Monthly Archives: July 2026
AUD/USD Holds Above 0.7000 as Mixed US Data Weighs on Dollar, RSI Near Overbought
Written on July 16, 2026 at 10:25 pm, by josephine
AUD/USD holds above 0.7000 as mixed US data and softer Australian inflation expectations temper momentum.
USD/CAD holds steady as Bank of Canada turns cautious, with bearish momentum building for the loonie
Written on July 16, 2026 at 9:56 pm, by josephine
BoC holds rates; statement turns cautious. USD/CAD dips below key retracement, favouring shorts targeting 1.3981 support.
Brzeski sees ECB holding rates as oil rise revives risk of surprise July hike
Written on July 16, 2026 at 9:55 pm, by josephine
Brzeski sees ECB holding rates July 23, but Middle East-driven energy spikes revive surprise hike risk.
UK May GDP edges up 0.1% as services rebound, bolstering sterling and Bank Rate hike bets
Written on July 16, 2026 at 9:25 pm, by josephine
UK May GDP grew 0.1%, beating forecasts; services led, while rate hikes and GBP consolidation persisted.
Canadian dollar consolidates as Bank of Canada turns neutral and USD/CAD hovers near 1.4000
Written on July 16, 2026 at 8:56 pm, by josephine
Canadian dollar consolidates as BoC holds at 2.25%; softer US inflation eases USD, volatility strategies target 1.4000.
Middle East Tensions Rekindle Eurozone Inflation Risks, Leaving ECB Rate-Cut Hopes on Shaky Ground
Written on July 16, 2026 at 8:55 pm, by josephine
Renewed Middle East tensions reversed energy declines, lifting Eurozone inflation risks; traders should position for higher expectations.
US Business Inventories Rise 0.3% in May, Reinforcing Steady Demand and Range-Bound Markets
Written on July 16, 2026 at 7:57 pm, by josephine
U.S. business inventories rose 0.3% in May, supporting stable demand; traders favor volatility-selling, range-bound strategies.
US Pending Home Sales Slump Raises Rate-Cut Bets, Pressures Homebuilders and Boosts Volatility Hedges
Written on July 16, 2026 at 7:55 pm, by josephine
June pending home sales plunged 5.4%, missing forecasts, signaling housing slowdown, pressuring yields, homebuilders, volatility.
UK GDP Edges Up in May but TD Securities Warns Underlying Q2 Growth Near Flatline
Written on July 16, 2026 at 7:27 pm, by josephine
UK GDP edged up 0.1% in May; underlying growth may stall, pressuring sterling and rates.
EUR/USD slips as dollar steadies; oil surge and rate-hike bets keep markets on edge
Written on July 16, 2026 at 7:25 pm, by josephine
EUR/USD slips to 1.1457 as dollar steadies; oil surge, Middle East tensions revive inflation concerns, rate-hike bets.
