Monthly Archives: June 2026
Canadian Dollar Stays Soft as Rate Gap Keeps USD/CAD Elevated, Upside Seen Capped in Mid-1.38s
Written on June 3, 2026 at 8:57 pm, by josephine
Canadian dollar stays soft; USD/CAD near 1.3850 as rate divergence supports greenback, upside capped mid-1.38s.
SpaceX IPO Talk Pitches Scarcity Premium as $1.75tn Valuation Stretches Conventional Metrics
Written on June 3, 2026 at 8:57 pm, by josephine
SpaceX’s mooted IPO pitches scarcity over fundamentals, implying $1.75T valuation, lofty multiples, losses, and options-driven volatility.
EIA data show US crude stocks plunge nearly 8 million barrels, boosting WTI bullish bets
Written on June 3, 2026 at 7:57 pm, by josephine
EIA data showed crude inventories fell 7.974 million barrels, far exceeding expectations, signaling strong demand and bullish prices.
Gold slides as robust US data and Middle East tensions lift dollar, cementing higher-for-longer rates
Written on June 3, 2026 at 7:27 pm, by josephine
Gold slips as strong US data, Middle East tensions lift dollar, yields; traders eye payrolls, bearish strategies.
Dollar-yen returns to 160 as record Japan intervention fades, BoJ hike bets intensify
Written on June 3, 2026 at 7:27 pm, by josephine
USD/JPY rebounds to 160, shrugging record Japanese intervention as higher US yields, oil risks, and BoJ hike bets rise.
New York Fed’s Williams flags energy-led inflation as rates stay steady and dollar edges higher
Written on June 3, 2026 at 6:57 pm, by josephine
Williams: energy and AI-linked costs lift inflation; economy grows 2%; Fed holds rates; dollar firms.
USD/CHF holds near 0.7900 as firm US jobs data and Middle East tensions lift dollar
Written on June 3, 2026 at 6:57 pm, by josephine
USD/CHF nears 0.7900 as strong US jobs data, Middle East tensions boost dollar; NFP, SNB CPI watched.
US ISM services PMI beats forecasts as prices strengthen and employment contracts, challenging Fed easing hopes
Written on June 3, 2026 at 6:27 pm, by josephine
US services growth strengthened in May; ISM rose to 54.5, prices climbed, employment weakened, complicating Fed outlook.
Eurozone Real Rates Edge Higher as Fiscal Expansion and Bond Supply Lift Long-Term Yields
Written on June 3, 2026 at 6:27 pm, by josephine
Eurozone real rates rise as fiscal expansion and ECB QT boost bond supply, lifting term premia.
ISM services new orders jump signals robust US demand, challenging Fed rate-cut expectations
Written on June 3, 2026 at 5:57 pm, by josephine
ISM services new orders surged in May, signaling robust demand, complicating Fed cuts, lifting yields, boosting volatility.
