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Monthly Archives: June 2026

Eurozone Composite PMI Beats Forecast but Stays in Contraction, Supporting Cautious ECB Rate Outlook

Written on June 3, 2026 at 11:16 am, by

Eurozone composite PMI beat forecasts at 48.5, easing recession fears, supporting euro and equities, complicating ECB cuts.

Eurozone Services PMI Beats Forecast but Stays in Contraction, Bolstering ECB Rate-Cut Bets

Written on June 3, 2026 at 10:47 am, by

Eurozone services PMI rose to 47.7 in May, still contracting; boosts ECB cut bets, bearish euro.

S&P 500 Hits Fresh Record as Nine-Day Rally Nears Longest Run Since 1995

Written on June 3, 2026 at 10:46 am, by

S&P 500 hits record ninth straight gain; longest since 1995 looms, low volatility prompts hedging.

Spain’s Services PMI Edges into Growth, Boosting IBEX and Offering Modest Euro Support

Written on June 3, 2026 at 10:46 am, by

Spain’s services PMI hit 50.1, beating forecasts, supporting euro and equities, reducing ECB cut odds.

GBP/USD stays range-bound as downside pressure builds; 1.3430 in focus, 1.3300 key break level

Written on June 3, 2026 at 9:47 am, by

GBP/USD holds range; downside momentum builds toward 1.3430/1.3405 support, resistance 1.3470-1.3485; strategies favor options premium selling.

Rupee slides as oil rallies and foreign outflows mount; RBI seen leaning against dollar gains

Written on June 3, 2026 at 9:46 am, by

Rupee slides to 95.77 as oil jumps above $93 and foreign outflows persist; RBI intervenes before policy.

Trade Gold: XAUUSD Slips Below $4,500 Ahead Of US Jobs Data

Written on June 3, 2026 at 9:22 am, by

Gold trades below $4,500 as traders turn cautious ahead of Friday’s US non-farm payrolls report. Watch the next XAUUSD CFD setup with VT Markets.

Trade AUD/USD: Aussie Dollar Stalls After Weak GDP Data

Written on June 3, 2026 at 9:20 am, by

AUD/USD holds near 0.7180 after Australia’s GDP miss. Trade the next forex CFD move with VT Markets.

UOB sees EUR/USD rangebound, downside momentum builds with 1.1590 support in focus

Written on June 3, 2026 at 9:17 am, by

UOB keeps EUR/USD neutral at 1.1590–1.1685, watching 1.1605 support; downside momentum risks breaks below 1.1590.

Euro steadies near 0.8630 as Middle East tensions, oil and BoE-ECB divergence weigh on EUR/GBP

Written on June 3, 2026 at 9:16 am, by

EUR/GBP hovers near 0.8630 as Middle East tensions and oil prices cap euro; UK data supports sterling.

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