Monthly Archives: June 2026
Dollar firms as JOLTS beats forecasts; euro subdued, yen weak and gold steady under higher yields
Written on June 3, 2026 at 3:27 am, by josephine
Dollar firms on strong jobs data; EUR pressured, yen weak; gold flat, oil range-bound amid mixed demand.
MUFG Sees AI-Led Chip Exports Supporting Asia, Keeping Bank of Korea Hawkish on Sticky Rates
Written on June 3, 2026 at 2:27 am, by josephine
MUFG: AI semiconductor exports and hawkish Bank of Korea support KRW, offset Hormuz risks; USD/KRW targets 1400.
Argentina’s May tax receipts jump to 21.5 trillion pesos, bolstering fiscal outlook and asset appeal
Written on June 3, 2026 at 2:27 am, by josephine
Argentina’s May tax revenue jumped to 21.5 trillion pesos, reinforcing fiscal improvements and supporting bullish Argentina trades.
USD/CHF Climbs as Risk Appetite Improves, Eyes 0.7900 Break on Fed–SNB Policy Divergence
Written on June 3, 2026 at 1:57 am, by josephine
USD/CHF rises as risk appetite improves; clears 50-day SMA. Break 0.7900 targets 0.7958-0.8000; downside 0.7830.
Gold Holds $4,500 as Descending Triangle, Higher Yields and Dollar Raise Downside Risk
Written on June 3, 2026 at 1:27 am, by josephine
Gold consolidates near $4,500 as descending triangle, stronger dollar, and higher yields raise breakdown risk.
Sterling Gains as Ceasefire Eases Risk, OCBC Turns Neutral and Sees Lower GBP Volatility
Written on June 3, 2026 at 1:27 am, by josephine
Sterling rebounds to 1.3470 as ceasefire optimism and lower oil cut volatility; OCBC turns neutral.
Gold hovers near $4,500 as firmer dollar and strong JOLTS data curb haven demand
Written on June 3, 2026 at 12:57 am, by josephine
Gold steadied near $4,500 as dollar firmed; strong JOLTS boosts hawkish Fed bets, favoring bearish options.
Won, Rupiah Stay Under Pressure as Inflation Rises and Dollar Strength Trumps Local Policy
Written on June 3, 2026 at 12:57 am, by josephine
Won, rupiah weaken despite rising inflation and rate hikes, as strong dollar, yields drive option-based volatility trades.
USD/SGD holds range as firm dollar meets MAS NEER stance, upside capped near 1.2810
Written on June 2, 2026 at 11:57 pm, by josephine
USD/SGD ends near 1.2788, range-bound as firm USD meets MAS NEER; resistance 1.2800 caps upside.
Standard Chartered sees China’s PBoC shifting liquidity operations towards DR001, foreshadowing overnight rate anchor
Written on June 2, 2026 at 11:57 pm, by josephine
Standard Chartered: PBoC shifts focus to DR001, anchoring overnight rates and paving way for overnight policy.