Monthly Archives: February 2026
USD/CNH falls for the fourth day in Asia, nearing a May 2023 low around 6.9060
Written on February 10, 2026 at 8:09 am, by davin
USD/CNH has fallen to its lowest since May 2023, with oversold conditions suggesting potential for a rebound. Traders should consider strategies for upside while remaining cautious of profit-taking signals. – vtmarketsmy.com
Asian trading places XAG/USD at approximately $82.65 as the dollar recovers and profit-taking occurs, with a focus on US retail sales.
Written on February 10, 2026 at 8:09 am, by davin
Silver prices dipped to $82.65 due to profit-taking and a stronger US Dollar, amidst strong US economic data. Traders may consider options strategies to manage risks while navigating market uncertainty. – vtmarketsmy.com
AUD/USD hovers around 0.7100 as February Westpac confidence drops, putting pressure on the Australian Dollar in Asia
Written on February 10, 2026 at 8:09 am, by davin
AUD/USD is hovering near 0.7090 as mixed Australian data weakens the Australian dollar, with traders anticipating US job and CPI reports. A continued decline in the Aussie is expected. – vtmarketsmy.com
XAU/USD drops to $5,030 as stocks draw traders; Chinese demand may limit further losses
Written on February 10, 2026 at 8:09 am, by davin
Gold prices dipped below $5,050 amid a shift to equities, supported by a positive risk mood and easing US-Iran tensions. Central bank demand, particularly from China, offers stability for gold investors. – vtmarketsmy.com
Gold price falls nearly $5,035 in early trading as traders await US economic data
Written on February 10, 2026 at 7:09 am, by davin
Gold prices dipped to $5,035 amid profit-taking and improved risk sentiment, while central bank demand remains strong. Anticipate volatility with mixed economic indicators influencing future trading strategies. – vtmarketsmy.com
Australia’s National Australia Bank business conditions dropped from 9 to 7 in January.
Written on February 10, 2026 at 7:09 am, by davin
NAB’s Business Conditions Index fell to 7, indicating a slowdown in Australia’s economy. Analysts anticipate changes in interest rates, impacting currency and stock market performance. Traders should consider protective strategies. – vtmarketsmy.com
Japan’s money supply M2+CD year-over-year decreased to 1.6% in January, down from 1.7%
Written on February 10, 2026 at 7:09 am, by davin
Japan’s money supply growth slows, reflecting economic challenges. With US inflation data looming, markets face currency fluctuations and potential rate cuts in the UK, while gold holds steady amidst uncertainty. – vtmarketsmy.com
In February, Australia’s Westpac Consumer Confidence rose to 90.5% from a previous -1.7%
Written on February 10, 2026 at 6:14 am, by davin
Consumer sentiment in Australia surged to 90.5 in February, signaling rising confidence amid improving economic conditions. This bodes well for consumer spending and presents favorable trades for the Australian dollar and stock market. – vtmarketsmy.com
Takaichi’s election victory strengthens the Japanese Yen, pushing USD/JPY below 156.00
Written on February 10, 2026 at 6:14 am, by davin
USD/JPY weakens to 155.90 as the Yen gains strength post-political victory in Japan. Traders eye US Retail Sales data, anticipating a potential shift in monetary policy amidst rising inflation pressures. – vtmarketsmy.com
GBP/USD stays bullish above key EMAs as markets near mid-week NFP data
Written on February 10, 2026 at 6:09 am, by davin
GBP/USD has risen 0.55%, overcoming a recent dip, as it maintains bullish momentum. Upcoming US economic data may drive further movement, with traders eyeing key resistance levels for potential gains. – vtmarketsmy.com
