Monthly Archives: May 2026
Australian dollar steadies near $0.7240 as budget boosts RBA hike bets, US-China talks loom
Written on May 13, 2026 at 12:55 pm, by josephine
Australian Dollar climbed as markets bet on RBA rate hike after budget; US-China meeting watched closely.
India’s April inflation undershoots forecasts as food prices rise and RBI easing looks set to fade
Written on May 13, 2026 at 12:53 pm, by josephine
India’s April CPI rose 3.5%, undershooting forecasts; food inflation climbed, while core prices held steady.
Gold steadies near $4,950 as rate-cut bets and geopolitical risks lift appetite for bullion
Written on May 13, 2026 at 12:26 pm, by josephine
Gold hovers near $4,700; stronger dollar, rising yields, and geopolitical tensions pressure prices as traders await data.
GBP/USD Selling Eases as Starmer Leadership Jitters Persist; Traders Eye 1.3482 Support
Written on May 13, 2026 at 12:23 pm, by josephine
GBP/USD selling eases; Starmer leadership challenge risk persists. SocGen sees support 1.3482/1.3420, resistance 1.3660.
USD/JPY Eyes Gains Below 157.95 as Rate Gap and Intervention Risks Drive Volatility
Written on May 13, 2026 at 11:55 am, by josephine
USD/JPY swung sharply, closing 157.61; modest upside expected, capped below 157.95 with key supports at 157.40.
USD/CHF Holds Above 0.7800 as Hot US Inflation, Higher Yields and Middle East Tensions Lift Dollar
Written on May 13, 2026 at 11:53 am, by josephine
USD/CHF holds above 0.7800 as hot US inflation, rising yields, and Middle East tensions boost dollar.
IEA Sees 2026 Oil Supply Deficit as Hormuz Disruption Deepens, Despite Softer Demand Outlook
Written on May 13, 2026 at 11:41 am, by josephine
IEA warns 2026 oil supply could drop 3.9 million bpd as Hormuz disruptions tighten markets globally.
ING Sees Low EUR/USD Implied Volatility, Range Trade Bias Ahead of ECB Speeches
Written on May 13, 2026 at 11:38 am, by josephine
ING sees EUR/USD volatility low at 5.7%, suggesting range trade; support near 1.1650, ECB speeches watched.
Dollar firms as sticky US inflation lifts yields, with PPI and Trump-Xi summit in focus
Written on May 13, 2026 at 11:35 am, by josephine
Dollar rises after strong US CPI lifts yields; markets await Eurozone GDP, US PPI, and Trump-Xi summit.
Dollar Index tests channel resistance near 98.50 as Fed divergence later drives rally to 104.75
Written on May 13, 2026 at 11:33 am, by josephine
DXY rises near 98.40, testing channel resistance; momentum weak, key levels 98.50/98.60 and 98.26/97.35.