Monthly Archives: May 2026
EUR/USD slips under 1.1750 as Iran ceasefire doubts lift dollar, focus turns to US CPI
Written on May 12, 2026 at 3:26 pm, by josephine
EUR/USD slides under 1.1750 as Iran ceasefire fears boost dollar; traders await US CPI, Euro data.
US ADP four-week average slips to 33K, reinforcing expectations of deeper Fed rate cuts
Written on May 12, 2026 at 3:23 pm, by josephine
US ADP employment change 4-week average fell to 33K on April 18, down from 39.25K.
Sterling slips as Starmer resignation chatter fuels political risk premium and fiscal credibility fears in UK assets
Written on May 12, 2026 at 2:56 pm, by josephine
Sterling weakened as resignation calls grew for Starmer; political uncertainty, fiscal-rule doubts, and leadership speculation pressured GBP.
Brazil inflation undershoots forecasts, fuelling bets on BCB rate cut and weaker real
Written on May 12, 2026 at 2:53 pm, by josephine
Brazil’s April IPCA inflation eased to 0.67%, undershooting forecasts of 0.7% by 0.03 percentage points.
Mexico Industrial Output Fall Eases in March, Supporting Peso and Banxico’s Cautious Rate Path
Written on May 12, 2026 at 2:26 pm, by josephine
Mexico’s industrial output dropped 1.3% year on year in March, a smaller decline than the forecast 1.5%.
India mulls emergency steps to defend forex reserves as oil nears $95 and rupee weakens
Written on May 12, 2026 at 2:23 pm, by josephine
India considers emergency measures to protect forex reserves as oil prices surge, widening deficit and pressuring rupee.
USD/CHF lifts on Middle East tensions as markets await US CPI and weigh Fed, SNB shifts
Written on May 12, 2026 at 1:26 pm, by josephine
USD/CHF rose to 0.7815 as Middle East tensions boosted dollar demand; markets await US CPI; Swiss inflation stays subdued.
South Africa Manufacturing Output Returns to Growth as Rand Firms and Rate-Cut Bets Fade
Written on May 12, 2026 at 1:23 pm, by josephine
South Africa’s manufacturing production index rose 0.9% year-on-year in March, reversing February’s 2.8% contraction.
Rupee hits record low as Hormuz risk lifts oil and spurs dollar demand
Written on May 12, 2026 at 12:56 pm, by josephine
Rupee hits record low as US-Iran tensions, high oil prices, and FII outflows pressure India.
Treasury yields rise as Middle East tensions and supply loom, markets await April US CPI
Written on May 12, 2026 at 12:53 pm, by josephine
Treasury yields rose as Middle East tensions and supply loomed; markets await April CPI impact on dollar.
