{"id":3661,"date":"2026-01-23T15:25:50","date_gmt":"2026-01-23T04:25:50","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3661"},"modified":"2026-01-23T15:25:51","modified_gmt":"2026-01-23T04:25:51","slug":"amillex-daily-market-commentary-weaker-usd-lifts-gold-to-new-highs-as-rate-cut-expectations-fuel-bullish-sentiment","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/de\/2026\/01\/23\/amillex-daily-market-commentary-weaker-usd-lifts-gold-to-new-highs-as-rate-cut-expectations-fuel-bullish-sentiment\/","title":{"rendered":"Amillex-Tagesmarktkommentar | Schw\u00e4cherer US-Dollar treibt Gold auf neue H\u00f6chstst\u00e4nde, da Zinssenkungserwartungen die Stimmung befl\u00fcgeln"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-848b7e19ef2492749c2f8bf45fdc7b9b\" style=\"font-size:18px\"><strong>23. Januar 2026 \u2014<\/strong>&nbsp;Der Goldpreis setzte seinen starken Aufw\u00e4rtstrend fort und hielt sich fest \u00fcber der psychologisch wichtigen Marke von 4.900 US-Dollar pro Unze. Im fr\u00fchen asiatischen Handel erreichte er kurzzeitig ein Rekordhoch von 4.960,43 US-Dollar pro Unze. Haupttreiber dieser Entwicklung war die anhaltende Schw\u00e4che des US-Dollars. Der Dollar-Index fiel um 0,51 Punkte auf 98,28 und damit nahe einem Dreiwochentief. Obwohl der j\u00fcngste PCE-Preisindex einen Anstieg der Inflation auf 2,81 Punkte im Jahresvergleich auswies und damit eine gewisse wirtschaftliche Widerstandsf\u00e4higkeit signalisierte, d\u00e4mpfte dies die Erwartungen an k\u00fcnftige geldpolitische Lockerungen kaum. Die M\u00e4rkte preisen weiterhin eine vorsichtige Haltung der Fed in naher Zukunft ein, gefolgt von zwei Zinssenkungen um insgesamt 50 Basispunkte in der zweiten Jahresh\u00e4lfte 2026. Diese Aussichten reduzieren die Opportunit\u00e4tskosten des Goldbesitzes, verst\u00e4rken dessen Attraktivit\u00e4t und erhalten die positive Dynamik aufrecht.&nbsp;<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-black-color has-text-color has-link-color wp-elements-36d0a7ca3d04cc5eca8992d784cfdfe1\" style=\"font-size:20px\"><strong>Anlagenperformance und Fundamentalanalyse<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-0819a3863ca0df6beba3bcd366ba958e\" style=\"font-size:18px\"><strong>1. US-Aktienm\u00e4rkte<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-11a8b7ba65f6a75934a331b5b63d7d73\" style=\"font-size:18px\"><strong>Indexperformance<\/strong>&nbsp;<\/p>\n\n\n\n<ul style=\"font-size:18px\" class=\"wp-block-list has-black-color has-text-color has-link-color wp-elements-a7e18a099b281b8611aea32a59ef9960\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-10628d75327f33a063906d5dfca8e8bf\" style=\"font-size:18px\"><strong>Dow Jones Industrial Average:\u00a0<\/strong>49.384,01 (+0,63%). Unterst\u00fctzt durch Signale einer Entspannung der geopolitischen Spannungen vom Weltwirtschaftsforum in Davos \u2013 insbesondere durch das Nachlassen der angedrohten Z\u00f6lle im Zusammenhang mit Gr\u00f6nland \u2013 verzeichnete der Dow Jones den zweiten Anstieg in Folge und hielt sich deutlich \u00fcber der Marke von 49.000 Punkten.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-e0f3574f61e2dc9502ee5a2809ba4600\" style=\"font-size:18px\"><strong>S&amp;P 500:\u00a0<\/strong>6.913,35 (+0,55%). Optimismus im Vorfeld der FOMC-Sitzung trug zu einer leichten Erholung des Index bei, nachdem die Zufl\u00fcsse in sichere Anlagen zuvor nachgelassen hatten.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-37e556c78eaca86a496c5c7291438ec4\" style=\"font-size:18px\"><strong>Nasdaq Composite:\u00a0<\/strong>25.436,02 (+0,91%). Technologiewerte f\u00fchrten die Gewinne an, wobei der KI-Sektor im Zuge intensiver Diskussionen beim Weltwirtschaftsforum in Davos wieder an Dynamik gewann und bemerkenswerte Short-Eindeckungen ausl\u00f6ste.