Monthly Archives: June 2026
41654156156Wall Street Ends Mixed as U.S.–Iran Deal Optimism Fades; SpaceX Rally Supports Tech Sentiment
Written on June 17, 2026 at 2:10 am, by pumarketings
Key Takeaways: *Wall Street ends mixed as initial optimism over the U.S.–Iran interim peace deal fades *AI-related growth themes and SpaceX’s rally continue to support long-term tech sentiment *Upcoming Fed decision remains a key risk event for U.S. equities Market Summary: Wall Street ended mixed as the initial euphoria surrounding the U.S.–Iran interim peace dealContinue Reading
US Dollar Softens as Oil Prices Fall; Gold Edges Higher Ahead of FOMC Decision
Written on June 17, 2026 at 2:06 am, by pumarketings
Key Takeaways: *US dollar remains near its lower range as falling oil prices ease inflation concerns *Lower Treasury yields reduce short-term Fed rate hike expectations *FOMC decision remains the key risk event for dollar and gold direction Market Summary: The Dollar Index, which tracks the greenback against a basket of six major currencies, remained nearContinue Reading
Dollar Drifts Lower on Iran Peace Hopes, but Israel’s Objection Caps Losses
Written on June 16, 2026 at 9:56 am, by pumarketings
Key Takeaways: *Optimism surrounding a potential U.S.-Iran peace agreement has reduced safe-haven demand for the Dollar, weighing on the DXY as risk sentiment improves and oil prices ease. *Markets expect the Federal Reserve to keep rates unchanged this week, but strong labor data and persistent inflation could lead to a hawkish message that supports theContinue Reading
