{"id":4266,"date":"2026-03-19T18:18:22","date_gmt":"2026-03-19T07:18:22","guid":{"rendered":"https:\/\/www.amillex.com\/?p=4266"},"modified":"2026-03-19T18:18:23","modified_gmt":"2026-03-19T07:18:23","slug":"amillex-daily-market-commentary-fed-holds-rates-gold-slips-below-the-5000-mark","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/fr\/2026\/03\/19\/amillex-daily-market-commentary-fed-holds-rates-gold-slips-below-the-5000-mark\/","title":{"rendered":"Commentaire quotidien d&#039;Amillex sur les march\u00e9s | La Fed maintient ses taux, l&#039;or passe sous la barre des 5\u00a0000 $\u00a0"},"content":{"rendered":"<p class=\"has-black-color has-text-color has-link-color wp-elements-d487b4524f98b18fa250380bb71eb974\" style=\"font-size:18px\">Les march\u00e9s financiers mondiaux ont connu une forte volatilit\u00e9 le 19 mars 2026 suite \u00e0 la derni\u00e8re d\u00e9cision de la R\u00e9serve f\u00e9d\u00e9rale. L&#039;or au comptant a subi de fortes pressions \u00e0 la vente mercredi, chutant de pr\u00e8s de 41\u00a0300\u00a0dollars au cours de la s\u00e9ance et atteignant bri\u00e8vement un plus bas mensuel \u00e0 4\u00a0809\u00a0dollars avant de se redresser l\u00e9g\u00e8rement pour s&#039;\u00e9changer autour de 4\u00a0831\u00a0dollars.&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-62d53b455b643f08e839645263207e43\" style=\"font-size:18px\">Bien que la Fed ait maintenu ses taux d&#039;int\u00e9r\u00eat inchang\u00e9s comme pr\u00e9vu, sa d\u00e9claration de politique mon\u00e9taire s&#039;est r\u00e9v\u00e9l\u00e9e plus restrictive que ce qu&#039;anticipaient les march\u00e9s. Les responsables ont soulign\u00e9 la persistance d&#039;une inflation tenace et ont laiss\u00e9 entendre qu&#039;une seule baisse de taux pourrait \u00eatre envisag\u00e9e cette ann\u00e9e.&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-5994a252d1f54c4ce87e41a119087b03\" style=\"font-size:18px\">Parall\u00e8lement, le march\u00e9 de l&#039;\u00e9nergie a \u00e9volu\u00e9 dans le sens inverse. Le prix du p\u00e9trole brut am\u00e9ricain a bondi de pr\u00e8s de 31\u00a0000 milliards de dollars pour atteindre 98,30 dollars le baril, les tensions g\u00e9opolitiques ayant fortement accru les craintes de perturbations potentielles de l&#039;approvisionnement, ce qui a rapidement r\u00e9tabli la prime de risque du march\u00e9.&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-754b3b3b1ff2d2b6e097dfd7d90e48f9\" style=\"font-size:18px\">Les march\u00e9s sont actuellement pris en \u00e9tau entre un resserrement de la politique mon\u00e9taire et une incertitude g\u00e9opolitique croissante. Les anticipations d&#039;une baisse des taux en juin s&#039;\u00e9tant consid\u00e9rablement estomp\u00e9es, l&#039;or pourrait rester sous pression \u00e0 court terme, le niveau de 4\u00a0800\u00a0USD \u00e9tant d\u00e9sormais consid\u00e9r\u00e9 comme une zone de support cl\u00e9.&nbsp;<\/p>\n\n\n\n<p class=\"has-text-align-center has-black-color has-text-color has-link-color wp-elements-949931cef3ef84db8e336ee81a9dc764\" style=\"font-size:20px\"><strong>Performance des actifs et aper\u00e7u fondamental<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-cb4c99953873a77c097f5f1c70cec8ea\" style=\"font-size:18px\"><strong>1. March\u00e9 des actions am\u00e9ricaines<\/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-13c3d5ba5bf7b66b0c9de191c8d10b35\" style=\"font-size:18px\"><strong>Moyenne industrielle Dow Jones<\/strong> L&#039;action a cl\u00f4tur\u00e9 \u00e0 46\u00a0225,15 points, en baisse de 766,45 points, soit 1,631\u00a0TP3T. Ce repli vers la zone de support des 46\u00a0000 points refl\u00e8te la poursuite de la r\u00e9\u00e9valuation des valeurs vedettes dans un contexte de taux d&#039;int\u00e9r\u00eat \u00e9lev\u00e9s prolong\u00e9s.