Monthly Archives: February 2026
In 2026, the Canadian dollar reached its highest value against the USD since 2024, driven by rising commodity prices and shifting speculation.
Written on February 3, 2026 at 3:09 pm, by davin
The Canadian Dollar has surged, starting 2026 strong against the USD. Analysts foresee continued appreciation if trade talks with the U.S. favor the CAD, potentially reaching a USD/CAD rate of 1.31. – vtmarketsmy.com
A US-India trade agreement strengthens the Indian Rupee against the US Dollar
Written on February 3, 2026 at 3:09 pm, by davin
The Indian Rupee gains significantly against the US Dollar due to a new trade deal, boosting Indian exporters and the stock market. Focus shifts to potential volatility and RBI intervention strategies ahead. – vtmarketsmy.com
The US dollar rebounded this week due to strong economic indicators and Trump’s nomination.
Written on February 3, 2026 at 2:10 pm, by davin
The US Dollar rebounds with Trump’s Fed Chair nomination and strong manufacturing data, challenging earlier rate cut predictions. Gold and Zilliqa rise, while traders eye volatility and dollar strength strategies. – vtmarketsmy.com
Australian dollar strengthens after RBA’s 25 basis point increase, according to Deutsche Bank
Written on February 3, 2026 at 2:09 pm, by davin
The Australian Dollar rose to 0.7008 after the RBA’s rate hike to 3.85%. Amid rising rate expectations, traders may benefit from buying AUD/USD options due to inflation and commodity pressures. – vtmarketsmy.com
Silver prices rise to $86.81 per troy ounce, marking an 8.58% increase according to recent data.
Written on February 3, 2026 at 2:09 pm, by davin
Silver prices have surged to $86.81 per ounce amid rising industrial demand and geopolitical factors, reflecting a 22% increase this year. Traders should prepare for heightened volatility and strategic opportunities. – vtmarketsmy.com
AUD/JPY stays near 109.00 after recent peak decline, gaining over two sessions
Written on February 3, 2026 at 2:09 pm, by davin
AUD/JPY recently retreated near 109.00 after reaching a high of 109.56, driven by a RBA rate hike. Evolving central bank policies suggest traders should consider protective strategies amid market volatility. – vtmarketsmy.com
GBP sees modest gains against USD as the BoE meeting approaches and easing expectations cool down
Written on February 3, 2026 at 1:09 pm, by davin
The British Pound gains modestly against the US Dollar ahead of the Bank of England meeting, with reduced rate cut expectations. Political risks loom, influencing cautious market sentiments and potential volatility. – vtmarketsmy.com
The S&P 500 is nearing the end of an Elliott Wave diagonal pattern that started from a previous low.
Written on February 3, 2026 at 1:09 pm, by davin
The S&P 500 is nearing the end of a diagonal wave pattern, suggesting a potential upward trend nearing its limits. Watch the critical pivot at 6788.87 for signs of a reversal. – vtmarketsmy.com
Rabobank’s RaboResearch Team raises 2026 Brent predictions to $64 per barrel due to geopolitical tensions
Written on February 3, 2026 at 1:09 pm, by davin
Rabobank’s RaboResearch Team raises 2026 Brent crude oil forecast to $64 due to geopolitical tensions, particularly with Iran. Traders should proceed cautiously with hedging until a supply increase occurs. – vtmarketsmy.com
Silver rebounds to around $87.05 after two-day decline below $72.00
Written on February 3, 2026 at 1:09 pm, by davin
Silver’s price rose to $87.05 after recovering from a downturn, supported by improved market sentiment. Factors like industrial demand and geopolitical events hint at potential bullish trends, despite technical weaknesses. – vtmarketsmy.com