Yearly Archives: 2026
41654156156EUR/USD Edges Lower as Stronger Dollar Outweighs ECB Policy Hold

Written on July 24, 2026 at 8:13 am, by pumarketings
Key Takeaways: *EUR/USD continues to trade lower as stronger US dollar weighs on the pair *ECB keeps interest rates unchanged at 2.40%, in line with market expectations *Renewed Middle East tensions raise concerns over eurozone inflation risks Market Summary: The EUR/USD continued to edge lower as renewed strength in the US dollar weighed on theContinue Reading
Dollar Extends Gains as Oil-Driven Inflation Risks Pressure Gold

Written on July 24, 2026 at 8:08 am, by pumarketings
Key Takeaways: *US dollar continues to strengthen as surging oil prices revive inflation concerns *Stronger-than-expected jobless claims data reinforces confidence in the US economy *Gold remains under pressure as stronger USD and higher yields outweigh safe-haven demand Market Summary: The Dollar Index, which tracks the greenback against a basket of six major currencies, continued toContinue Reading
Chart the Market (24/07/2026)

Written on July 24, 2026 at 6:36 am, by pumarketings
EURUSD, H4: EUR/USD has broken below its asymmetric triangle formation, confirming a bearish breakout and signaling that the pair is resuming its broader long-term downtrend. The breakdown represents a significant technical development, indicating that sellers have regained control following a period of consolidation. The breakout below the triangle pattern reinforces the prevailing bearish market structureContinue Reading
