Monthly Archives: July 2026

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US Dollar Extends Losses as Softer Inflation Data Weakens Fed Hike Bets 

Written on July 16, 2026 at 7:49 am, by

Key Takeaways: *US Dollar Index extends losses after a series of weaker-than-expected U.S. data *Producer Price Index records its sharpest decline in 14 months *Softer CPI, PPI, and jobs data reduce expectations for a near-term Fed rate hike *Renewed U.S.–Iran tensions keep broader market uncertainty elevated Market Summary: The Dollar Index, which tracks the greenbackContinue Reading

Gold Holds Firm as Softer Inflation Offsets Middle East Risks

Written on July 16, 2026 at 7:23 am, by

Key Takeaways: *Gold remained resilient above the key $4,000 support, supported by softer US CPI and PPI data that eased expectations of an immediate Fed rate hike. *Cooling inflation weakened the US dollar and Treasury yields, improving the appeal of non-yielding assets such as gold. *Rising oil prices from escalating US-Iran tensions capped gold’s upside,Continue Reading

Chart the Market (16/07/2026)

Written on July 16, 2026 at 5:59 am, by

EURUSD, H4:                                                                EUR/USD has broken above its immediate resistance level at 1.1465, generating a bullish breakout signal and suggesting that the pair may be entering a short-term trend reversal. The breakout indicates that buying momentum has strengthened, allowing the euro to regain ground against the U.S. dollar after a prolonged period of weakness. The nextContinue Reading

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