Monthly Archives: May 2026
41654156156Oil Falls as Mideast De-Escalation Eases Supply Fears
Written on May 6, 2026 at 7:42 am, by pumarketings
Key Takeaways: *Oil prices pulled back sharply, with WTI easing as geopolitical risk premiums rapidly unwound after earlier spike fears around the Strait of Hormuz. *De-escalation signals from the US–Iran situation helped calm immediate supply concerns, outweighing supportive factors like API inventory draws and easing fears of near-term disruptions. Market Summary Oil prices have experiencedContinue Reading
Gold Climbs as Dollar Holds Range as Mideast Calm Eases Haven Demand
Written on May 6, 2026 at 7:41 am, by pumarketings
Key Takeaways *The US Dollar Index (DXY) is holding in a tight 98.25–98.50 range, with mild downside pressure as easing US–Iran tensions reduce safe-haven demand for the greenback. *Gold has rebounded toward the $4,550–$4,650 range, supported by a softer dollar and easing oil prices, which have encouraged renewed buying interest after recent lows. Market SummaryContinue Reading
Chart the Market (05/05/2026)
Written on May 5, 2026 at 5:55 am, by pumarketings
USDJPY, H4: USD/JPY experienced a sharp decline in the previous session, reflecting strong downside pressure. However, recent price action indicates a phase of consolidation, which may signal a temporary pause in the sell-off and open the door for a short-term technical rebound. This consolidation suggests the potential for price to retrace and partially fill theContinue Reading
