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MarketPulse - The Beat of the Global Markets

Treasury Intervention Puts the Dollar Under Pressure
A sharp rise in US Treasury yields dominated the week before the Treasury Department expanded its long-term bond buyback programme. The move improved market liquidity and briefly reduced borrowing costs, but also weakened the dollar. With oil prices elevated and US debt exceeding USD40 trillion, investors are questioning whether Washington is becoming more willing to tolerate currency depreciation in order to stabilise the bond market.
21-08-2026 12:37 GMT by Łukasz Zembik
chip
Chart alert: Gold major bullish breakout as USD debasement narrative takes hold
Gold (XAU/USD) has staged a major bullish breakout, surging 4.35% on 19 August for its largest one-day gain since February 2026. The rally reflects growing US dollar debasement and fiscal-dominance concerns following larger US Treasury bond buybacks. Technical momentum remains bullish above the $4,434/$4,405 pivotal support, while a sustained break above $4,504 could reinforce the advance towards $4,580 and $4,640.
20-08-2026 07:38 GMT by Kelvin Wong
FOMC minutes, Canadian inflation data, and USD/CAD technical analysis
This report provides a financial analysis for the week of August 17, 2026. It covers market expectations ahead of the July FOMC minutes, noting the debate between inflation risks and a cooling labor market. It also examines Canada’s latest CPI data, highlighting that headline inflation reached 3.0% while core metrics remain steady. Finally, the report includes a USD/CAD daily chart analysis, noting current technical support levels and oversold conditions indicated by the RSI at 29.24.
18-08-2026 12:20 GMT by Moheb Hanna
Chart alert: GBP/USD remains firm above 1.3479 ahead of US CPI
GBP/USD remains firm ahead of the US CPI release after breaking above a key medium-term descending trendline following last Friday’s US NFP. Sterling’s near-term bullish momentum remains intact above the 1.3479 pivotal support, with upside targets at 1.3547, 1.3580 and 1.3643. A hotter-than-expected US core CPI could revive Fed rate-hike expectations and US dollar strength, while softer inflation may reinforce GBP/USD’s bullish breakout.
12-08-2026 11:09 GMT by Kelvin Wong

Top cryptocurrency news and analysis

Automotive_Factory_Production
The US labour market is losing momentum – as is the USD
The June U.S. jobs report points to a clear slowdown in the labor market, with weaker nonfarm payrolls growth, lower labor force participation, and easing wage pressure. While layoffs remain limited, the data reduce pressure on the Fed to tighten policy further and have weighed on the U.S. dollar.
02-07-2026 16:19 GMT by Krzysztof Kamiński
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Top commodities news and analysis

Gold_Bars
Chart alert: Gold major bullish breakout as USD debasement narrative takes hold
Gold (XAU/USD) has staged a major bullish breakout, surging 4.35% on 19 August for its largest one-day gain since February 2026. The rally reflects growing US dollar debasement and fiscal-dominance concerns following larger US Treasury bond buybacks. Technical momentum remains bullish above the $4,434/$4,405 pivotal support, while a sustained break above $4,504 could reinforce the advance towards $4,580 and $4,640.
20-08-2026 07:38 GMT by Kelvin Wong
Automotive_Factory_Production
The US labour market is losing momentum – as is the USD
The June U.S. jobs report points to a clear slowdown in the labor market, with weaker nonfarm payrolls growth, lower labor force participation, and easing wage pressure. While layoffs remain limited, the data reduce pressure on the Fed to tighten policy further and have weighed on the U.S. dollar.
02-07-2026 16:19 GMT by Krzysztof Kamiński
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Central banks news

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