Monthly Archives: February 2026
After a two-day rally, the euro steadies near one-week highs against the dollar ahead of US retail data
Written on February 10, 2026 at 4:09 pm, by davin
EUR/USD hovers near 1.1905 as the dollar weakens ahead of key US data. But the 2025 euro rally story flipped: sticky US inflation and strong jobs now favor dollar strength. – vtmarketsmy.com
Gold edges higher as a softer US dollar supports it above $5,000, with buyers eyeing resistance at $5,100
Written on February 10, 2026 at 3:10 pm, by davin
Gold hovers near $5,250 as dollar strength and hotter inflation cap gains. Watch key US data. Bulls target $5,340 if $5,100 breaks; $4,970/$4,655 are key supports. – vtmarketsmy.com
Rabobank’s Michael Every says Europe is stuck near 1.5% growth amid fragmentation, deindustrialisation and rearmament
Written on February 10, 2026 at 3:09 pm, by davin
Europe’s stuck near 1.5% growth as politics gridlock reforms. Germany deindustrialises with big layoffs, partially offset by rearmament. Euro ambitions stall, volatility rises, and markets hedge against weaker EUR. – vtmarketsmy.com
Since mid-2025, the Hang Seng Index has surged and may be nearing a peak, with a reversal possibly imminent
Written on February 10, 2026 at 3:09 pm, by davin
Hang Seng’s strong rally is stalling at long-term resistance, and Chinese New Year often sparks pivots. Watch CNY-week candles for reversal signs; 21,417 is key support. SPX contagion may stay limited. – vtmarketsmy.com
Commerzbank’s Fritsch says oil fell first as Oman talks eased strike fears, but supply risks offset the drop
Written on February 10, 2026 at 3:09 pm, by davin
Oil dipped after US–Iran talks eased strike fears, then rebounded as real supply threats emerged: Kazakhstan export shortfalls, India potentially cutting Russian imports, EU tanker bans—tightening markets and fueling higher prices. – vtmarketsmy.com
Nomura analysts expect one more Norges Bank rate cut in 2026, bringing the rate to 3.75% after inflation surprises
Written on February 10, 2026 at 2:09 pm, by davin
Norway’s inflation shock and strong wages push Nomura to expect only one Norges Bank rate cut—delayed to December 2026—to 3.75%, keeping NOK strong and markets positioned for higher rates. – vtmarketsmy.com
Ahead of US retail sales, the dollar weakens again, pushing USD/JPY toward 155 at weekly lows
Written on February 10, 2026 at 2:09 pm, by davin
Dollar slips versus yen as weak US jobs and retail sales fuel Fed cut bets, pushing USD/JPY toward key support. Japan officials warn against speculation; options traders eye bearish puts amid rising volatility. – vtmarketsmy.com
Societe Generale analysts see the Swiss franc holding firm as EUR/CHF drops to fresh post-2015 lows amid a risk-on mood
Written on February 10, 2026 at 2:09 pm, by davin
EUR/CHF hit a post-2015 low near 0.9123 as the Swiss franc surged on funding-market forces, including Alphabet’s CHF bond sale and bearish calls. With inflation calm, the SNB stays hands-off, inviting further downside. – vtmarketsmy.com
Based on market data, silver trades at $82.63 per troy ounce, down 1.49% from Monday’s $83.88
Written on February 10, 2026 at 2:09 pm, by davin
Silver dipped 1.49% to $82.63, but the bigger story is momentum: up 16% YTD. A weaker dollar, steady rates, and booming solar demand keep the uptrend intact. – vtmarketsmy.com
The dollar remains range-bound, with strong put demand, as upcoming US data may shift sentiment and direction
Written on February 10, 2026 at 1:10 pm, by davin
Dollar weakness is back: DXY drifts in a tight range as options traders pile into dollar puts. All eyes now on US jobs, NFIB, retail sales, and auctions to break the stalemate. – vtmarketsmy.com