{"id":3874,"date":"2026-02-05T19:16:16","date_gmt":"2026-02-05T08:16:16","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3874"},"modified":"2026-02-05T19:16:17","modified_gmt":"2026-02-05T08:16:17","slug":"amillex-daily-market-commentary-political-breakthrough-lifts-the-dollar-gold-pulls-back-toward-the-5000-mark","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/fr\/2026\/02\/05\/amillex-daily-market-commentary-political-breakthrough-lifts-the-dollar-gold-pulls-back-toward-the-5000-mark\/","title":{"rendered":"Commentaire quotidien d&#039;Amillex sur les march\u00e9s | Une avanc\u00e9e politique fait grimper le dollar, l&#039;or recule vers la barre des 5\u00a0000 $\u00a0"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-3e6a4ca95c62f51bf3d623a5bd8c90db\" style=\"font-size:18px\"><strong>5 f\u00e9vrier 2026<\/strong>&nbsp;L&#039;incertitude politique aux \u00c9tats-Unis s&#039;est sensiblement att\u00e9nu\u00e9e apr\u00e8s la conclusion d&#039;un accord de financement entre le pr\u00e9sident et les s\u00e9nateurs d\u00e9mocrates, mettant ainsi fin au risque d&#039;une paralysie partielle et prolong\u00e9e du gouvernement. Cette r\u00e9solution a restaur\u00e9 la confiance des march\u00e9s dans les bons du Tr\u00e9sor am\u00e9ricain et le dollar, propulsant l&#039;indice du dollar \u00e0 son plus haut niveau en une semaine et pesant globalement sur les actifs non libell\u00e9s en dollars.&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-9b60a0b663bbc6dbd85acddeecf3c3eb\" style=\"font-size:18px\">Apr\u00e8s une forte hausse jusqu&#039;\u00e0 des niveaux records, l&#039;or au comptant a connu d&#039;importantes prises de b\u00e9n\u00e9fices. Les cours se sont invers\u00e9s par rapport \u00e0 leurs plus hauts intraday de mercredi, franchissant bri\u00e8vement un support technique cl\u00e9 et se repliant vers la zone des 5\u00a0004\u00a0USD\/oz. Ce mouvement signale un ralentissement \u00e0 court terme de la demande de valeurs refuges, les march\u00e9s r\u00e9\u00e9valuant les primes de risque g\u00e9opolitiques dans un contexte politique plus clair. Les march\u00e9s de l&#039;\u00e9nergie, quant \u00e0 eux, sont rest\u00e9s relativement r\u00e9silients. Le p\u00e9trole brut WTI a progress\u00e9 malgr\u00e9 la tendance g\u00e9n\u00e9rale \u00e0 l&#039;aversion au risque, se maintenant autour de 64\u00a0USD, les anticipations concernant l&#039;offre et l&#039;incertitude li\u00e9e aux n\u00e9gociations continuant de soutenir les prix.&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-936297402341322e6da5ef322c0c7a85\" style=\"font-size:20px\"><strong>Performance et analyse du march\u00e9 des actifs<\/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. March\u00e9s boursiers am\u00e9ricains<\/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>Performance de l&#039;indice<\/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-8589da7a6eeae60fc89279b7785ca27c\" style=\"font-size:18px\"><strong>Indice industriel Dow Jones (DJI) :<\/strong>\u00a049 501,30 (<strong>+0,53%<\/strong>Les actions de premier ordre d\u00e9fensives et ax\u00e9es sur la valeur ont attir\u00e9 des flux de capitaux, les investisseurs recherchant une stabilit\u00e9 relative.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-c3541ffb359ee56a9c3d63b5ad0cde67\" style=\"font-size:18px\"><strong>Indice S&amp;P 500 (SPX) :<\/strong>\u00a06 902,99 (<strong>\u22120,10%<\/strong>L&#039;indice a continu\u00e9 de se consolider en dessous du seuil psychologiquement important de 7\u00a0000.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-0354ff74cd3acff57f4a749a07a664c7\" style=\"font-size:18px\"><strong>Indice Nasdaq 100 (NDX) :<\/strong>\u00a025 060,75 (<strong>+0,25%<\/strong>Les valeurs technologiques ont fait preuve d&#039;une l\u00e9g\u00e8re r\u00e9silience malgr\u00e9 une sensibilit\u00e9 persistante \u00e0 la valorisation.