Monthly Archives: February 2026
Banxico keeps rate at 7.00%, while Wells Fargo notes a more hawkish approach to inflation
Written on February 9, 2026 at 10:09 pm, by davin
Banxico’s steady 7.00% policy rate signals a hawkish stance, with revised inflation forecasts and minimal chance of future cuts, enhancing the carry appeal of the Mexican Peso against other currencies. – vtmarketsmy.com
Silver shows a significant rebound as XAG/USD recovers from a sharp drop to 64.00
Written on February 9, 2026 at 10:09 pm, by davin
Spot Silver prices surged over 6%, breaking $80 as bullish indicators suggest recovery from early February lows. With industrial demand rising, potential for further gains remains strong amidst US dollar weakness. – vtmarketsmy.com
Rumors about China reducing its US Treasury exposure boost GBP against USD, but UK politics hold it back
Written on February 9, 2026 at 10:09 pm, by davin
GBP/USD rises to 1.3659 as China’s reduced US Treasury exposure weakens the dollar, despite UK political tensions limiting gains. Volatility ahead as key economic data looms for both countries. – vtmarketsmy.com
Deutsche Bank analysts say euro area GDP growth stays stable despite varied economic performance.
Written on February 9, 2026 at 9:09 pm, by davin
Euro area GDP growth remains slow at 0.2–0.3%, driven by domestic demand, while industrial production struggles. Analysts anticipate steady growth despite weakness, signaling a two-speed economy with trading opportunities emerging. – vtmarketsmy.com
NZD/USD rises to about 0.6050 due to a decline in the US Dollar
Written on February 9, 2026 at 9:09 pm, by davin
NZD/USD rose to 0.6050 as the US Dollar weakened amid economic uncertainty. With mixed signals from both economies, traders should brace for volatility and explore options strategies as central bank dynamics shift. – vtmarketsmy.com
Daniel Ghali from TD Securities suggests that gold prices are affected by fears of US dollar devaluation and retail demand.
Written on February 9, 2026 at 9:09 pm, by davin
Fear of US Dollar debasement is fueling gold prices more than actual money supply changes, with retail demand surpassing central bank purchases. Upcoming Supreme Court decisions may further impact gold market dynamics. – vtmarketsmy.com
HSBC analysts say the ECB kept its policy while suggesting potential EUR/GBP gains
Written on February 9, 2026 at 9:09 pm, by davin
The European Central Bank remains hawkish amid resilient growth, while the Bank of England leans dovish. This divergence creates trading opportunities, particularly for EUR/GBP and EUR/USD. – vtmarketsmy.com
NatWest’s share price falls sharply after acquiring Evelyn Partners for £2.7 billion
Written on February 9, 2026 at 8:09 pm, by davin
NatWest’s share price dropped 5% after acquiring Evelyn Partners for £2.7bn and suspending future buybacks. Market overreaction may create opportunities for investors, mirroring HSBC’s previous rebound after a similar acquisition scenario. – vtmarketsmy.com
The Euro rises against the US Dollar, trading near 1.1910 due to US Dollar weakness
Written on February 9, 2026 at 8:09 pm, by davin
EUR/USD is poised for a bullish breakout, eyeing the 1.2000 resistance level, supported by strong technical indicators and a favorable economic outlook, while risks remain limited above key moving averages. – vtmarketsmy.com
Concerns grow over potential yen weakening after Takaichi’s electoral win and BoJ policy outlook
Written on February 9, 2026 at 8:09 pm, by davin
Prime Minister Takaichi’s election raises concerns over Japan’s fiscal policy and a weakening Yen. Market reactions could lead to volatility, offering opportunities for traders amidst potential shifts in monetary policy. – vtmarketsmy.com
