Monthly Archives: February 2026
Rabobank’s Jane Foley says tariff uncertainty boosts the Swiss franc, strengthening its G10 safe-haven position amid SNB dilemmas
Written on February 24, 2026 at 3:11 am, by
Rabobank says tariff uncertainty boosted Swiss franc; SNB negative rates unlikely; intervention possible; EUR/CHF forecast cut.
In London, futures diverge: S&P leads above CP/POC, Dow below pivot, Nasdaq probes lower-gate support

Written on February 24, 2026 at 2:42 am, by
London futures mixed pre-New York: ES above CP/POC, YM below CP, Nasdaq below CP near lower-gate support.
MUFG’s Derek Halpenny says Takaichi’s priorities and reduced supplementary budgets back gradual Bank of Japan tightening

Written on February 24, 2026 at 2:41 am, by
MUFG says Takaichi’s fiscal shift may aid BoJ normalisation, boosting April hike odds to 70%.
EUR/GBP remains range-bound, capped near 0.8750, as investors await Eurozone CPI and German GDP data

Written on February 24, 2026 at 2:12 am, by
EUR/GBP hovered near 0.8736, capped below 0.8750, as markets awaited Eurozone inflation and GDP.
Bhargava says Asia gains overall as US shifts from reciprocal IEEPA tariffs to flat Section 122 surcharge

Written on February 24, 2026 at 2:11 am, by
US replaced reciprocal IEEPA tariffs with flat Section 122 surcharge; 15% rate cuts Asian exporters’ burdens.
Safe-haven demand lifts silver near $86.50, rising 2.35% amid US trade uncertainty and Iran tensions
Written on February 24, 2026 at 1:41 am, by
Silver rises near $86.50 as safe-haven demand grows amid US tariff turmoil, weaker dollar, Fed cuts, Mideast tensions.
Sterling weakens versus major peers as BoE’s Alan Taylor signals dovish rate views during European trading session

Written on February 24, 2026 at 1:12 am, by
Sterling slipped after BoE’s Alan Taylor signaled more rate cuts, citing easing inflation and growth concerns.
Taylor says UK services inflation eased slower than desired, though progress towards normalisation remains reasonably paced

Written on February 24, 2026 at 1:11 am, by
BoE’s Taylor: UK services inflation cooling slowly; mildly worrying. Expects normalization; 2–3 rate cuts left.
BBH’s Elias Haddad says NZD/USD holds under 0.6000 as Q4 retail volumes beat forecasts, lifted by discretionary spending

Written on February 24, 2026 at 12:42 am, by
NZD/USD held below 0.6000 as New Zealand Q4 retail sales beat forecasts; rate-hike repricing remained limited.
From Elliott Wave view, MAGS may correct its cycle since April 2025 low, tracking seven tech giants

Written on February 24, 2026 at 12:41 am, by
MAGS tracks seven tech giants equally; after wave I to $69.14, a corrective pullback targets support above $39.