\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>Mise en avant de l&#039;action<\/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-3b3d1a3796e95def5614ba10476f96fb\" style=\"font-size:18px\"><strong>Tesla (TSLA) :<\/strong>\u00a0406,01 USD (<strong>\u22123,78%<\/strong>Les actions ont chut\u00e9 \u00e0 leur plus bas niveau en pr\u00e8s de deux mois, sur fond d&#039;inqui\u00e9tudes concernant le ralentissement de la demande de v\u00e9hicules \u00e9lectriques et de pressions li\u00e9es aux prises de b\u00e9n\u00e9fices apr\u00e8s la publication des r\u00e9sultats.\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-eadfdda4343d0f76fb24d4232b97bb47\" style=\"font-size:18px\"><strong>2. March\u00e9s des changes<\/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-e8f6c4491c4301505b11ec6c13950b0f\" style=\"font-size:18px\"><strong>Indice du dollar am\u00e9ricain (DXY) :<\/strong>\u00a097,642 (<strong>+0,27%<\/strong>Le dollar s&#039;est renforc\u00e9 \u00e0 mesure que les march\u00e9s ont r\u00e9ajust\u00e9 leurs anticipations de baisses de taux de la R\u00e9serve f\u00e9d\u00e9rale en 2026 et que les flux vers les valeurs refuges sont revenus.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-8beba65ce5d693d20a7f523b1caaa3c6\" style=\"font-size:18px\"><strong>EUR\/USD :<\/strong>\u00a01.18006 (<strong>\u22120,05%<\/strong>L&#039;euro est rest\u00e9 plafonn\u00e9 sous la barre des 1,20, sous la pression de la dynamique des \u00e9carts de rendement et des tensions g\u00e9opolitiques persistantes qui p\u00e8sent sur la croissance europ\u00e9enne.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-31903186604c7e7e794512574a0f8a61\" style=\"font-size:18px\"><strong>USD\/JPY :<\/strong>\u00a0156.928 (<strong>+0,07%<\/strong>La faiblesse du yen s&#039;est poursuivie, les march\u00e9s restant de plus en plus attentifs aux signaux d&#039;intervention potentiels de la Banque du Japon alors que la paire de devises approche du niveau de 160.\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. M\u00e9taux pr\u00e9cieux et mati\u00e8res premi\u00e8res<\/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>M\u00e9taux pr\u00e9cieux<\/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-9fcae492fed96032f4f6054ed8bf39ae\" style=\"font-size:18px\"><strong>Or au comptant (XAU\/USD) :<\/strong>\u00a05 012,95 USD\/oz (<strong>+0,98%<\/strong>Malgr\u00e9 la volatilit\u00e9 intraday, l&#039;or s&#039;est maintenu avec succ\u00e8s au-dessus du seuil historique des 5\u00a0000\u00a0USD.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-d72228df362829feaf1120850175095d\" style=\"font-size:18px\"><strong>Argent au comptant (XAG\/USD) :<\/strong>\u00a089,48 USD\/oz (<strong>+1,46%<\/strong>L&#039;argent a poursuivi sa progression apr\u00e8s avoir franchi la r\u00e9sistance des 85 dollars am\u00e9ricains, soutenu par une combinaison de flux vers les valeurs refuges et d&#039;une forte demande industrielle.\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>mati\u00e8res premi\u00e8res<\/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-69739624104fa98555e5d8cb327a3c5f\" style=\"font-size:18px\"><strong>P\u00e9trole brut WTI (XTI\/USD) :<\/strong>\u00a064,58 USD\/baril (<strong>+0,02%<\/strong>Les prix du p\u00e9trole ont trouv\u00e9 un solide soutien \u00e0 court terme autour de 65 dollars am\u00e9ricains, soutenus par les tensions au Moyen-Orient et l&#039;incertitude entourant les n\u00e9gociations nucl\u00e9aires entre les \u00c9tats-Unis et l&#039;Iran.\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-81c77a8f092ca30eb88e4127de572834\" style=\"font-size:18px\"><strong>4.