20 February 2026 – 08:41 Central Euro Time

Across the eight BEGOS Markets, just one is presently outside (below) its Neutral Zone for today: the Euro, as the Dollar’s firm February continues. Overall session volatility is again to this hour very light. Notably by Market Ranges, EDTRs are narrowing for the Euro, Swiss Franc, Gold, Silver and Copper. The yellow metal has spent the past three weeks flirting either side of the 5000 level, regardless remaining overvalued throughout both by its BEGOS valuation and Fair Value; too as anticipated, Gold’s 21-day linreg trend yesterday settled having rotated to negative; more of coure in tomorrow’s 849th consecutive Saturday edition of The Gold Update. The Econ Baro concludes its week with the revision to February’s UofM Sentiment Survey, the first peek at Q4 GDP, and Personal Income/Spending including the much FinMedia anticipated “Fed-Favoured” PCE data for December, which we sense is a bit of a non-event given we’ve already had January’s CPI.