Monthly Archives: July 2026
Brazil Industrial Output Shrinks in May, Undermining Recovery Hopes and Pressuring Real and Equities

Written on July 3, 2026 at 5:25 pm, by josephine
Brazil industrial output fell 0.2% in May, missing forecasts, reviving growth fears and pressuring equities, real.
EUR/USD edges higher as weak US payrolls dent Fed hike bets, eyes 1.1500 barrier

Written on July 3, 2026 at 5:00 pm, by josephine
EUR/USD edges higher on weak US jobs, but 1.1475–1.1500 resistance caps gains; Eurozone PMIs support.
TD Securities sees US services cooling as softer payrolls curb dollar longs and 2026 hike bets

Written on July 3, 2026 at 4:59 pm, by josephine
TD sees ISM services cooling to 54.0; weaker jobs, easing prices, softer USD, fewer 2026 hikes.
USD/JPY Skids Below 161 on Suspected Japan Intervention, Rebound Faces 162.45 Resistance

Written on July 3, 2026 at 4:27 pm, by josephine
USD/JPY broke 161.80 support, briefly hit 160.62, rebounded; intervention fears and oversold conditions cap gains.
India’s FX reserves slip $5.66bn as RBI reportedly leans against rupee weakness near 85

Written on July 3, 2026 at 4:25 pm, by josephine
India’s forex reserves fell $5.66bn to $666.93bn, signaling RBI intervention to cap USD/INR.
Wells Fargo Sees Canada Jobs Market Stabilising as Bank of Canada Holds, Keeping USD/CAD Range-Bound

Written on July 3, 2026 at 3:56 pm, by josephine
Canada’s labour market is soft but stabilising; BoC likely on hold, keeping USD/CAD range-bound, volatility low.
Gold rebounds from $3,900 support but faces $4,300 trendline and looming moving-average resistance

Written on July 3, 2026 at 3:55 pm, by josephine
Gold rebounds from $3,900 support but faces $4,300 trendline and stiff 50/200-DMA resistance ahead.
Softer US jobs data drags dollar lower, lifts yen as Fed hike bets ease

Written on July 3, 2026 at 3:25 pm, by josephine
Softer US jobs data reduced Fed hike bets, pushing dollar down, lifting yen amid intervention speculation.
Yen rebounds as soft US payrolls and intervention talk curb USD/JPY upside amid thin liquidity

Written on July 3, 2026 at 2:57 pm, by josephine
Yen rebounds from 40-year lows as weak US payrolls and suspected Japan intervention spark USD/JPY volatility.
MUFG sees soft US jobs data forcing Fed repricing as dollar rally set to retrace

Written on July 3, 2026 at 2:55 pm, by josephine
MUFG says weak US jobs data could shift Fed expectations from hikes to cuts, pressuring dollar.