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-8d715533c6ec58385a9f16bb657d1e8f\" style=\"font-size:18px\"><strong>Aktien-Highlight<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-2bd69c3664450244f46bdf1bd00a6479\" style=\"font-size:18px\"><strong>Tesla (TSLA): $449.36<\/strong>\u00a0(+4,15%). Nach einem Kursanstieg von 1,63% in der vorangegangenen Sitzung setzte Tesla seine Rallye fort und durchbrach die wichtige Widerstandsmarke von $440.\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-f7397c4fcc210b1bc8b1b9f1722c1d25\" style=\"font-size:18px\"><strong>2. Devisenmarkt<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-c9ec6aecd966cf487eebe71bcd62cf1d\" style=\"font-size:18px\"><strong>US-Dollar-Index (DXY):\u00a0<\/strong>98,30 (-0,41%) Die nachlassenden geopolitischen Spannungen reduzierten die Nachfrage nach sicheren Anlagen und lie\u00dfen den Dollar von seinen j\u00fcngsten H\u00f6chstst\u00e4nden stetig sinken.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-3487f4adc27ac39f864127fd651806b2\" style=\"font-size:18px\"><strong>EUR\/USD:\u00a0<\/strong>1,1750 (+0,56%) Der Euro profitierte von einer leichten Verbesserung der Risikostimmung im US-EU-Handelsstreit und erholte sich nach Erreichen eines Mehrmonatstiefs deutlich.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-082b267d03ee405f0985d2eb9bf88d45\" style=\"font-size:18px\"><strong>USD\/JPY:\u00a0<\/strong>158,40. Mit steigender Risikobereitschaft schw\u00e4chte sich die Nachfrage nach dem sicheren Hafen Yen ab. Das W\u00e4hrungspaar konsolidiert weiterhin nahe der Marke von 158 und wartet auf weitere Signale der Zentralbank.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-ff6a8b443a8bd973ca90a6f1108af1cf\" style=\"font-size:18px\"><strong>3. Edelmetalle und Rohstoffe<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-c39cbaecb9bf76e699535ea0988df6dd\" style=\"font-size:18px\"><strong>Edelmetalle<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-350d8d2cb5528b8fefc52e4647c5fa00\" style=\"font-size:18px\"><strong>Spot-Gold (XAUUSD):\u00a0<\/strong>Rund $4.950\/oz (+1,61%). Positive Entwicklungen vom Weltwirtschaftsforum in Davos f\u00fchrten zu einer rationalen Anpassung der Pr\u00e4mien f\u00fcr sichere Anlagen.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-e18127a6ebfca7c650b84475df37cabc\" style=\"font-size:18px\"><strong>Spot-Silber (XAGUSD):\u00a0<\/strong>Rund $95,82 (+3,44%). Trotz einer vor\u00fcbergehenden Entspannung der geopolitischen Spannungen zeigte Silber keine Schw\u00e4che und stieg erneut \u00fcber die Marke von $95,82.\u00a0<strong>$95<\/strong>\u00a0Historischer H\u00f6chststand.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9475610fc825ef459f8fc74a4c4a5372\" style=\"font-size:18px\"><strong>Rohstoffe<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-f153ecd9c773478ac4175bc271ed16f3\" style=\"font-size:18px\"><strong>WTI-Roh\u00f6l:\u00a0<\/strong>Um\u00a0<strong>$59,70\/Fass<\/strong>\u00a0(-2,14%). Die Pr\u00e4mien f\u00fcr geopolitische Risiken gingen deutlich zur\u00fcck.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-97655026c8d686b2047030add8072884\" style=\"font-size:18px\">4<strong>Krypto-Assets und Makrodynamik<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-8c03c7cbbba59b2362f90e019ff73f80\" style=\"font-size:18px\"><strong>Bitcoin (BTC):\u00a0<\/strong>Rund $89,521, womit die psychologische Schwelle von $90,000 leicht unterschritten wurde.\u00a0<br>W\u00e4hrend ein Teil des kurzfristigen Kapitals in sich erholende Aktien umgeschichtet wurde, zeigt BTC weiterhin eine solide technische Unterst\u00fctzung nahe $88.000.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-ab642779c7e95cc7aa7ad697d1a18e2c\" style=\"font-size:18px\"><strong>Ethereum (ETH):\u00a0<\/strong>Im Spannungsfeld um den Pivot-Punkt von $3.000 bewegt sich ETH weiterhin in einer engen Spanne zwischen $2.980 und $3.050, belastet durch die anhaltende Debatte \u00fcber die j\u00fcngsten On-Chain-Aktivit\u00e4tsniveaus.