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Monthly Archives: July 2026

US Redbook growth cools to 7.8%, fuelling Treasury rally bets and dollar softness trades

Written on July 21, 2026 at 5:57 pm, by

US Redbook Index slowed to 7.8% YoY, signaling cooling retail demand, lower yields, weaker dollar, strategy shifts.

EUR/GBP Rises as UK Fiscal Jitters Weigh on Sterling; Options Traders Target 0.8700

Written on July 21, 2026 at 5:28 pm, by

EUR/GBP ticks up as UK fiscal doubts weigh on Pound; strong Euro ZEW data supports rebound bets.

NZD/USD Near Seven-Week High as New Zealand Q2 CPI Beats Forecasts, Boosting RBNZ Hike Bets

Written on July 21, 2026 at 5:27 pm, by

NZD/USD neared seven-week highs as Q2 CPI beat forecasts; RBNZ hike expectations and tightening bets rose.

Sterling Recovers as Burnham’s Fiscal Pledge Fails to Stem Long-Dated Gilt Sell-off

Written on July 21, 2026 at 4:58 pm, by

Sterling steadies, but long-dated gilt yields rise as Burnham pledges fiscal rules amid VAT cut uncertainty.

US ADP Four-Week Hiring Average Slips, Reinforcing Labour Market Cooling and Dovish Fed Bets

Written on July 21, 2026 at 4:57 pm, by

ADP four-week hiring average fell to 16.5K, cooling labor market; traders eye dovish Fed, hedge volatility.

Mexico Retail Sales Drop Spurs Banxico Cut Bets, Raising Peso and Consumer Equity Risks

Written on July 21, 2026 at 4:27 pm, by

Mexico’s May retail sales fell 0.6%, signaling weaker demand, pressuring Banxico, peso, and consumer equities.

Sterling Loses Momentum as UK Fiscal Flexibility Rattles Gilts, Banks Eye Range Trading

Written on July 21, 2026 at 3:59 pm, by

Sterling momentum fades as UK fiscal uncertainty rattles gilts; banks expect range-trading, favoring EUR/GBP rebound, GBP/USD consolidation.

GBP/USD Slides for Fourth Session as Bulls Eye 1.3400 Support on Rate Differential Tailwinds

Written on July 21, 2026 at 3:57 pm, by

GBP/USD dips near 1.3430 yet stays bullish; traders eye 1.3400 support, call spreads, tight risk controls.

Hungary’s Central Bank Set for Further Rate Cuts as Forint Stable and Global Pressures Build

Written on July 21, 2026 at 3:28 pm, by

NBH seen cutting 25bp to 5.75% as stable forint and global pressures shape easing expectations.

Sterling Holds Above 200-Day Average as Gilt Strain Persists Ahead of UK CPI Data

Written on July 21, 2026 at 2:59 pm, by

Sterling holds above 200-day average as Gilts wobble; markets await UK CPI and Chancellor Healey signals.

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