Monthly Archives: July 2026
Sterling Recovers as Burnham’s Fiscal Pledge Fails to Stem Long-Dated Gilt Sell-off
Written on July 21, 2026 at 4:57 pm, by josephine
Sterling steadies, but long-dated gilt yields rise as Burnham pledges fiscal rules amid VAT cut uncertainty.
US ADP Four-Week Hiring Average Slips, Reinforcing Labour Market Cooling and Dovish Fed Bets
Written on July 21, 2026 at 4:55 pm, by josephine
ADP four-week hiring average fell to 16.5K, cooling labor market; traders eye dovish Fed, hedge volatility.
Mexico Retail Sales Drop Spurs Banxico Cut Bets, Raising Peso and Consumer Equity Risks
Written on July 21, 2026 at 4:25 pm, by josephine
Mexico’s May retail sales fell 0.6%, signaling weaker demand, pressuring Banxico, peso, and consumer equities.
Sterling Loses Momentum as UK Fiscal Flexibility Rattles Gilts, Banks Eye Range Trading
Written on July 21, 2026 at 3:57 pm, by josephine
Sterling momentum fades as UK fiscal uncertainty rattles gilts; banks expect range-trading, favoring EUR/GBP rebound, GBP/USD consolidation.
GBP/USD Slides for Fourth Session as Bulls Eye 1.3400 Support on Rate Differential Tailwinds
Written on July 21, 2026 at 3:55 pm, by josephine
GBP/USD dips near 1.3430 yet stays bullish; traders eye 1.3400 support, call spreads, tight risk controls.
Hungary’s Central Bank Set for Further Rate Cuts as Forint Stable and Global Pressures Build
Written on July 21, 2026 at 3:27 pm, by josephine
NBH seen cutting 25bp to 5.75% as stable forint and global pressures shape easing expectations.
Sterling Holds Above 200-Day Average as Gilt Strain Persists Ahead of UK CPI Data
Written on July 21, 2026 at 2:57 pm, by josephine
Sterling holds above 200-day average as Gilts wobble; markets await UK CPI and Chancellor Healey signals.
USD/JPY Near YTD Highs as Oil Shock Weighs on Yen, Japan Sets Fiscal and Investment Plans
Written on July 21, 2026 at 2:55 pm, by josephine
USD/JPY stayed near 163 as rising Brent hit yen; Japan’s strategy and tax decision may spark volatility.
Commerzbank Sees Hungary Central Bank Cutting Base Rate to 5.75% as Inflation Outlook Softens
Written on July 21, 2026 at 2:27 pm, by josephine
Commerzbank sees Hungary’s central bank cutting rates to 5.75% as inflation cools, despite weaker forint.
Euro edges above 1.1420 as ZEW sentiment lifts single currency ahead of ECB decision
Written on July 21, 2026 at 2:25 pm, by josephine
Euro rises above 1.1420 on strong ZEW sentiment; Iran ceasefire hopes weigh dollar ahead of ECB.
