Monthly Archives: July 2026
41654156156US Dollar Extends Losses as Fed Hike Bets Ease; Gold Near Two-Week High
Written on July 6, 2026 at 9:01 am, by pumarketings
Key Takeaways: *US dollar continues to weaken as markets digest softer-than-expected jobs data *Cooling labor market conditions reduce expectations for a near-term Fed rate hike *Lower oil prices ease inflation concerns and further weigh on dollar demand *Gold extends gains as weaker USD and lower yields support the precious metal Market Summary: The Dollar Index,Continue Reading
Oil Extends Losses as OPEC+ Output Hike Adds to Hormuz Supply Recovery
Written on July 6, 2026 at 8:53 am, by pumarketings
Key Takeaways: *Crude oil prices remain under pressure as supply risks continue to ease *OPEC+ agrees to raise output targets further from August *Gradual reopening of the Strait of Hormuz supports the recovery of oil flows *Rising supply expectations keep the near-term oil outlook bearish Market Summary: Crude oil prices extended losses after OPEC+ agreedContinue Reading
Yen Remains Under Pressure as Intervention Risks Intensify
Written on July 6, 2026 at 8:43 am, by pumarketings
Key Takeaways: *The Japanese yen remains under pressure as the wide US-Japan interest rate differential continues to outweigh support from weaker US economic data. *Japanese authorities have reinforced their readiness to intervene in currency markets, keeping USD/JPY volatile as traders remain cautious near 40-year lows. *Reports of a more unpredictable “ambush” intervention strategy have increasedContinue Reading
