Monthly Archives: August 2026
41654156156GBP/USD Holds Firm as UK Growth Outperforms and US Data Weakens
Written on August 17, 2026 at 9:04 am, by pumarketings
Key Takeaways: *GBP/USD remains supported by stronger UK growth and a softer US dollar *UK GDP expanded 0.4% in Q2, keeping Britain on track for strong G7 growth momentum *Weak US retail sales, CPI, PPI, and jobs data pressured Treasury yields lower *Fed rate-hike expectations eased, while markets still price at least one BOE hikeContinue Reading
Dollar Weakens as Gold Extends Rally on Shifting Fed Expectations
Written on August 17, 2026 at 9:01 am, by pumarketings
Key Takeaways: *USD weakens as soft US data cuts September Fed-hike expectations. *Gold stays bullish near $4,400, supported by a weaker dollar and strong central-bank demand. *Oil remains the key risk, with higher energy prices potentially reviving inflation concerns. Market Summary: The U.S. dollar has started the week under renewed pressure, with the DXY aroundContinue Reading
Wall Street Holds Gains as Dovish Fed Bets Offset Mideast Jitters
Written on August 17, 2026 at 8:55 am, by pumarketings
Key Takeaways: *Softer labour and inflation data have reduced expectations for further tightening, with markets now pricing only around a 25% chance of a rate hike at the next FOMC meeting, down from roughly 50% a month earlier. *Renewed tensions and stalled diplomacy could push oil prices higher, revive inflation concerns, and weaken the riskContinue Reading
