Monthly Archives: May 2026
Sterling Pressured as UK Political Turmoil and Fed Rate Bets Keep GBP/USD Below 1.3550
Written on May 13, 2026 at 8:31 am, by josephine
GBP/USD steadied near 1.3540 as UK political turmoil and hawkish US inflation data supported the dollar.
France’s first-quarter jobless rate rises to 8.1%, fuelling bets on ECB cuts and market hedges
Written on May 13, 2026 at 8:29 am, by josephine
France’s first-quarter unemployment rose to 8.1%, beating expectations of 7.8% and overshooting forecasts by 0.3 points.
USD/CHF steadies near 0.7805 as US PPI and Trump-Xi talks steer dollar outlook
Written on May 13, 2026 at 8:26 am, by josephine
USD/CHF steady near 0.7805 as markets await US PPI, US-China talks, and SNB policy outlook.
Saudi gold eases to SAR 567.16 a gram as markets weigh Fed cuts and dollar weakness
Written on May 13, 2026 at 8:23 am, by josephine
Saudi gold prices fell Wednesday: SAR 567.16/gram, tola SAR 6,615.75; FXStreet cites safe-haven demand.
AUD/JPY Holds Uptrend Near 114.10 as RBA Hawkishness Offsets Yen Intervention Risk Ahead of Trump–Xi Talks
Written on May 13, 2026 at 7:26 am, by josephine
AUD/JPY steadied near 114.10 ahead of Trump–Xi talks, supported by bullish technicals despite intervention risks.
NZD/USD Slides as Strong Dollar and Rising RBNZ Inflation Expectations Weigh Ahead of Budget
Written on May 13, 2026 at 7:23 am, by josephine
NZD/USD slips near 0.5940 as US Dollar stays firm; rising NZ inflation expectations fuel July hike bets.
WTI slips after US inflation revives higher-for-longer rate fears, as focus shifts to OPEC+ discipline
Written on May 13, 2026 at 6:56 am, by josephine
WTI falls 1.5% to $97.20 as hot US CPI lifts rate fears, denting oil demand.
Dollar Index steadies as Middle East tensions and stubborn inflation keep rate expectations elevated
Written on May 13, 2026 at 6:53 am, by josephine
DXY steadied near 98.30 as Iran tensions and hot CPI boosted dollar; markets now price December rate hike.
Australia’s Wage Growth Holds at 3.3% in Q1, Keeping RBA Policy Expectations Steady
Written on May 13, 2026 at 6:28 am, by josephine
Australia’s Wage Price Index rose 3.3% year-on-year in Q1, matching forecasts, signaling steady annual wage growth.
Australia wage growth hits forecasts, easing RBA pressure as rate-cut odds drift lower
Written on May 13, 2026 at 6:26 am, by josephine
Australia’s Wage Price Index rose 0.8% in Q1, matching forecasts, signalling steady wage growth.