Monthly Archives: June 2026
41654156156PCE Data in Focus as Dollar Bulls Stay in Control
Written on June 23, 2026 at 7:54 am, by pumarketings
Key Takeaways: * Hawkish Federal Reserve expectations continue to strengthen the US dollar as markets increasingly price in additional rate hikes. *Rising Treasury yields and higher-for-longer interest rate expectations are reinforcing the dollar’s advantage over other major currencies. *Gold remains under pressure as a stronger US dollar and elevated interest rates reduce the appeal of theContinue Reading
Oil Markets Balance Diplomatic Progress Against Supply Uncertainty
Written on June 23, 2026 at 7:39 am, by pumarketings
Key Takeaways: *Oil prices remain primarily driven by developments in US-Iran diplomacy and expectations for future global crude supply. *Crude initially fell more than 3% on peace talk optimism before stabilizing and posting a modest rebound. *The US 60-day sanctions waiver for Iran has increased expectations that additional Iranian oil could return to global markets.Continue Reading
Chart the Market (22/06/2026)
Written on June 22, 2026 at 7:42 am, by pumarketings
XAGUSD, H4: Silver is showing signs of stabilizing after an extended period of selling pressure and has managed to reclaim the $65.00 level. This development suggests that the recent bearish momentum may be fading, with buyers gradually returning to the market. From a price action perspective, silver appears to be forming a double-bottom pattern aroundContinue Reading
