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.

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.