Monthly Archives: May 2026
41654156156Dollar Holds Firm on Inflation Concerns and Strong Economic Data

Written on May 20, 2026 at 6:13 am, by pumarketings
Key Takeaways *US dollar remains supported by rising inflation and Treasury yields *Strait of Hormuz disruptions continue fueling inflation fears *Strong U.S. labor data reinforces resilient economic outlook Market Summary The US dollar index, which tracks the greenback against a basket of six major currencies, remained elevated as the lack of progress in reopening theContinue Reading
Oil Prices Extend Gains as Trump Threatens Renewed Strikes on Iran

Written on May 20, 2026 at 6:10 am, by pumarketings
Key Takeaways *Oil prices rise as Trump warns of possible renewed strikes on Iran *Strait of Hormuz disruptions continue tightening global supply *NATO discusses escorting ships through the key shipping route Market Summary Crude oil prices continued to edge higher as market participants digested the latest comments from Donald Trump regarding the possibility of renewedContinue Reading
Pound Sterling Rally Faces Inflation Reality Check

Written on May 20, 2026 at 6:08 am, by pumarketings
Key Takeaways *British Pound extends weekly gains, rebounding toward 1.34 against the USD as improved market sentiment and expectations for a cautious BoE policy path support sterling. *April CPI data is the key catalyst today, with softer inflation potentially increasing easing expectations, while sticky core inflation could strengthen GBP further. *Sterling outlook remains data-sensitive, withContinue Reading
