BoE and ECB policy decisions to lift market volatility
The post BoE and ECB policy decisions to lift market volatility appeared on BitcoinEthereumNews.com.
Here is what you need to know on Thursday, February 5: Investors move to the sidelines and markets turn quiet early Thursday ahead of key events. The Bank of England (BoE) and the European Central Bank (ECB) will both announce monetary policy decisions later in the session. The US economic calendar will feature the weekly Initial Jobless Claims data, alongside the JOLTS Job Openings report for December. The US Dollar (USD) gathered strength against its rivals in the second half of the day on Wednesday despite the mixed macroeconomic data releases. The Automatic Data Processing (ADP) reported that employment in the private sector rose 22K in January, missing the market expectation of 48K. On a positive note, the Institute for Supply Management’s (ISM) Services Purchasing Managers’ Index (PMI) held steady at 53.8, reflecting an ongoing expansion in the service sector’s business activity at a robust pace. After closing in positive territory on Wednesday, the USD Index holds steady at around 97.70 in the European session on Thursday. US Dollar Price This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.39% 0.51% 1.35% 0.54% -0.46% 0.26% 0.67% EUR -0.39% 0.08% 0.98% 0.14% -0.86% -0.11% 0.27% GBP -0.51% -0.08% 0.79% 0.06% -0.93% -0.20% 0.19% JPY -1.35% -0.98% -0.79% -0.81% -1.81% -1.02% -0.94% CAD -0.54% -0.14% -0.06% 0.81% -0.95% -0.23% 0.13% AUD 0.46% 0.86% 0.93% 1.81% 0.95% 0.75% 1.13% NZD -0.26% 0.11% 0.20% 1.02% 0.23% -0.75% 0.38% CHF -0.67% -0.27% -0.19% 0.94% -0.13% -1.13% -0.38% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top…
Filed under: News - @ February 5, 2026 9:23 am