollar […]
Forex Today: US Dollar steadying before US NFP
Here’s what you need to know on Wednesday, February 11th. The private sector added about 65,000 jobs on average during the four weeks that ended on January 24, a notable increase from just 5,000 jobs the previous week, according to the U.S. ADP. Meanwhile, retail sales remained stagnant in December, falling short of the anticipated […]
Forex Update: US Dollar declines ahead of consumer sentiment data
Friday, February 6th Overview The US dollar (USD) index reached a two-week peak of nearly 98.00 on Thursday, but it slipped early on Friday. Investors are keenly awaiting the University of Michigan’s preliminary consumer confidence report for February, which will be released later today. Additionally, there’s significant attention on remarks from central bank officials as […]
Today’s Forex Market: Attention turns to Eurozone inflation and important US data
So, here’s what’s happening on Thursday, February 4th. Major currency pairs were rather quiet early on Wednesday as investors prepared for some critical macroeconomic data. Eurostat is set to release the January inflation figures later, while the U.S. economic calendar features private sector employment data and PMI data from the Institute for Supply Management. On […]