Monthly Archives: May 2026
USD/JPY drifts towards 156.60 as Middle East tensions lift yen and cap dollar rallies
Written on May 9, 2026 at 1:59 am, by josephine
USD/JPY dips near 156.60 as Yen demand rises on Middle East tensions; US data mixed.
Gold edges higher as softer dollar and easing yields offset robust US jobs, Middle East risks in focus
Written on May 9, 2026 at 1:56 am, by josephine
Gold climbed 0.75% near $4,711 as ceasefire hopes, softer dollar and yields offset strong jobs.
Wells Fargo Sees US CPI Firm, Reinforcing Higher-for-Longer Rates as Energy and Services Bite
Written on May 9, 2026 at 1:53 am, by josephine
Wells Fargo sees April CPI firming: headline 3.8%, core 2.9%, with elevated energy and shelter.
Nomura Warns Iran War May Keep UK Inflation High, Complicating Rates as Growth Stalls
Written on May 9, 2026 at 12:56 am, by josephine
Nomura warns Iran war may keep UK inflation elevated until 2027, weakening growth, boosting Reform support.
USD/CHF Holds Near 0.9080 as Fed-SNB Policy Gap Lifts Dollar Ahead of US PPI
Written on May 9, 2026 at 12:53 am, by josephine
USD/CHF neared two-month lows amid broad dollar weakness, Middle East tensions, and mixed US jobs data.
US oil rig count edges up to 410, reinforcing range-bound WTI and subdued crude volatility
Written on May 9, 2026 at 12:25 am, by josephine
Baker Hughes said US oil rigs totaled 410, slightly beating forecasts of 409, signaling marginally stronger drilling activity.
Gold steadies near $4,714 as US payrolls beat forecasts and Middle East risks linger
Written on May 9, 2026 at 12:23 am, by josephine
Gold steady near $4,714 after jobs data; weaker dollar, oil risks support weekly gain; resistance $5,000.
Dow futures steady ahead of CPI as jobs beat, sentiment slumps and Iran risks favour volatility trades
Written on May 8, 2026 at 11:26 pm, by josephine
DJIA futures rose on stronger jobs data; big-tech up, small caps sank; Iran tensions lingered; CPI awaits.
Century Aluminium shares drift as technicians eye $53 support and $65–$68 resistance amid softer aluminium prices
Written on May 8, 2026 at 11:23 pm, by josephine
Century Aluminium shares reversed from early-April highs; support at $53.25/$51.13, resistance at $65.61/$68.29.
EUR/USD jumps on Hormuz fears despite strong US jobs, as shifting fundamentals favour dollar rebound
Written on May 8, 2026 at 10:55 pm, by josephine
EUR/USD climbs near 1.1775 as Middle East tensions rise; strong US jobs fail to lift dollar.