Monthly Archives: July 2026
Gold drops below $4,050 as Dollar climbs on oil-led inflation fears and firmer rate bets

Written on July 24, 2026 at 6:25 am, by josephine
Gold falls below $4,050 as dollar strengthens on oil-driven inflation, hawkish Fed outlook, and tariffs.
PBoC Sets Yuan Fixing Weaker Than Forecast, Signalling Greater Tolerance for Renminbi Softness

Written on July 24, 2026 at 5:27 am, by josephine
PBoC fixed USD/CNY at 6.7939 above expectations, signaling weaker yuan tolerance; traders brace for CNH volatility.
WTI Holds Weekly Surge as Middle East Tensions and Caspian Pipeline Halt Fuel Supply Fears

Written on July 24, 2026 at 5:25 am, by josephine
WTI slips near $90 but posts 10% weekly gain as Middle East tensions threaten supply routes.
Japan CPI quickens to 1.7% as markets weigh Bank of Japan normalisation risks

Written on July 24, 2026 at 4:57 am, by josephine
Japan’s CPI quickened to 1.7% in June, boosting yen, pressuring JGBs, and signaling BOJ tightening.
Sterling Extends Six-Day Slide as Oil-Driven Dollar Strength Pressures GBP/USD Near 1.3300

Written on July 24, 2026 at 4:55 am, by josephine
Sterling fell for a sixth session near 1.3300 as dollar strength, oil spikes, and geopolitical risks intensified.
EUR/JPY heads for strong weekly gain as ECB September hike talk offsets yen intervention fears

Written on July 24, 2026 at 4:25 am, by josephine
EUR/JPY extends rally as ECB September hike chatter offsets BOJ intervention fears; traders eye CPI, PMIs.
NZD/USD Pressures 0.5770 Support as US Dollar Gains on Firm Jobless Claims, Safe-Haven Demand

Written on July 24, 2026 at 3:56 am, by josephine
NZD/USD slips to 0.5770 support as strong US jobs data boosts dollar; oversold signals volatility, bearish bias.
GBP/JPY Holds 218.00 Floor as Yen Intervention Talk Caps Upside Near 219.00

Written on July 24, 2026 at 3:55 am, by josephine
GBP/JPY consolidates near 218.17; bullish harami hints at 219 retest, while intervention risks cap upside.
USD/SGD Holds Range as Flat Momentum Keeps Focus on 1.2900–1.2925 Band

Written on July 24, 2026 at 3:27 am, by josephine
USD/SGD stayed range-bound near 1.2911; momentum flat, trading 1.2900–1.2925, options favored; watch 1.2865 support.
Dollar gains on record-low jobless claims as Middle East tensions lift oil, pressuring euro and sterling

Written on July 24, 2026 at 3:25 am, by josephine
Dollar strengthens as jobless claims hit 187K; Middle East tensions lift oil, pressure euro, sterling, gold.