Monthly Archives: May 2026
Societe Generale sees yen undervalued, warns crowded carry trades as Japan eyes USD/JPY pullback
Written on May 6, 2026 at 6:56 pm, by josephine
Societe Generale says yen is undervalued; carry trades persist, but intervention risks could push USD/JPY lower.
USD/CHF slides as US–Iran détente lifts risk appetite and Swiss inflation strengthens franc
Written on May 6, 2026 at 6:53 pm, by josephine
USD/CHF slipped near 0.7790 as risk appetite rose on US–Iran progress and higher Swiss inflation.
UK gilts sell off as election uncertainty lifts yields and keeps sterling volatility elevated
Written on May 6, 2026 at 6:26 pm, by josephine
UK gilt yields jumped 10–12bp, driven by political uncertainty and election risks, pressuring sterling.
USD/CAD treads water as US-Iran deal optimism weighs on dollar and oil hits loonie
Written on May 6, 2026 at 6:23 pm, by josephine
USD/CAD hovered near 1.3608 as US-Iran deal hopes hit dollar; oil slump pressured Canada’s loonie.
Warsh Fed chair prospect flags dovish tilt, balance-sheet shrinkage and dollar downside risks
Written on May 6, 2026 at 5:55 pm, by josephine
Commerzbank says Kevin Warsh could reshape Fed policy, shrinking balance sheet, cutting rates, impacting dollar independence.
NZD/USD Nears 0.6000 as US Dollar Weakens; Markets Reassess RBNZ Tightening Path
Written on May 6, 2026 at 5:53 pm, by josephine
NZD/USD nears 0.6000 as dollar weakens; mixed NZ jobs, easing inflation, markets price RBNZ hikes ahead.
ADP Shows 109,000 April Private Payroll Gain as Dollar Index Slips Below 98 in Risk-On Trade
Written on May 6, 2026 at 5:26 pm, by josephine
ADP: US private employers added 109K jobs in April, topping forecasts; March revised down; dollar weak.
New Zealand dollar jumps as US-Iran peace talk reports lift risk appetite, NZ jobs beat
Written on May 6, 2026 at 5:23 pm, by josephine
NZD/USD jumps 1.5% on US-Iran peace deal hopes, strong NZ jobs; markets await ADP payrolls.
ADP jobs rise beats forecasts, fuelling bets on Fed rate cuts and easing dollar outlook
Written on May 6, 2026 at 4:56 pm, by josephine
ADP said April US employment rose 109K, beating the 99K forecast by 10K, with no added details.
Sterling rises as US-Iran détente dents dollar, while trade tensions and policy divergence lift volatility
Written on May 6, 2026 at 4:53 pm, by josephine
GBP/USD climbed to 1.3630 as dollar weakened with easing safe-haven demand amid US-Iran diplomatic progress.