Monthly Archives: June 2026
Gold Lags Commodities as Oil Rally and Hawkish Central Banks Keep Bullion Range-Bound
Written on June 2, 2026 at 11:57 am, by josephine
Gold lags as oil surges and central banks turn hawkish, keeping prices range-bound with downside pressure.
NZD/USD Steadies Near 0.5930 as RBNZ Tightening Bets Offset Risk and US Data Focus
Written on June 2, 2026 at 11:57 am, by josephine
NZD/USD hovered near 0.5930, capped below 0.6000 as geopolitics, RBNZ hike bets, and US data.
European Parliament Backs EU-US Tariff Cuts, Easing Trade Risk and Supporting Euro and Equities
Written on June 2, 2026 at 11:27 am, by josephine
EU trade committee backs cutting US import duties, supporting EU-US deal, easing tariff threat, boosting euro sentiment.
EUR/USD Holds 1.14–1.18 Range as June Fed and ECB Meetings Loom
Written on June 2, 2026 at 11:27 am, by josephine
EUR/USD remains range-bound ahead of June Fed and ECB meetings, with DXY weakness needed for breakout.
UK M4 money supply growth edges up, bolstering hawkish Bank of England expectations
Written on June 2, 2026 at 10:57 am, by josephine
UK M4 money supply rose to 4.5% in April, boosting hawkish BoE bets, GBP, yields.
UK consumer lending undershoots forecasts in April, bolstering rate-cut bets and pressuring sterling
Written on June 2, 2026 at 10:57 am, by josephine
UK consumer lending rose £6.2bn in April, missing forecasts, boosting rate-cut bets and pressuring sterling.
UK mortgage approvals beat forecasts, bolstering higher-for-longer Bank of England rate expectations
Written on June 2, 2026 at 10:27 am, by josephine
UK mortgage approvals beat forecasts in April, signaling housing resilience and reducing odds of near-term BoE cuts.
UK M4 Money Supply Misses Forecast, Fueling BoE Rate-Cut Bets and Sterling Pressure
Written on June 2, 2026 at 10:27 am, by josephine
UK April M4 rose 0.2%, below 0.6% forecast, boosting rate-cut odds, pressuring GBP, lifting volatility.
Dollar steadies above 99 as Middle East tensions lift oil and gold; focus turns to Eurozone HICP
Written on June 2, 2026 at 9:57 am, by josephine
Markets cautious on Mideast tensions; dollar and oil surge; gold rebounds. Traders target volatility across FX.
Australia’s current account deficit hits decade high as exports slide and China demand weakens
Written on June 2, 2026 at 9:27 am, by josephine
Australia’s exports slide as iron ore and gas shipments fall, widening deficit and pressuring AUD lower.