Monthly Archives: February 2026
Pudgy Penguins’ (PENGU) steep decline of over 44% has attracted widespread attention from traders
Written on February 4, 2026 at 6:02 am, by
PENGU holds support despite 44% drop, but breaking key trendline could signal deeper market decline.
In February, the Economic Optimism index for the US reached 48.8, exceeding the forecast of 47.9
Written on February 4, 2026 at 5:34 am, by
Economic optimism rises; US dollar weakens; gold nears $5,000; crypto struggles; broker discussions intensify.
After experiencing a decline, DraftKings encounters a crucial support structure around the $28 mark
Written on February 4, 2026 at 5:04 am, by
DraftKings nears key support levels; traders eye $26.23 and $24.22 for potential rebound entry points.
In Hong Kong, China’s AI companies are thriving with MiniMax’s impressive IPO performance energising investor sentiment
Written on February 4, 2026 at 5:02 am, by
China’s AI startups surge in Hong Kong IPOs despite losses, driven by global demand and supportive policies.
Scotiabank’s analysis reveals the CAD is trading near fair value, approximately 1.3679 in the 1.36s
Written on February 4, 2026 at 4:33 am, by
Canadian Dollar trades near fair value at 1.3679, driven by stable oil and metal prices.
A technical rebound sees WTI oil price rising to approximately $62.45, maintaining a positive outlook
Written on February 4, 2026 at 4:32 am, by
WTI Crude rebounds to $62.45 as US-Iran tensions ease; technical indicators suggest bullish momentum continues.
According to Pooja Kumra, GBP spreads have widened across the curve, especially in the belly
Written on February 4, 2026 at 4:03 am, by
GBP spreads rise on favorable policies; market eyes BoE cuts as supply drops through 2026/27.
The year-on-year Redbook Index for the United States decreased to 6.7% from 7.1%
Written on February 4, 2026 at 4:02 am, by
Redbook Index rose 6.7% year-on-year, down from 7.1%, indicating changing consumer spending trends.
The Dollar is viewed favourably due to robust economic indicators, particularly a surprising rise in manufacturing
Written on February 4, 2026 at 3:33 am, by
Strong ISM data boosts US Dollar; rising yields reduce rate cut expectations, supporting Dollar Index growth.
Caution surrounds EUR/GBP at approximately 0.8630, remaining close to a five-month low while awaiting central bank decisions
Written on February 4, 2026 at 3:32 am, by
EUR/GBP holds near 0.8630 as markets await ECB and BoE policy decisions amid inflation concerns.
