Monthly Archives: July 2026

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Pound Remains Under Pressure as Safe-Haven Dollar Gains on Middle East Tensions

Written on July 20, 2026 at 10:47 am, by

Key Takeaways: *GBP/USD remained under pressure as escalating Middle East tensions increased safe-haven demand for the US dollar. *Rising oil prices heightened concerns that higher energy costs could reignite UK inflation, complicating the Bank of England’s policy outlook. *Political optimism in the UK following Andy Burnham’s appointment as Prime Minister and expectations of a fiscallyContinue Reading

Oil Prices Rise as US–Iran Tensions Threaten Strait of Hormuz Supply  

Written on July 20, 2026 at 10:41 am, by

Key Takeaways: *Crude oil extends last week’s gains amid escalating US–Iran tensions. *Retaliatory attacks increase fears of a wider regional conflict. *Iran withdraws from the interim peace agreement. *Potential disruption in the Strait of Hormuz strengthens oil’s geopolitical risk premium. *Oil prices may remain supported unless diplomatic progress reduces supply concerns. Market Summary: Crude oilContinue Reading

US Dollar Rebounds as Oil-Driven Inflation Fears Pressure Gold

Written on July 20, 2026 at 10:12 am, by

Key Takeaways: *The US dollar rebounds as higher oil prices revive inflation concerns. *Softer US CPI and PPI data continue to limit stronger dollar gains. *Rising Treasury yields reduce the appeal of non-yielding gold. *Markets await the ECB policy decision for further interest-rate guidance. Market Summary: The US Dollar Index, which measures the greenback againstContinue Reading

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