February 20, 2026 2:38 pm
Key Moments GBP/JPY trades near 209.23, holding within a 207.50-209.50 range over a little more than one week. UK January Retail Sales and PMI readings significantly exceed forecasts, supporting the Pound. Japan’s January CPI and core inflation slow, easing expectations for imminent BoJ tightening and pressuring the Yen. GBP/JPY Supported by Robust UK Data GBP/JPY […]
Read moreFebruary 20, 2026 2:17 pm
Key Moments January labor market figures kept pressure on the Reserve Bank of Australia to consider higher rates, underpinning the Australian Dollar. Australia’s unemployment rate held around 4.1% in January, below the RBA’s February projection of 4.3% for 2Q26. OCBC continues to expect AUD/USD to reach 0.73 by end-2026, with OIS markets pricing nearly a […]
Read moreFebruary 20, 2026 1:39 pm
Key Moments EUR/GBP trades near 0.8733, down about 0.13%, even as the pair remains poised for a third consecutive weekly gain. UK Retail Sales and PMI readings significantly outperformed forecasts, reinforcing support for the British Pound. Eurozone HCOB flash PMI data also exceeded expectations but did not translate into sustained strength for the Euro. EUR/GBP […]
Read moreFebruary 20, 2026 12:49 pm
Key Moments The US dollar is gaining against major currencies as strong US data and US-Iran tensions support demand. The Indian Rupee, despite recent support from a US-India trade deal and easing tariff concerns, is resuming its broader downtrend. USDINR has broken above resistance near 91.00, with buyers eyeing 93.00 while monitoring US data and […]
Read moreFebruary 20, 2026 10:24 am
Key Moments USD/CHF rises 0.15% to around 0.7765 during the European session, reaching a fresh weekly high. FOMC Minutes show policymakers see no urgency to cut rates, as US inflation remains above 2%. US-Iran tensions boost safe-haven demand for the Swiss Franc, limiting USD gains. USD/CHF Supported by Firm Dollar, Fed Minutes The USD/CHF pair […]
Read moreFebruary 20, 2026 9:57 am
Key Moments GBP/USD registered a fifth straight daily loss, touching 1.3445 as the downtrend persisted. Headline UK inflation slowed to 3.0% in January, but services inflation held at 4.4%, above expectations and indicative of firm domestic price pressures. Markets currently price an approximately 85% probability of a 25bp Bank of England rate cut next month, […]
Read moreFebruary 20, 2026 8:52 am
Key Moments: USD/JPY trades around 155.35-155.40 after a third consecutive day of gains, marking a more than one-week high. Softening Japanese inflation and fiscal concerns weigh on JPY, while a strong USD near its highest level since January 23 supports the pair. Technical signals highlight support near the rising 200-day EMA at 152.63 and resistance […]
Read moreFebruary 20, 2026 8:14 am
Key Moments NZD/USD traded around 0.5950 during Asian hours on Friday after giving back part of its prior-session advance. The pair is fluctuating between the rising 50-day EMA at 0.5911 and the nine-day EMA at 0.5998, highlighting a shallow corrective phase. A move below 0.5911 could open the way toward 0.5580, while a break above […]
Read moreFebruary 20, 2026 7:50 am
Key Moments EUR/USD has traded back below 1.18, leaving the Euro only slightly stronger against the Dollar over the year. Options markets continue to show a persistent post-“Liberation Day” preference for hedging against Euro strength rather than Dollar strength. Commerzbank expects market participants to keep expressing Dollar concerns primarily through EUR options in the coming […]
Read moreFebruary 20, 2026 7:02 am
Key Moments Bitcoin (BTC) has been confined between $65,729 and $71,746 since February 7, with momentum indicators signaling rising bearish pressure despite a lingering bullish MACD crossover. Ethereum (ETH) is moving toward the lower end of its consolidation band at $1,747, with a potential slide to $1,669 if support fails. XRP is holding above a […]
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