Monthly Archives: February 2026
Turkey’s monthly consumer price index exceeds expectations at 4.84%, surpassing the forecast of 4.32%
Written on February 3, 2026 at 10:09 am, by davin
Turkey’s inflation hits 4.84%, sparking market reactions. The US Dollar weakens while gold rises to $4,900. Zilliqa surges over 20% ahead of its upgrade, highlighting dynamic trading opportunities. – vtmarketsmy.com
Turkey’s annual Consumer Price Index reached 30.65% in January, surpassing the expected 30%
Written on February 3, 2026 at 10:09 am, by davin
Turkey’s inflation hit 30.65% in January, raising concerns. Meanwhile, the US Dollar weakens, benefiting gold prices and forex markets like EUR/USD and GBP/USD. Stay informed for potential market shifts! – vtmarketsmy.com
The pound strengthens against the dollar, trading at around 1.3685 ahead of the BoE’s decision.
Written on February 3, 2026 at 9:10 am, by davin
GBP/USD is set at 1.3685 as traders await the Bank of England’s decision on rates. Strong US economic data challenges further GBP gains, hinting at volatility post-announcement. – vtmarketsmy.com
EUR/USD rises above 1.1800 but faces potential bearish reversal in an ascending channel
Written on February 3, 2026 at 9:09 am, by davin
The EUR/USD pair is testing resistance at 1.1836, with improved momentum and bearish reversal risks. A breakout could target 1.2082, while a dip towards 1.1737 signals potential decline. – vtmarketsmy.com
Michele Bullock, Governor of the RBA, explains the reasons for the 25 basis point interest rate increase.
Written on February 3, 2026 at 9:09 am, by davin
The Reserve Bank of Australia raised the cash rate to 3.85% to combat inflation, causing the Australian Dollar to surge. Economic indicators suggest more rate hikes are on the horizon. – vtmarketsmy.com
The Chinese Yuan gains strength against the US Dollar, lowering USD/CNH to around 6.9310
Written on February 3, 2026 at 9:09 am, by davin
The USD/CNH pair nears a 33-month low, driven by a strong yuan ahead of the spring festival. Traders are eyeing options strategies to capitalize on seasonal trends and economic shifts. – vtmarketsmy.com
Current gold prices in Malaysia have increased, according to reliable data.
Written on February 3, 2026 at 8:10 am, by davin
Gold prices in Malaysia surged to 608.89 MYR per gram amid global economic concerns. Investors are flocking to gold as a safe haven, suggesting a bullish trend influenced by inflation and geopolitical tensions. – vtmarketsmy.com
US Dollar Index trades around 97.50, falling after recent gains, as the 10-year yield rises
Written on February 3, 2026 at 8:10 am, by davin
The US Dollar Index has weakened to 95.20 due to shifting Federal Reserve expectations, while market volatility rises. Traders may consider protective options amid potential rate cuts and economic uncertainty. – vtmarketsmy.com
AUD/JPY rises above 108.85 during trading hours due to RBA’s interest rate increase
Written on February 3, 2026 at 8:09 am, by davin
The AUD/JPY climbed to 108.85 after the RBA’s first rate hike in over two years, while Japan’s political uncertainty and potential BoJ actions could impact future trends. – vtmarketsmy.com
RBA raises rates to 3.85%, pushing AUD/NZD closer to 1.1630 during trading
Written on February 3, 2026 at 8:09 am, by davin
The RBA maintains a steady cash rate amid rising Australian inflation, while New Zealand’s economy cools. Upcoming employment data may further boost the AUD against the NZD, strengthening trading opportunities. – vtmarketsmy.com
