Monthly Archives: February 2026
Driven by Canadian Dollar gains, USD/CAD declines for a third session, trading below 50- and 200-day EMAs

Written on February 11, 2026 at 6:03 am, by
USD/CAD stays bearish below key EMAs, nearing 1.3481 support; weak US data boosts Canadian dollar.
Bessent says US could work productively with China, while Trump’s administration anticipates partnership with Venezuela too
Written on February 11, 2026 at 6:02 am, by
Treasury Secretary Bessent says US-China ties are comfortable; highlights Venezuela partnership, Fed vigilance, optimism on Iran, Ukraine.
Gold prices hover near $5,000, sustaining an uptrend above 50-day and 200-day EMAs, reinforcing bullish momentum

Written on February 11, 2026 at 5:33 am, by
Gold slips after early rise; trend intact above key EMAs, with 5,000 support and 5,100 resistance.
Howard Lutnick, US Treasury Secretary, shared policy and trade remarks while forecasting 6% first-quarter growth

Written on February 11, 2026 at 5:32 am, by
Treasury Secretary Lutnick forecasts strong GDP growth, supports AI chip demand, cites dollar manipulation, and predicts manufacturing jobs surge.
After Monday’s 8% surge, silver trades lower, facing consolidation below $90 amid extreme volatility

Written on February 11, 2026 at 5:03 am, by
Silver drops 3.5% to $80.96 after profit-taking; volatility persists, support $78.90, resistance $90.00 ahead.
Sterling steadies under 1.3700, dipping 0.2% to 1.3660 as poor US data eases dollar losses

Written on February 11, 2026 at 5:02 am, by
GBP/USD slips to 1.3660 as weak US data, UK politics keep pair range-bound ahead of NFP.
Danske Bank says eurozone GDP rose 0.3% in Q4 2025, beating ECB forecasts, led by Germany, Spain, Italy

Written on February 11, 2026 at 4:33 am, by
Eurozone Q4 GDP beat forecasts; inflation fell below target, energy dragged prices, ECB seen holding rates.
Elliott Wave analysis indicates Pan American Silver may rise further, a leading silver producer across the Americas

Written on February 11, 2026 at 4:32 am, by
Pan American Silver shows Elliott Wave uptrend; key supports at $5.70 and $22.08 as pullbacks correct.
Vertiv Holdings, NYSE-listed as VRT, supplies critical infrastructure services for data centres, networks, industry, targeting 215.50–232.10 zone
Written on February 11, 2026 at 4:03 am, by
Vertiv (VRT) bullish Elliott Wave projects $215.50–$232.10 wave I target, then corrective pullback afterward.
Nordea’s Helge Pedersen says Denmark’s inflation fell to 0.8% yearly after reduced electricity tax, aiding households

Written on February 11, 2026 at 4:02 am, by
Denmark’s inflation dropped to 0.8% in January after electricity tax cuts, while service prices rose.