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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

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

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

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

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

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

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

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

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

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

DXY rises near 98.40, testing channel resistance; momentum weak, key levels 98.50/98.60 and 98.26/97.35.

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