Monthly Archives: February 2026
The USD/CNY reference rate is established at 6.9533, lower than the earlier 6.9608
Written on February 4, 2026 at 3:32 pm, by
PBoC sets USD/CNY reference rate lower than prior, above estimates, impacting loans, savings, and exchange rate.
The EUR/USD exchange rate hovers above 1.1800 as traders anticipate upcoming Eurozone and US statistics
Written on February 4, 2026 at 3:04 pm, by
EUR/USD steadies near 1.1815 as traders await Eurozone inflation data and key U.S. economic reports.
Amidst political instability in Japan, the US Dollar rises to approximately 155.85 against the Yen
Written on February 4, 2026 at 3:03 pm, by
USD/JPY rises as Japan’s political uncertainty and fiscal changes weaken Yen; US Fed shift boosts Dollar.
The Services PMI for Japan’s Jibun Bank recorded 53.7, exceeding predictions of 53.4
Written on February 4, 2026 at 2:33 pm, by
Japan’s services sector shows strong expansion in January, with PMI rising to 53.7, beating expectations.
XAU/USD rises to nearly $4,985 amid increasing safe-haven demand from US-Iran tensions
Written on February 4, 2026 at 2:32 pm, by
Gold rises to $4,985 amid Middle East tensions, Fed policy speculation, and safe-haven demand increase.
Amid US Dollar weakness, the NZD/USD pair remains elevated around 0.6050 after employment data
Written on February 4, 2026 at 2:04 pm, by
NZD/USD holds near 0.6050 amid US Dollar weakness, rising NZ unemployment, and Chinese growth concerns.
Ahead of the Bank of England’s decision, Pound Sterling fluctuates slightly against the US Dollar near 1.3700
Written on February 4, 2026 at 2:02 pm, by
GBP/USD nears 1.3700 as BoE decision looms; strong UK data tempers expectations for immediate rate cuts.
The GDT Price Index in New Zealand increased to 6.7%, rising from 1.5%
Written on February 4, 2026 at 1:33 pm, by
Gold climbs above $5,000; GDT index rises; equities dip as tech stocks fall; FXStreet warns investors.
OCBC Bank analysts suggest a controlled appreciation trend for the Yuan amidst increasing acceptance of its strength
Written on February 4, 2026 at 1:32 pm, by
OCBC signals controlled RMB strength as authorities aim for gradual appreciation and market stability without disruption.
In January, the S&P Global Services PMI for Australia increased from 56 to 56.3
Written on February 4, 2026 at 1:02 pm, by
Australia’s services sector grew modestly in January, with PMI rising to 56.3, signaling positive momentum.
