Monthly Archives: February 2026
Despite upbeat US employment figures, gold stays above $5,000, rebounding towards $5,070 after dipping to $5,018

Written on February 12, 2026 at 3:33 am, by
Gold holds above $5,000 after jobs data; payrolls, wages firm; markets still expect two Fed cuts.
Sterling recovered versus the dollar, yet rejected above 1.3700, retreating near 1.3680 from weekly highs

Written on February 12, 2026 at 3:32 am, by
Pound slips from 1.3700 highs to 1.3680 as UK politics weigh; markets await delayed US payrolls.
Despite inflation briefly nearing 1%, Pesole expects the Riksbank to hold rates until 2026, supporting krona

Written on February 12, 2026 at 3:03 am, by
ING sees Sweden’s Riksbank holding rates through 2026 despite CPIF dipping to 1%, supporting krona stability.
Following upbeat US employment figures, EUR/USD briefly weakened as reduced Fed cut expectations supported the Dollar

Written on February 12, 2026 at 3:02 am, by
EUR/USD slid as upbeat US payrolls strengthened the dollar, while markets priced steady Fed rates.
London formed balanced TPO value near POC; New York’s retest decides upward migration or rotation lower structure

Written on February 12, 2026 at 2:33 am, by
ES futures stayed balanced in London, rotating around ~6,975 POC between 6,979.50/6,958 gates; NY open pivotal.
TD Securities expects the Bank of Canada deliberations summary to provide more nuanced guidance than January’s cautionary tone

Written on February 12, 2026 at 2:32 am, by
TD Securities expects Bank of Canada minutes to add nuance, citing uneven data, softer core inflation, policy limits.
WTI trades near $65.15, rising 1.53%, lifted by Middle East supply worries despite US stockpile constraints
Written on February 12, 2026 at 2:03 am, by
WTI rebounds to $65.15 amid Middle East supply fears, offset by massive US inventory build concerns.
Rabobank’s Jane Foley says Starmer-led political uncertainty restrains Sterling; EUR/GBP stays near 0.8700; GBP weakest G10 five-day view

Written on February 12, 2026 at 2:02 am, by
Sterling weakened by Starmer uncertainty; Rabobank sees EUR/GBP 0.86–0.87 near-term, rising to 0.89.
US average hourly earnings grew 3.7% year-on-year, exceeding the expected 3.6% reading in January

Written on February 12, 2026 at 1:32 am, by
US average hourly earnings rose 3.7% in January, beating expectations by 0.1 percentage points, signalling stronger wage growth.
In January, America’s jobless rate came in at 4.3%, slightly under the expected 4.4% estimate

Written on February 12, 2026 at 1:32 am, by
U.S. unemployment held at 4.3% in January, coming in slightly below economists’ 4.4% forecast.