Monthly Archives: August 2026
41654156156Oil Extends Gains as Tougher Iran Sanctions and Weak Dollar Support Prices
Written on August 21, 2026 at 6:08 am, by pumarketings
Key Takeaways: *Crude oil prices rise as the U.S. prepares tougher sanctions against Iran *Limited progress on the Strait of Hormuz keeps supply disruption fears elevated *A weaker U.S. dollar adds further support to oil prices Market Summary: Crude oil prices extended their gains as the United States prepared significantly tougher economic sanctions against Iran,Continue Reading
Gold Holds Above $4,500 as Treasury Buyback Support Pressures Yields and Dollar
Written on August 21, 2026 at 3:42 am, by pumarketings
Key Takeaways: *US Treasury buybacks remain a major market driver after planned long-dated purchases were doubled *Lower long-term yields have reduced support for the US dollar *Gold remains strongly supported by lower yields, dollar weakness, and demand for alternative stores of value Market Summary: US Treasuries remained in focus after the Treasury Department unexpectedly increasedContinue Reading
Euro Hits Multi‑Month Highs as Dollar Weakens, ECB Hike Bets Build
Written on August 21, 2026 at 3:38 am, by pumarketings
Key Takeaways: *EUR/USD has climbed toward 1.1700, reaching multi-month highs as the euro benefits from broad U.S. dollar weakness. *Expanded U.S. Treasury buybacks have pushed yields lower, weakening the dollar, while markets increasingly expect a 25bp ECB hike in September, providing further support for the euro. *Today’s Eurozone and U.S. flash PMIs, energy prices, MiddleContinue Reading
