Monthly Archives: June 2026
EIA data shows US crude inventories fall 8.3m barrels, bolstering summer oil price outlook
Written on June 17, 2026 at 11:09 pm, by josephine
EIA reports 8.262m-barrel crude draw, beating forecasts; demand strong, OPEC+ cuts tighten supply, supporting higher oil prices.
NZD/USD Slips as Fed Decision Looms, RBNZ Hike Expectations Offer Support
Written on June 17, 2026 at 10:39 pm, by josephine
NZD/USD dips to 0.5820 pre-Fed; mixed NZ data, RBNZ hike bets support, volatility strategies emphasized.
US pending home sales growth accelerates in May, underpinning higher-for-longer Fed rate outlook
Written on June 17, 2026 at 10:39 pm, by josephine
May pending home sales grew 4.8%, signaling stronger housing demand, delaying Fed cuts, boosting yields, homebuilders.
US Business Inventories Rise 0.5% in April, Supporting Steady Stockbuilding and Fed Patience
Written on June 17, 2026 at 9:39 pm, by josephine
US inventories rose 0.5% in April, meeting forecasts; sales softened, boosting hedging focus and CPI-driven volatility.
BoJ Rate Rise Fails to Lift Yen as USD/JPY Hinges on Fed Signals and Intervention Risk
Written on June 17, 2026 at 9:10 pm, by josephine
BoJ’s expected hike to 1.0% failed to support yen; USD/JPY hinges on Fed outlook and intervention risk.
ECB’s Sleijpen flags second-round inflation risks, investors eye rate volatility, oil straddles and euro calls
Written on June 17, 2026 at 9:09 pm, by josephine
ECB’s Sleijpen sees lower odds of 2022 inflation spike, but warns wage-driven pressures requiring higher-for-longer rates.
Tesla broadens beyond EVs as Elliott Wave pullback sets stage for $774 target
Written on June 17, 2026 at 8:40 pm, by josephine
Tesla broadens beyond EVs into AI, autonomy, energy, and robotics as Elliott Wave setup targets $774.
USD/CAD Holds Near 1.40 as Oil Slide Weighs on Loonie Ahead of Fed Decision
Written on June 17, 2026 at 8:39 pm, by josephine
USD/CAD stays near 1.40 as oil weakness hurts CAD; traders await Fed signals for further upside.
ABN AMRO Sees Fed Rate Cuts From September, Guiding Modest Dollar Weakness Amid Two-Sided Risks
Written on June 17, 2026 at 8:10 pm, by josephine
ABN AMRO sees September Fed cuts, gradual easing, and moderating growth driving modest dollar depreciation amid risks.
Sterling Slides to Weekly Low as Softer UK Inflation Bolsters BoE Rate-Hold Bets
Written on June 17, 2026 at 8:09 pm, by josephine
Softer UK inflation pushed GBP/USD to weekly lows, boosting expectations the Bank of England holds rates, limiting upside.