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-a9e5ce545b5ec91547900d63840b3780\" style=\"font-size:18px\"><strong>S&amp;P 500<\/strong> L&#039;indice a cl\u00f4tur\u00e9 \u00e0 6\u00a0620,95, en hausse de 0,091\u00a0TP3T. Malgr\u00e9 la faiblesse g\u00e9n\u00e9rale du march\u00e9, il a fait preuve de r\u00e9silience autour de la zone des 6\u00a0600 points.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-782031b695f99bae7aa6bf0d50423be6\" style=\"font-size:18px\"><strong>Nasdaq-100<\/strong> a termin\u00e9 \u00e0 24 616,00, en baisse de 0,14%, les valeurs technologiques \u00e9tant confront\u00e9es \u00e0 une volatilit\u00e9 accrue dans un contexte de politique mon\u00e9taire restrictive de la Fed.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-fbf6cd4918b5276ad0b01b48acff3549\" style=\"font-size:18px\"><strong>Focus sur les actions<\/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-69d7246a5cd67fdabce9f86a859bed84\" style=\"font-size:18px\"><strong>Tesla, Inc.<\/strong> L&#039;action a cl\u00f4tur\u00e9 \u00e0 392,78 USD, en baisse de 1,631 %. Les inqui\u00e9tudes li\u00e9es au resserrement des liquidit\u00e9s et au ralentissement de la demande des consommateurs ont pes\u00e9 sur le cours, qui a test\u00e9 la r\u00e9sistance proche du seuil psychologique des 400 USD.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-97850319be1a12dcedaac80f8061fe64\" style=\"font-size:18px\"><strong>2. March\u00e9 des changes\u00a0<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-black-color has-text-color has-link-color wp-elements-c8965da1690824648a1fb0970fe5b4cd\" style=\"font-size:18px\"><strong>Indice du dollar am\u00e9ricain<\/strong> Le taux s&#039;\u00e9tablissait \u00e0 100,128. Bien que la Fed ait maintenu ses taux, une grande partie du ton restrictif avait d\u00e9j\u00e0 \u00e9t\u00e9 int\u00e9gr\u00e9e par le march\u00e9.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-65427eaabc2839009c62b95bed9b5f80\" style=\"font-size:18px\"><strong>EUR\/USD<\/strong> L&#039;euro s&#039;\u00e9changeait \u00e0 1,14738, en hausse de 0,19%. Il a trouv\u00e9 un support technique \u00e0 l&#039;achat au-dessus de 1,14 alors que la dynamique du dollar s&#039;est att\u00e9nu\u00e9e, m\u00eame si la faiblesse des fondamentaux europ\u00e9ens continue de limiter son potentiel de hausse.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-1f0755eed216acbfb49475661accfbfc\" style=\"font-size:18px\"><strong>USD\/JPY<\/strong> Le yen s&#039;\u00e9changeait \u00e0 159,791, en baisse de 0,011. Il reste tr\u00e8s volatil sous le seuil de 160, les op\u00e9rateurs suivant de pr\u00e8s les \u00e9ventuelles mesures que pourrait prendre la Banque du Japon.\u00a0<\/li>\n<\/ul>\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-bbeb1430039e09e8f92c5c6d745050b7\" style=\"font-size:18px\"><strong>Or au comptant (XAU\/USD)<\/strong> Le cours s&#039;est \u00e9tabli autour de 4\u00a0841,86\u00a0USD l&#039;once, en hausse de 0,491\u00a0TP3T. La demande de valeurs refuges est revenue malgr\u00e9 les taux d&#039;int\u00e9r\u00eat \u00e9lev\u00e9s, la couverture contre l&#039;inflation et la prime g\u00e9opolitique continuant de dominer l&#039;\u00e9volution des prix.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-33b93f747d9eb57cf18c9ebbce3f5ed0\" style=\"font-size:18px\"><strong>Argent au comptant (XAG\/USD) <\/strong>L&#039;argent s&#039;\u00e9changeait \u00e0 76,40 USD l&#039;once, en hausse de 1,341 %. Il a affich\u00e9 une dynamique intraday plus marqu\u00e9e que l&#039;or, franchissant plusieurs niveaux de r\u00e9sistance technique.\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-b0eab25a0b609d2d0376d779812bf391\" style=\"font-size:18px\"><strong>P\u00e9trole brut (XTI\/USD)<\/strong> Le prix du p\u00e9trole s&#039;est \u00e9tabli \u00e0 99,03 dollars le baril, en baisse de 0,551 TP3T. Le p\u00e9trole a rencontr\u00e9 une r\u00e9sistance aux alentours de 100 dollars, les march\u00e9s devant trouver un \u00e9quilibre entre les risques g\u00e9opolitiques li\u00e9s \u00e0 l&#039;offre et le ralentissement de la demande mondiale.