Monthly Archives: February 2026
The US preliminary February S&P Global PMI releases at 14:45 GMT, potentially shifting EUR/USD volatility

Written on February 20, 2026 at 11:13 pm, by
US February flash PMIs due Friday; forecasts rise. EUR/USD near 1.1766 support; EMA break targets 1.1927.
Buoyant UK sales and PMI lift sterling, pushing EUR/GBP down despite stronger Eurozone PMI providing support

Written on February 20, 2026 at 11:11 pm, by
EUR/GBP slips as strong UK retail sales and PMIs boost Sterling, while Eurozone PMI offers limited support.
Commerzbank’s Baur says Australia’s strong jobs, 4.1% unemployment, are tempered by weak wage growth, limiting AUD gains

Written on February 20, 2026 at 10:43 pm, by
Australia’s job market stays firm; weak wage growth persists; inflation steady; one more RBA hike expected, limiting AUD gains.
ING’s Warren Patterson and Ewa Manthey say gold hovers near 5,000/oz, with further upside risks amid geopolitical reassessment

Written on February 20, 2026 at 10:42 pm, by
Gold trades near $5,000 as geopolitical risk, US-Iran talks uncertainty and rate-cut bets support demand.
ING’s Warren Patterson and Ewa Manthey say gold hovers near 5,000/oz, with further upside risks amid geopolitical reassessment

Written on February 20, 2026 at 10:41 pm, by
Gold trades near $5,000 as geopolitical risk, US-Iran talks uncertainty and rate-cut bets support demand.
During India’s afternoon session, the rupee stayed lower versus the dollar after a weak open, amid FII selling and higher oil prices

Written on February 20, 2026 at 10:12 pm, by
Rupee weakens near 91.20 as oil rises, foreign outflows persist, RBI intervenes, and dollar firms.
S&P Global’s UK Services PMI reached 53.9 in February, exceeding forecasts of 53.6, according to data

Written on February 20, 2026 at 10:11 pm, by
UK services expanded in February as S&P Global Services PMI rose to 53.9, beating 53.6 forecast.
UK S&P Global Manufacturing PMI exceeded expectations, reaching 52 versus 51.8 forecast, during February reporting

Written on February 20, 2026 at 9:41 pm, by
UK S&P Global Manufacturing PMI rose to 52 in February, beating forecasts and signalling expansion in activity.
February sees UK S&P Global Composite PMI reach 53.9, beating forecasts of 53.4 according to data

Written on February 20, 2026 at 9:41 pm, by
UK S&P Global Composite PMI rose to 53.9 in February, beating forecasts, signaling continued expansion in business activity.
Greece’s year-on-year current account deficit widened to €3.862B from €2.078B in December

Written on February 20, 2026 at 9:12 pm, by
Greece’s year-on-year current account deficit widened in December, falling to -€3.862B from -€2.078B previously.