Monthly Archives: February 2026
Mexico’s accumulated current account-to-GDP ratio rose to 1.6% in Q4, up from 0.49%.
Written on February 27, 2026 at 7:31 am, by davin
Mexico’s current account surplus jumped to 1.6% of GDP, boosting peso bullishness. With 11.25% rates, capital inflows, nearshoring, and record FDI, USD/MXN could break 17.05. Consider peso-long options, volatility-selling. – vtmarketsmy.com
As geopolitical and economic risks persist, silver gains traction as buyers support dips and the RSI stays above 50
Written on February 27, 2026 at 7:30 am, by davin
Silver rebounds 3.4% to $90.25, up 24% in five days—dip buyers are back. Uptrend holds above key averages; watch $92.87 resistance, $86.08 support, while strong dollar caps gains. – vtmarketsmy.com
HSBC says GBP/USD looks overvalued as expectations of a BoE cut grow, keeping sterling under pressure after February’s close vote
Written on February 27, 2026 at 7:30 am, by davin
Pound/dollar may be overpriced as traders bet the Bank of England turns dovish. With an 80% cut chance and weak UK data versus strong US, watch March 19 guidance—sterling could slide. – vtmarketsmy.com
Investors push the euro down against the pound after softer eurozone inflation and Germany’s fourth-quarter GDP data
Written on February 27, 2026 at 7:30 am, by davin
EUR/GBP slid to 0.8716 as Eurozone inflation hit 1.7% and German GDP held steady. But here’s the hook: BoE rate-cut odds are rising, potentially boosting EUR/GBP soon. – vtmarketsmy.com
WTI crude trades near $65 a barrel, retreating as US-Iran nuclear talks resume next week
Written on February 27, 2026 at 7:11 am, by davin
WTI dipped to $65 as US-Iran nuclear talks eased supply fears. But tight inventories and OPEC+ cuts support prices—making headline-driven drops potential buy opportunities, especially via options. – vtmarketsmy.com
XAG/USD silver trades above the mid-$89s, posting modest gains but remaining range-bound
Written on February 27, 2026 at 7:11 am, by davin
Silver is stuck in a tight range but buyers still lead. Holding above the 100-EMA and key supports, a break over $91.10 could target $93, boosted by solar demand. – vtmarketsmy.com
Oman’s foreign minister said Iran–US nuclear talks have advanced considerably, Reuters reported on Thursday, without details
Written on February 27, 2026 at 7:11 am, by davin
US-Iran nuclear talks show progress, boosting “risk-on” mood. Vienna technical talks resume next week. Gold and oil dip as tensions ease, raising prospects of more Iranian supply and weaker safe-havens. – vtmarketsmy.com
China’s central bank will cut the foreign exchange risk reserve ratio from 20% to 0% from 2 March
Written on February 27, 2026 at 7:10 am, by davin
China just made it cheaper to bet against the yuan: the PBOC cuts FX risk reserves to 0% March 2, signaling tolerance for weakness, boosting hedging, exports, and regional market volatility. – vtmarketsmy.com
China’s central bank set the dollar-yuan midpoint at 6.9228, unchanged from the previous fix and above Reuters’ 6.8428 estimate.
Written on February 27, 2026 at 6:11 am, by davin
Surprise yuan signal: China’s PBOC kept USD/CNY fixed at 6.9228, far weaker than forecasts. The move prioritizes stability and growth, supports exporters, and suggests range-bound trading ahead. – vtmarketsmy.com
AUD/USD dips near 0.7110 in Asia, but may find support from the RBA’s cautious outlook
Written on February 27, 2026 at 6:11 am, by davin
AUD/USD slips near 0.7110 as traders weigh RBA policy. Today, easing-bias Australia versus tariff-fueled US inflation supports USD, keeping AUD range-bound or lower; options hedges gain appeal. – vtmarketsmy.com