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-d532b64c1e575daf8e2c7edb10fc8fcd\" style=\"font-size:18px\"><strong>4. Actifs crypto et \u00e9volutions macro\u00e9conomiques<\/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-9cb3a97ca22656578e5ee5fdaf1ec87e\" style=\"font-size:18px\"><strong>Bitcoin<\/strong> Le cours s&#039;\u00e9tablissait \u00e0 71\u00a0026 USD, en baisse de 0,33%. Le Bitcoin est rest\u00e9 stable au-dessus de 70\u00a0000 USD, les cryptomonnaies pr\u00e9sentant de plus en plus les caract\u00e9ristiques d&#039;une valeur refuge num\u00e9rique.\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-753f47cf674c82dced79b846df831059\" style=\"font-size:18px\"><strong>Ethereum<\/strong> L&#039;Ethereum s&#039;\u00e9changeait \u00e0 2\u00a0194,3 USD, en baisse de 0,401 TP3T. Sa performance \u00e9tait l\u00e9g\u00e8rement inf\u00e9rieure \u00e0 celle du Bitcoin, refl\u00e9tant une activit\u00e9 on-chain plus faible dans un contexte de liquidit\u00e9s plus restreintes.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-1a922f37f63fa72681fcbdf8fc7525a3\" style=\"font-size:18px\"><strong>5. \u00c9v\u00e9nements cl\u00e9s \u00e0 suivre aujourd&#039;hui<\/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-04f258b6558b84bc849255f4aeb8bf3f\" style=\"font-size:18px\">\u00c9volution du nombre de demandeurs d&#039;emploi au Royaume-Uni\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-d70b59c0126e2c531fe9ffe4a023f023\" style=\"font-size:18px\">Indice des revenus moyens au Royaume-Uni (3M\/A)\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-06751607401e4fce2ab1fad9f6296c93\" style=\"font-size:18px\">R\u00e9sum\u00e9 de la politique mon\u00e9taire et du taux directeur 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-77fe603a893fbc359c3a503784a8edc4\" style=\"font-size:18px\">Demandes initiales d&#039;allocations ch\u00f4mage aux \u00c9tats-Unis\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-0b0fb38ce55a53d47c44e13dbf3465b8\" style=\"font-size:18px\">Indice de production manufacturi\u00e8re de la R\u00e9serve f\u00e9d\u00e9rale de Philadelphie\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-57a09b9be131c06d3920c62fa4c8a665\" style=\"font-size:18px\">taux de refinancement principal de la Banque centrale europ\u00e9enne\u00a0<\/li>\n\n\n\n<li class=\"has-black-color has-text-color has-link-color wp-elements-090cebc0e66b0b5602a153976e408621\" style=\"font-size:18px\">Ventes de maisons neuves aux \u00c9tats-Unis\u00a0<\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Global financial markets saw sharp volatility on 19 March 2026 following the latest Federal Reserve decision.&nbsp;Spot gold came under heavy selling pressure on Wednesday, falling&nbsp;nearly 4%&nbsp;during the session and briefly touching a monthly low of USD 4,809 before recovering slightly to trade around USD 4,831.&nbsp; Although the Fed kept interest rates unchanged as expected, its [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":4267,"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-4266","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\/4266","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=4266"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/4266\/revisions"}],"predecessor-version":[{"id":4269,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/posts\/4266\/revisions\/4269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media\/4267"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/media?parent=4266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/categories?post=4266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/fr\/wp-json\/wp\/v2\/tags?post=4266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}