Brazil IPCA Inflation came in at 0.33%, above expectations (0.32%) in January

Feb 10, 2026

EUR/GBP: Upside risks prevail on UK politics – ING

ING analysts Chris Turner and Francesco Pesole note that a previous Sterling short squeeze had pushed EUR/GBP near 0.86, but UK politics and the Bank of England have turned the bias higher. Further pressure on Prime Minister Starmer around upcoming elections could hurt Sterling and Gilts.

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Feb 10, 2026

Gold holds firm but lacks follow-through ahead of key US economic releases

Gold (XAU/USD) struggles for direction on Tuesday, with overall trading activity subdued in the absence of fresh market-moving catalysts. At the time of writing, XAU/USD trades around $5,050, holding firm after briefly slipping below the $5,000 psychological level during the early Asian session.

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Brazil IPCA Inflation came in at 0.33%, above expectations (0.32%) in January

EUR/GBP: Upside risks prevail on UK politics – ING

Gold holds firm but lacks follow-through ahead of key US economic releases