Monthly Archives: July 2026
Gold Edges Higher as Middle East Tensions Support $4,000, Fed Rate Outlook Caps Upside
Written on July 21, 2026 at 5:52 pm, by josephine
Gold edged higher near $4,060 as Middle East tensions supported $4,000, but Fed-tightness capped gains.
US Redbook growth cools to 7.8%, fuelling Treasury rally bets and dollar softness trades
Written on July 21, 2026 at 5:51 pm, by josephine
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 5:22 pm, by josephine
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 5:21 pm, by josephine
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 4:52 pm, by josephine
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 4:51 pm, by josephine
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 4:22 pm, by josephine
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 3:53 pm, by josephine
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 3:51 pm, by josephine
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 3:22 pm, by josephine
NBH seen cutting 25bp to 5.75% as stable forint and global pressures shape easing expectations.
