Monthly Archives: June 2026
41654156156USD Gains Momentum While Gold Awaits Its Next Catalyst

Written on June 9, 2026 at 6:42 am, by pumarketings
Key Takeaways: *The US dollar remains supported by strong US economic data, rising Treasury yields, and growing expectations that the Federal Reserve may keep interest rates higher for longer. *Gold remains under pressure as higher yields and a stronger dollar outweigh traditional safe-haven demand, despite ongoing geopolitical uncertainty in the Middle East. Market Summary: TheContinue Reading
Oil Prices Retreat as Iran–Israel De-Escalation Eases Supply Concerns

Written on June 9, 2026 at 6:27 am, by pumarketings
Key Takeaways: *Global risk sentiment improves as Iran and Israel signal willingness to reduce military operations *Immediate fears of broader regional escalation ease after Netanyahu signals pause in strikes *Crude oil prices retreat as geopolitical risk premium unwinds *Markets remain focused on whether Strait of Hormuz shipping flows can normalize Market Summary: Global market sentimentContinue Reading
Chart the Market (08/06/2026)

Written on June 8, 2026 at 6:39 am, by pumarketings
GBPUSD, H4: GBP/USD remains under pressure after breaking below the key 1.3385 support level, with price extending losses toward the 1.3295 support zone. Recent price action shows sellers regaining control following repeated failures near the 1.3475 resistance region, reinforcing the broader short-term bearish structure. Momentum indicators continue to reflect increasing downside pressure. The Relative StrengthContinue Reading
