Monthly Archives: July 2026
41654156156Dollar Weakens, Gold Rallies as Softer CPI Meets Geopolitical Risks
Written on July 15, 2026 at 8:41 am, by pumarketings
Key Takeaways: *The US dollar weakened after softer-than-expected June CPI reduced expectations of an immediate Federal Reserve rate hike. *Gold surged over 2% as lower Treasury yields and a weaker dollar boosted demand for the non-yielding precious metal. *Headline CPI slowed to 3.5% YoY while core CPI eased to 2.6%, reinforcing expectations that the FedContinue Reading
BTC Blasts Past $65K as Soft CPI Fuel Crypto Recovery
Written on July 15, 2026 at 6:13 am, by pumarketings
Key Takeaways: *Bitcoin surged above $65,000, while Ethereum climbed to its June high, supported by renewed risk appetite and strong buying momentum. *Cooler-than-expected U.S. inflation, easing geopolitical concerns, and continued ETF inflows boosted demand for cryptocurrencies by reducing expectations of aggressive Fed tightening. *Holding above $65,000 could pave the way for Bitcoin to target $67,000–$70,000,Continue Reading
Loonie Surges on Softer U.S. CPI, BoC Hawks in Focus
Written on July 15, 2026 at 6:10 am, by pumarketings
Key Takeaways: *The pair fell more than 0.5% after weaker-than-expected U.S. CPI data reduced expectations for aggressive Fed tightening, weighing on the U.S. Dollar. *Escalating Middle East tensions have lifted crude oil prices, providing a boost to the Canadian Dollar as Canada benefits from stronger energy exports. *While the Bank of Canada is expected toContinue Reading
