Month: February 2026

The week of February 23–27, 2026 was defined by a heavy concentration of Eurozone data that shaped sentiment across EUR pairs throughout the trading sessions. Weaker readings from Monday’s Ifo Business Climate and Wednesday’s GfK Consumer Confidence kept the euro under pressure, while Friday’s broad set of regional German CPI prints delivered a mixed inflation picture. The US dollar saw its only meaningful catalyst on Thursday with the traditional Jobless Claims cluster, while AUD weakened following mixed inflation results. CAD gained support from stronger GDP growth, and both GBP and JPY traded without major domestic drivers. Overall, the week brought elevated volatility on EUR pairs and selective strength for USD and CAD.

The first week of February brings a heavily packed macroeconomic calendar across Europe, Switzerland, Australia, the United Kingdom, the United States, and Canada. Markets will be reacting to key releases on inflation, retail sales, unemployment, and central bank communications, while the Japanese yen remains without domestic catalysts and will follow global risk flows. This analysis outlines the sentiment outlook for major currency pairs for the week of February 2–6, 2026.