Monthly Archives: July 2026
Commerzbank Sees Hungary Central Bank Cutting Base Rate to 5.75% as Inflation Outlook Softens
Written on July 21, 2026 at 2:22 pm, by josephine
Commerzbank sees Hungary’s central bank cutting rates to 5.75% as inflation cools, despite weaker forint.
Euro edges above 1.1420 as ZEW sentiment lifts single currency ahead of ECB decision
Written on July 21, 2026 at 2:21 pm, by josephine
Euro rises above 1.1420 on strong ZEW sentiment; Iran ceasefire hopes weigh dollar ahead of ECB.
GBP/USD Drifts Near 1.3430 as Uptrend Holds, Traders Eye Key EMA Supports and Resistance Levels
Written on July 21, 2026 at 1:53 pm, by josephine
GBP/USD hovers near 1.3430 for fourth day, still bullish above key EMAs; resistance 1.3630, support 1.3426.
Germany’s ZEW Sentiment Jumps in July, Boosting Eurozone Outlook as Euro Holds Steady
Written on July 21, 2026 at 1:52 pm, by josephine
Germany and eurozone ZEW sentiment surged, beating forecasts; delayed euro strength, Bund yields up, DAX opportunities.
GBP/USD Seen Consolidating After Brief Spike, with Range Trade Favoured Amid Low Volatility
Written on July 21, 2026 at 1:22 pm, by josephine
GBP/USD turns range-bound; expected 1.3400–1.3460 near-term, 1.3385–1.3495 weeks; favor option-selling, tight stops.
Eurozone ZEW Sentiment Jumps to 23.4, Beating Forecasts and Shifting ECB Rate Expectations
Written on July 21, 2026 at 1:21 pm, by josephine
Eurozone ZEW sentiment surged to 23.4 in July, beating forecasts, boosting euro, yields, and equities outlook.
US index futures rise as Iran de-escalation talk trims safe-haven demand; earnings in focus
Written on July 21, 2026 at 12:52 pm, by josephine
US futures rise on de-escalation hopes; traders brace for volatility with straddles, puts, VIX calls, spreads.
Gold stays near one-week high as weaker dollar offsets hawkish Fed expectations and Middle East risks
Written on July 21, 2026 at 12:52 pm, by josephine
Gold nears one-week high on softer dollar, but hawkish Fed, Middle East risks cap gains below $4,100.
Indian Rupee Near Record Low as RBI Steps Up Intervention and Inflows Counter Oil Shock
Written on July 21, 2026 at 12:23 pm, by josephine
Rupee nears record low as oil tops $90; RBI intervenes and inflows exceed $20bn, suppressing volatility.
USD/CAD slips from one-week high as oil props loonie and Fed-BOC divergence persists
Written on July 21, 2026 at 12:21 pm, by josephine
USD/CAD slips from one-week high as oil supports CAD; traders urged caution, favor range-bound option strategies.
