Monthly Archives: June 2026
Sterling Slips as Gulf Tensions Lift Oil and Dollar; US Data Outpaces Weak UK Services PMI
Written on June 3, 2026 at 9:57 pm, by josephine
Sterling slips as US-Iran tensions and stronger US data boost dollar, pressuring GBP/USD below key averages.
Sterling Drifts Lower as GBP/USD Stays Range-Bound Ahead of Bank of England Rate Decision
Written on June 3, 2026 at 9:57 pm, by josephine
Sterling drifts as GBP/USD stays 1.33–1.35; low volatility favors options selling, hedged for BoE breakout catalysts.
USD/JPY Nears 160 as Intervention Risk Rises and BOJ Rate-Hike Bets Build
Written on June 3, 2026 at 9:27 pm, by josephine
USD/JPY nears 160, raising intervention risk; Japan spent ¥11.7T defending. BOJ hike odds rise; consider options.
Gold tops US Treasuries in official reserves as central banks pivot amid geopolitical uncertainty
Written on June 3, 2026 at 9:27 pm, by josephine
By end-2025, gold surpassed US Treasuries in reserves, driven by valuation gains, geopolitics, and diversification.
Dollar gains on higher US yields and tariff threats as risk-off flows favour safe-haven greenback
Written on June 3, 2026 at 8:57 pm, by josephine
Dollar rallies on higher yields, geopolitics and tariff threats; flows favor USD, risk-off drives bonds, oil higher.
AUD/USD slides as soft Australian GDP and jobs clash with firmer US services and payrolls
Written on June 3, 2026 at 8:57 pm, by josephine
AUD/USD slips to 0.7145 as weak Australian GDP, jobs contrast firm US data, boosting dollar demand.
Canadian Dollar Stays Soft as Rate Gap Keeps USD/CAD Elevated, Upside Seen Capped in Mid-1.38s
Written on June 3, 2026 at 8:57 pm, by josephine
Canadian dollar stays soft; USD/CAD near 1.3850 as rate divergence supports greenback, upside capped mid-1.38s.
SpaceX IPO Talk Pitches Scarcity Premium as $1.75tn Valuation Stretches Conventional Metrics
Written on June 3, 2026 at 8:57 pm, by josephine
SpaceX’s mooted IPO pitches scarcity over fundamentals, implying $1.75T valuation, lofty multiples, losses, and options-driven volatility.
EIA data show US crude stocks plunge nearly 8 million barrels, boosting WTI bullish bets
Written on June 3, 2026 at 7:57 pm, by josephine
EIA data showed crude inventories fell 7.974 million barrels, far exceeding expectations, signaling strong demand and bullish prices.
Gold slides as robust US data and Middle East tensions lift dollar, cementing higher-for-longer rates
Written on June 3, 2026 at 7:27 pm, by josephine
Gold slips as strong US data, Middle East tensions lift dollar, yields; traders eye payrolls, bearish strategies.
