Monthly Archives: June 2026
Bailey Remarks and Softer Oil Cool BoE Hike Bets as Sterling Holds Ground Against Dollar
Written on June 1, 2026 at 6:27 pm, by josephine
BoE’s Bailey cools rate-hike bets; oil drop helps. Sterling holds up, but stronger dollar caps GBP/USD.
US Manufacturing PMI Misses Forecast as Fed Rate-Hike Odds Ease and Hedging Demand Builds
Written on June 1, 2026 at 5:57 pm, by josephine
US Manufacturing PMI hits 55.1 in May; expansion continues but miss cools momentum, easing Fed hike odds.
Gold Lags Commodity Basket as Tight Energy Markets and High Rates Keep Prices Range-Bound
Written on June 1, 2026 at 5:57 pm, by josephine
Gold lags commodities as oil and metals gain on supply risks; tight energy, high rates cap gold.
Canada Manufacturing PMI Edges Lower, Testing Loonie Ahead of Bank of Canada Decision
Written on June 1, 2026 at 5:27 pm, by josephine
Canada’s manufacturing PMI dipped to 52.9, signaling slower growth, dovish BoC, weaker loonie, volatility trades.
USD/JPY Faces Resistance Below 160 as Intervention Risk, BoJ and Middle East Drive Volatility
Written on June 1, 2026 at 4:57 pm, by josephine
USD/JPY stalls below 160 amid intervention risk; Hormuz reopening, BoJ hike prospects, Fed hold drive volatility.
Pan American Silver targets fresh record high as Elliott Wave uptrend aligns with surging silver prices
Written on June 1, 2026 at 4:57 pm, by josephine
Pan American Silver shows bullish Elliott Wave setup; silver breakout supports calls targeting $65–$70 and new highs.
Brent Slides Below 50-Day Average as $91 Support Tested, April Low in Focus
Written on June 1, 2026 at 4:57 pm, by josephine
Brent slips below 50-day average, tests $91/90 support; reclaiming $103 needed to reduce downside risks.
Eurozone May inflation looms as ECB rate rise looks priced in, euro upside capped
Written on June 1, 2026 at 3:57 pm, by josephine
Eurozone May CPI may rise, but German cooling hints downside; ECB hike priced, limiting EUR/USD upside.
Brazil Manufacturing PMI Drops into Contraction, Raising Rate-Cut Bets and Real Weakness Concerns
Written on June 1, 2026 at 3:57 pm, by josephine
Brazil’s Manufacturing PMI slid to 49.1, signaling contraction, pressuring real and equities, boosting volatility.
TD Securities flags Iran headlines and month-end flows as focus shifts to US data-heavy week
Written on June 1, 2026 at 3:27 pm, by josephine
Geopolitics and month-end flows drove steepening; focus shifts to volatile data week, weak NFP, firmer ISM.
