Monthly Archives: February 2026
As the yen weakens, GBP rises for a second day and tests resistance at 209.60
Written on February 16, 2026 at 5:09 pm, by davin
GBP/JPY rebounds as weak Japan GDP sinks the yen, testing 209.60 resistance. A break targets 210.54–211.65, but UK jobs data may shake markets. Options offer upside with limited risk. – vtmarketsmy.com
AUD/USD climbs toward 0.7090 in Europe as the Australian dollar rebounds; investors await the RBA minutes release
Written on February 16, 2026 at 5:09 pm, by davin
Aussie dollar ticks up to 0.7090 as traders await RBA minutes and jobs data. But year-on-year, weaker Aussie rates, softer employment, and a stronger USD cap gains. – vtmarketsmy.com
OCBC strategists say equity market turmoil is boosting the Swiss franc as EUR/CHF stabilises well below 0.92
Written on February 16, 2026 at 5:09 pm, by davin
Swiss franc surges amid market turmoil, pushing EUR/CHF below 0.92. OCBC warns this could drag inflation under SNB forecasts, testing tolerance. Watch March 19 meeting; dovish hints may lift EUR/CHF. – vtmarketsmy.com
India’s January trade deficit beat forecasts, hitting $34.68B vs. $26.14B expected
Written on February 16, 2026 at 5:09 pm, by davin
India’s January trade deficit unexpectedly surged to $34.68bn, slamming the rupee. Costly oil imports and weak exports raise inflation, volatility, and trading opportunities in USD/INR, bonds, and sector stocks. – vtmarketsmy.com
Oil prices stay buoyed by a risk premium as markets await Geneva talks, but easing tensions could revive bearishness and push prices lower
Written on February 16, 2026 at 4:09 pm, by davin
Oil prices are propped up by geopolitics, not fundamentals. Geneva talks and OPEC+ decisions could erase the risk premium, exposing surplus supply, rising inventories, and triggering a sharp decline. – vtmarketsmy.com
WTI crude stays below $63 as traders watch US-Iran talks, with prices holding within Friday’s range
Written on February 16, 2026 at 4:09 pm, by davin
WTI is stuck at $62–$63, awaiting US-Iran nuclear talks. Geopolitical tensions and possible OPEC+ output hikes cap gains, while surprise inventory draws support prices. Options traders eye breakout straddles. – vtmarketsmy.com
USD/JPY rises 0.54% to 153.60 as weak Japanese GDP and thin holiday liquidity lift the pair
Written on February 16, 2026 at 4:09 pm, by davin
USD/JPY rose to 153.60 on thin holiday liquidity. Weak Japan GDP hit the yen and delayed BOJ hikes. With wide US-Japan rate gaps, traders favor yield plays—hedge intervention risk. – vtmarketsmy.com
In Europe, sterling steadies near 1.3645 against the dollar as traders await UK December jobs data
Written on February 16, 2026 at 4:09 pm, by davin
GBP/USD hovered near 1.3645 awaiting UK jobs and inflation data. A year later, BoE rate cuts and softer wages contrast with stronger US inflation and delayed Fed easing, driving sterling lower. – vtmarketsmy.com
Eurozone industrial production beat forecasts month on month, falling 1.4% (seasonally adjusted) versus the expected 1.5% drop
Written on February 16, 2026 at 3:10 pm, by davin
Eurozone output dipped 1.4% in December, slightly better than forecasts—sparking brief relief. But weak PMI and sticky inflation keep ECB cautious, limiting rallies; traders eye cautious options plays. – vtmarketsmy.com
Geoff Yu expects the RBNZ to keep rates at 2.25%, but markets anticipate tightening amid persistent inflation pressures
Written on February 16, 2026 at 3:09 pm, by davin
RBNZ may hold rates at 2.25% but signal hikes as inflation stays high. A hawkish shift could lift an underheld NZD, boosting crosses; traders eye calls amid volatility. – vtmarketsmy.com