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-21019b0d8b61026b54145cce98b0069d\" style=\"font-size:18px\"><strong>5. Heutiger Fokus<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-b227e7d28fe13b7bf1523300fd11ddde\" style=\"font-size:18px\">Jahrestagung des Weltwirtschaftsforums (Tag 5)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-e962027d763be3ec0b8ea9a3ed99ad74\" style=\"font-size:18px\">Britische Einzelhandelsums\u00e4tze im Dezember (Monat\/Monat)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-3030818e07d5ae949c8163d7c06b265c\" style=\"font-size:18px\">Franz\u00f6sischer Einkaufsmanagerindex f\u00fcr das verarbeitende Gewerbe im Januar (vorl\u00e4ufig)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-a3fb11e199e085a5b213837758d918b5\" style=\"font-size:18px\">Frankreich, Dienstleistungs-PMI Januar (vorl\u00e4ufig)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-573ce4eb662b8402db967c5d47ed12cd\" style=\"font-size:18px\">Deutschland Januar: Einkaufsmanagerindex f\u00fcr das verarbeitende Gewerbe (vorl\u00e4ufig)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-fb8609d63904fe2a23b4a65bcba02213\" style=\"font-size:18px\">Deutschland, Dienstleistungs-PMI Januar (vorl\u00e4ufig)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-43e5006abe6476d01b52f7f64a3ab6b5\" style=\"font-size:18px\">Britischer Einkaufsmanagerindex f\u00fcr das verarbeitende Gewerbe im Januar (vorl\u00e4ufig)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-398f4d6556be9ad1b695b0350cddef61\" style=\"font-size:18px\">Britischer PMI f\u00fcr den Dienstleistungssektor im Januar (vorl\u00e4ufig)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-eea91c3285c101ea5e6f21aab1d8f235\" style=\"font-size:18px\">Kanada Dezember Kernumsatz Einzelhandel m\/m\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-ef5cda99a55ae35b6bcd5176b2c1c75e\" style=\"font-size:18px\">Kanadische Einzelhandelsums\u00e4tze im Dezember (Monat\/Monat)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-905cc591359a8392ba2effa0cfa19d5c\" style=\"font-size:18px\">US-Einkaufsmanagerindex f\u00fcr das verarbeitende Gewerbe im Januar (vorl\u00e4ufig)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-061c57a2c0f9b9fb0463095059b5192f\" style=\"font-size:18px\">US-Einkaufsmanagerindex f\u00fcr den Dienstleistungssektor im Januar (vorl\u00e4ufig)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-62341791ad5cafe5547fb9a85e6a1d22\" style=\"font-size:18px\">US-Verbraucherstimmungsindex der Universit\u00e4t Michigan (Endergebnis) \u2013 Januar\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Jan 23, 2026 \u2014&nbsp;Spot gold extended its powerful rally, holding firmly above the $4,900 psychological level and briefly touching a record high of $4,960.43\/oz during early Asian trading. The move was&nbsp;mainly driven&nbsp;by continued weakness in the U.S. dollar, with the Dollar Index sliding 0.5% to 98.28, near a three-week low. Although the latest PCE Price [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":3663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[8],"tags":[],"class_list":["post-3661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/posts\/3661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/comments?post=3661"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/posts\/3661\/revisions"}],"predecessor-version":[{"id":3662,"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/posts\/3661\/revisions\/3662"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/media\/3663"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/media?parent=3661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/categories?post=3661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/de\/wp-json\/wp\/v2\/tags?post=3661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}