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Aud/usd: a Hawkish Hold, a Hesitant Aussie the RBA Held the Cash Rate at 4.35% This Morning, Snapping a Three-meeting

AUD/USD: A Hawkish hold, a hesitant Aussie The RBA held the cash rate at 4.35% this morning, snapping a three-meeting hiking streak and delivering exactly what the market had penciled in. Yet the decision arrived wrapped in a familiar warning: this is a pause, not a

  • mohammad501ps@gmail.com
  • June 16, 2026
  • forex

AUD Slips as RBA Holds Rates at 4.35% After Three Hikes

The Reserve Bank of Australia left rates unchanged, signaling comfort with lagged policy effects amid cooling growth and inflation concerns. The Australian dollar retreated modestly after the Reserve Bank of Australia unanimously kept its cash rate at 4.35%, ending a strea

  • mohammad501ps@gmail.com
  • June 16, 2026
  • forex

United States Dollar: Upside Risks Persist Near Range Highs – BBH Brown Brothers Harriman’s Elias Haddad Notes the

United States Dollar: Upside risks persist near range highs – BBH Brown Brothers Harriman’s Elias Haddad notes the Dollar Index is trading defensively just below the top of its long-held 96.00–100.00 range, even as US assets benefit from optimism after the US-Iran peace

  • mohammad501ps@gmail.com
  • June 16, 2026
  • crypto

Bitcoin Critic Schiff Concedes BTC May Not Hit Zero

Gold advocate Peter Schiff acknowledges Bitcoin’s price could avoid collapse despite calling it a burst bubble. Gold advocate and long-time Bitcoin critic Peter Schiff admitted Bitcoin’s price may not fall to zero, reversing his prior stance. The comments came during a deb

  • mohammad501ps@gmail.com
  • June 16, 2026
  • forex

EUR/USD Rises Past 1.1600 on Strong German Economic Sentiment

German ZEW Economic Sentiment data boosts the euro, pushing EUR/USD above 1.1600 in early trading. The euro climbed above 1.1600 against the US dollar on Tuesday, supported by better-than-expected ZEW Economic Sentiment data from Germany. The EUR/USD pair regained momentum

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

Zevia Taps Former Red Bull Executive as New CEO, Raises Q2 Outlook

Zevia appoints Alexandre Ruberti as CEO and updates Q2 guidance, expecting net sales at the high end of its $43m-$45m range. Zevia has named Alexandre Ruberti as its new president and CEO, effective immediately. Ruberti, a board member since 2024 and former Red Bull execut

  • mohammad501ps@gmail.com
  • June 16, 2026
  • crypto

Meme Coin Market Cap Plunges $110B From 2024 Peak to $24.48B

The sector’s valuation dropped 81.9% since November 2024, erasing over $110 billion amid persistent 2026 declines. The combined market capitalization of meme coins fell to $24.48 billion by June 15, 2026, down from a record $135.06 billion in November 2024. The 81.9% decli

  • mohammad501ps@gmail.com
  • June 16, 2026
  • politics

Mitsui OSK Lines Holds Off on Hormuz Tanker Traffic Despite Iran Deal Hopes

World’s largest tanker operator demands concrete safety guarantees before resuming shipments through the Strait of Hormuz. Mitsui OSK Lines, the world’s largest tanker operator, is delaying a return to the Strait of Hormuz despite optimism over a U.S.-Iran deal. CEO Jotaro

  • mohammad501ps@gmail.com
  • June 16, 2026
  • bonds

US HELOC Rates Hold Near 7.25% as Homeowners Tap Equity Amid Lock-In Effect

Average adjustable-rate HELOCs remain at 7.25% while fixed-rate home equity loans rise to 7.86%, per June 2026 data. Average adjustable-rate home equity lines of credit stood at 7.25% on June 16, 2026, near the 2026 low of 7.19% observed in mid-May. Fixed-rate home equity

  • mohammad501ps@gmail.com
  • June 16, 2026
  • stocks

30- and 15-Year Mortgage Rates Dip as Shorter-Term Loans Rise

Average 30-year fixed mortgage rates fell 4 basis points to 6.31% on June 16, 2026, while 20-year rates climbed 9 basis points. Average 30-year fixed mortgage rates declined 4 basis points to 6.31% on June 16, 2026, while 15-year fixed rates also dropped 4 basis points to

  • mohammad501ps@gmail.com
  • June 16, 2026
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