Monthly Archives: June 2026
USD/IDR hits record near 18,037 as Middle East tensions and Fed outlook lift dollar demand
Written on June 3, 2026 at 7:17 pm, by davin
USD/IDR hit record 18,037 as Middle East tensions, strong dollar demand, and hawkish Fed pressured rupiah.
Australia Q1 GDP Matches RBA, but Data Centre Investment Masks Weak Demand and Falling Productivity
Written on June 3, 2026 at 6:48 pm, by davin
Australia’s Q1 GDP rose modestly, driven by data centres, as weak demand and sticky inflation constrain RBA.
Eurozone Composite PMI Beats Forecast but Stays in Contraction, Supporting Cautious ECB Rate Outlook
Written on June 3, 2026 at 6:47 pm, by davin
Eurozone composite PMI beat forecasts at 48.5, easing recession fears, supporting euro and equities, complicating ECB cuts.
Eurozone Services PMI Beats Forecast but Stays in Contraction, Bolstering ECB Rate-Cut Bets
Written on June 3, 2026 at 6:17 pm, by davin
Eurozone services PMI rose to 47.7 in May, still contracting; boosts ECB cut bets, bearish euro.
S&P 500 Hits Fresh Record as Nine-Day Rally Nears Longest Run Since 1995
Written on June 3, 2026 at 5:48 pm, by davin
S&P 500 hits record ninth straight gain; longest since 1995 looms, low volatility prompts hedging.
Spain’s Services PMI Edges into Growth, Boosting IBEX and Offering Modest Euro Support
Written on June 3, 2026 at 5:47 pm, by davin
Spain’s services PMI hit 50.1, beating forecasts, supporting euro and equities, reducing ECB cut odds.
GBP/USD stays range-bound as downside pressure builds; 1.3430 in focus, 1.3300 key break level
Written on June 3, 2026 at 5:18 pm, by davin
GBP/USD holds range; downside momentum builds toward 1.3430/1.3405 support, resistance 1.3470-1.3485; strategies favor options premium selling.
Rupee slides as oil rallies and foreign outflows mount; RBI seen leaning against dollar gains
Written on June 3, 2026 at 5:17 pm, by davin
Rupee slides to 95.77 as oil jumps above $93 and foreign outflows persist; RBI intervenes before policy.
UOB sees EUR/USD rangebound, downside momentum builds with 1.1590 support in focus
Written on June 3, 2026 at 4:48 pm, by davin
UOB keeps EUR/USD neutral at 1.1590–1.1685, watching 1.1605 support; downside momentum risks breaks below 1.1590.
Euro steadies near 0.8630 as Middle East tensions, oil and BoE-ECB divergence weigh on EUR/GBP
Written on June 3, 2026 at 4:47 pm, by davin
EUR/GBP hovers near 0.8630 as Middle East tensions and oil prices cap euro; UK data supports sterling.
