Monthly Archives: June 2026
41654156156Chart the Market (08/06/2026)

Written on June 8, 2026 at 6:39 am, by pumarketings
GBPUSD, H4: GBP/USD remains under pressure after breaking below the key 1.3385 support level, with price extending losses toward the 1.3295 support zone. Recent price action shows sellers regaining control following repeated failures near the 1.3475 resistance region, reinforcing the broader short-term bearish structure. Momentum indicators continue to reflect increasing downside pressure. The Relative StrengthContinue Reading
Global Equities Slide as Middle East Tensions and Rising Yields Hit Risk Appetite

Written on June 8, 2026 at 6:19 am, by pumarketings
Key Takeaways: *Global equity markets retreat as renewed Middle East tensions trigger risk-off sentiment *U.S. Treasury yields rise after stronger-than-expected jobs data *Nasdaq records sharp losses as chip stocks face heavy selling pressure *Markets price in higher chances of a more hawkish Federal Reserve stance Market Summary: Global equity markets retreated sharply as risk-off sentimentContinue Reading
Dollar Surges on Strong Jobs Data and Hawkish Fed Signals

Written on June 8, 2026 at 6:17 am, by pumarketings
Key Takeaways: *US dollar strengthens sharply after stronger-than-expected Nonfarm Payrolls data *Resilient labor market supports higher Treasury yields *Fed officials signal concern over persistent inflation risks *Hawkish policy expectations continue supporting the dollar outlook Market Summary: The U.S. Dollar Index, which tracks the greenback against a basket of six major currencies, extended its gains aggressivelyContinue Reading
