Monthly Archives: February 2026
The Euro weakens against the US Dollar, trading at 1.1845 as manufacturing data is awaited.
Written on February 2, 2026 at 5:09 pm, by davin
EUR/USD hovers near 1.1850 after a drop, influenced by strong US manufacturing data and Kevin Warsh’s Fed nomination, signaling a potential bearish trend ahead of crucial economic releases. – vtmarketsmy.com
Despite positive Eurozone data, the Euro weakens against the US Dollar, trading at 1.1845.
Written on February 2, 2026 at 5:09 pm, by davin
The Euro rises against the Swiss Franc, while the Dollar remains steady. Upcoming US economic data may surprise markets. Traders consider strategies as volatility increases ahead of crucial ECB and payroll reports. – vtmarketsmy.com
The Euro trades at 1.1845 against the US Dollar, awaiting US manufacturing activity figures.
Written on February 2, 2026 at 5:09 pm, by davin
EUR/USD stabilizes around 1.1850 amid a strong US Dollar, fueled by Kevin Warsh’s Fed nomination. Market awaits key US manufacturing data, which could further drive the Euro lower. – vtmarketsmy.com
Gold prices recover slightly to around $4,766 after steep decline, but still remain low
Written on February 2, 2026 at 4:11 pm, by davin
Gold prices are attempting a recovery at $4,766, though they remain 15% below recent highs. Central bank demand may provide long-term support, while interest rates and dollar strength influence short-term trends. – vtmarketsmy.com
Analysts at Brown Brothers Harriman report that USD/JPY is below 155.00, indicating a cautious Bank of Japan policy.
Written on February 2, 2026 at 4:10 pm, by davin
USD/JPY recovers near 155.00 amid cautious BOJ rate hike expectations. With potential rate increases ahead, traders may consider options strategies for possible yen strength and leverage market volatility. – vtmarketsmy.com
In January, total new vehicle sales in South Africa reached 50,073, exceeding the previous figure of 48,983.
Written on February 2, 2026 at 4:09 pm, by davin
South Africa’s vehicle sales rose, while the US manufacturing PMI exceeded expectations. A strong dollar pressures gold and cryptocurrencies like Bitcoin and XRP, suggesting cautious trading strategies amid market volatility. – vtmarketsmy.com
Frantisek Taborsky from ING expects important announcements that will impact the Czech Koruna and regional central banks.
Written on February 2, 2026 at 4:09 pm, by davin
The Koruna’s fate hinges on upcoming CEE central bank announcements, particularly inflation data. Traders eye potential rate cuts, while gold and cryptocurrencies react to mixed market signals. Stay informed! – vtmarketsmy.com
Indian Rupee strengthens against the US Dollar after fiscal budget announcement and RBI actions
Written on February 2, 2026 at 3:10 pm, by davin
The Indian Rupee strengthened against the US Dollar following the fiscal budget announcement. RBI intervention played a key role, stabilizing the currency amid expectations for upcoming monetary policy impacts and market volatility. – vtmarketsmy.com
Commerzbank research shows challenges in China’s economy impacting manufacturing and services sectors
Written on February 2, 2026 at 3:10 pm, by davin
China’s economy faces significant challenges in 2026, with GDP growth predicted at just 4%. Manufacturing and service sectors contract, prompting calls for urgent stimulus measures to support the struggling economy. – vtmarketsmy.com
The dollar seems to be recovering, boosted by declining precious metals and expected positive data.
Written on February 2, 2026 at 3:09 pm, by davin
The US Dollar is strengthening as precious metal prices decline, driven by expectations of positive economic data. With Bitcoin facing bearish trends, traders should consider strategic options for managing currency pairs. – vtmarketsmy.com