&nbsp;<\/strong><strong>Actifs num\u00e9riques et dynamique macro\u00e9conomique<\/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-d25c471bbe73b07d9d1cb0d329c768ee\" style=\"font-size:18px\"><strong>Bitcoin (BTC\/USD) :<\/strong>\u00a072 685 USD (<strong>\u22120,43%<\/strong>Le Bitcoin est entr\u00e9 dans une phase de consolidation technique apr\u00e8s avoir \u00e9chou\u00e9 \u00e0 maintenir sa dynamique haussi\u00e8re, la hausse des rendements des bons du Tr\u00e9sor am\u00e9ricain ayant pes\u00e9 sur l&#039;app\u00e9tit pour le risque.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-6fa8af7802f77e18ea70e2927d9b7aa5\" style=\"font-size:18px\"><strong>Ethereum (ETH\/USD) :<\/strong>\u00a02 136,6 USD (<strong>\u22120,34%<\/strong>Ethereum a continu\u00e9 d&#039;afficher des performances inf\u00e9rieures \u00e0 celles du Bitcoin et des actifs refuges traditionnels.\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-b7ddeeef7c2ae91c154e255ccb3cf5b3\" style=\"font-size:18px\"><strong>5.&nbsp;<\/strong><strong>Focus du jour<\/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-3c02b23a5a62878b739ae74c222cf27f\" style=\"font-size:18px\">Rapport de politique mon\u00e9taire de la Banque d&#039;Angleterre (BOE)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-7e4907a105d933a3b4c8ee5478e70d12\" style=\"font-size:18px\">D\u00e9claration de politique mon\u00e9taire de la Banque d&#039;Angleterre\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-867dfde8bc1e9dcbca243a723e27856d\" style=\"font-size:18px\">D\u00e9cision de la Banque d&#039;Angleterre concernant les taux d&#039;int\u00e9r\u00eat et analyse du vote\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-4bdf66a7e99a326786b0d50fec2b4b78\" style=\"font-size:18px\">D\u00e9cision de la Banque centrale europ\u00e9enne (BCE) concernant le principal taux de refinancement\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-7a8042acaa926ad16096bc83d48a251f\" style=\"font-size:18px\">D\u00e9claration de politique mon\u00e9taire de la BCE\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-99a7b5eca668a424d09bfedcc72966f7\" style=\"font-size:18px\">Conf\u00e9rence de presse du pr\u00e9sident de la BCE\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-1b4322c404bc07f724f67d2b60f56924\" style=\"font-size:18px\">Demandes initiales d&#039;allocations ch\u00f4mage aux \u00c9tats-Unis (semaine se terminant le 31 janvier)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-975b94c2d1ad716fade0828f5193f592\" style=\"font-size:18px\">Rapport sur les offres d&#039;emploi de JOLTS aux \u00c9tats-Unis\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>February 5, 2026&nbsp;\u2014 U.S. political uncertainty eased meaningfully after the President reached a funding agreement with Senate Democrats, officially ending the risk of a prolonged partial government shutdown. The resolution restored market confidence in U.S. Treasuries and the dollar, pushing the U.S. Dollar Index to a one-week high and weighing broadly on non-USD assets.&nbsp; After [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":3877,"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-3874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/comments?post=3874"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3874\/revisions"}],"predecessor-version":[{"id":3875,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/3874\/revisions\/3875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media\/3877"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media?parent=3874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/categories?post=3874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/tags?post=3874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}