Forex Today: DXY surges after softer US Jobless Claims

Initial Jobless Claims in the week ending February 21 came in at 212K, below economists' expectations of 215K but slightly above the previous reading of 208K. Continuing Claims also declined to 1.833 million, signaling stabilization in labor market conditions.

USD/CHF Price Forecast: Rebounds on firm USD, targets 0.7800

USD/CHF recovers some ground on Thursday, rising some 0.19% as the Greenback appreciates and bounces off daily lows beneath 0.7700 on solid US data. At the time of writing, the pair trades at 0.7743, yet it remains shy of the key resistance level seen at 0.7817, the February 2 daily peak.

Fed’s Goolsbee: I want us to be careful

Austan Goolsbee, President of the Federal Reserve Bank of Chicago, said interest rates can come down, but they don't want to front-load before inflation eases. He also added he wants the Fed to be careful in a Fox News Interview on Thursday.

Netherlands: Growth outlook lifted on exports – ABN AMRO

ABN AMRO economists Jan-Paul van de Kerke and Max Raatjes report that stronger-than-expected Dutch GDP in Q4 2025 and solid momentum into 2026 have led them to upgrade growth forecasts.

Silver Price Forecast: XAG/USD slides amid a firm US Dollar

Silver (XAG/USD) price loses its brightness on Thursday, moving in the opposite direction of Gold, which remains steady as the US Dollar recovers some ground and rises. Stronger-than-expected US jobs data keeps the white metal pressured in the mid-North American session.