Monthly Archives: August 2026
EUR/GBP slips towards 0.8550 as ZEW boost fades and UK CPI looms

Written on August 18, 2026 at 11:20 pm, by josephine
EUR/GBP eased toward 0.8550 as upbeat ZEW sentiment failed to offset mixed UK labour and CPI focus.
NZD/USD slips towards 0.5880 as Iran tensions lift dollar, markets eye Fed minutes

Written on August 18, 2026 at 11:19 pm, by josephine
NZD/USD slips to 0.5880 on US-Iran tensions; Fed hike odds fall; RBNZ outlook uncertain.
Sterling Steadies as Middle East Risk Offsets Soft US Data Ahead of UK CPI and Fed Minutes

Written on August 18, 2026 at 9:20 pm, by josephine
GBP/USD held near 1.3547 as Middle East tensions offset softer US data and UK CPI focus.
TD Securities sees Brent staying above $90 on tight supply, Hormuz risks and low product stocks

Written on August 18, 2026 at 9:19 pm, by josephine
TD Securities sees tight oil markets keeping Brent elevated, with Hormuz risks, deficits, and bullish options strategies.
Scotiabank sees USD/CAD near 1.3870, with bearish bias as spreads narrow and oil supports loonie

Written on August 18, 2026 at 8:19 pm, by josephine
Scotiabank sees USD/CAD near 1.3870 equilibrium but bearish, favoring CAD strength; targets 1.3817, then 1.35–1.37.
US Pending Home Sales Fall 2.2% in July, Boosting Fed Rate-Cut Bets and Bond Demand

Written on August 18, 2026 at 7:19 pm, by josephine
Pending home sales fell 2.2% YoY in July, boosting Fed cut bets; favor long Treasuries, short USD.
Equinor shares hit record highs as buybacks and Elliott Wave breakout point to $68–$76 target

Written on August 18, 2026 at 6:20 pm, by josephine
Equinor hits new highs on strong cash flow; Elliott Wave suggests pullback, then long-term $68–76 target.
Gold steadies near $4,400 as rising US yields fail to dent safe-haven demand amid fiscal worries

Written on August 18, 2026 at 6:19 pm, by josephine
Gold holds near $4,400 despite rising yields, as fiscal, inflation fears and renewed ETF inflows boost demand.
Sterling slides as UK jobs data softens, GBP/USD tests 1.3520 support

Written on August 18, 2026 at 5:19 pm, by josephine
Sterling dips as UK jobs data softens; GBP/USD tests 1.3520 support amid bearish, volatility-focused strategies.
Gold steadies as softer US data supports rate pause, but Middle East oil risks cap upside

Written on August 18, 2026 at 5:19 pm, by josephine
Gold supported by steady Fed outlook and weaker dollar, but oil risks cap upside; range-bound forecast.