Monthly Archives: May 2026
Oil-backed Canadian dollar caps USD/CAD recovery, keeping pair stable near 1.3600 amid mild risk aversion
Written on May 5, 2026 at 3:23 pm, by josephine
USD/CAD dips to 1.3615 as US-Iran tensions support dollar, while high oil supports Canadian dollar.
BBH’s Elias Haddad says Swiss inflation was mixed: energy lifted headline, while core fell markedly to lows
Written on May 5, 2026 at 2:57 pm, by josephine
Switzerland’s April CPI was mixed: headline rose to 0.6%, core hit multi-year low, easing SNB hike bets.
The US dollar strengthens as hawkish Fed expectations, rising oil and Gulf tensions underpin short-term rates, aiding DXY
Written on May 5, 2026 at 2:53 pm, by josephine
Hawkish Fed and elevated oil prices lift short-dated US rates, supporting dollar as DXY targets 99–99.50.
TD Securities says AUD/USD upside fades as RBA hikes 25bps to 4.35%, Bullock hints pausing
Written on May 5, 2026 at 2:27 pm, by josephine
RBA hikes 25bp to 4.35% on 8–1 vote; AUD constructive, AUD/NZD eyeing 1.24; US data resilient.
NBC strategists Marion and Dahms expect euro gains despite geopolitical risk, energy costs, and weak growth ahead
Written on May 5, 2026 at 2:23 pm, by josephine
NBC sees euro uneven near-term on geopolitical risks, high energy prices, weak growth; modest year-end gains expected.
Societe Generale strategists observe AUD/USD retreating as the RBA lifted rates to 4.35% then paused
Written on May 5, 2026 at 1:56 pm, by josephine
AUD/USD dips below 0.7150 as RBA hikes to 4.35% but signals pause; key supports remain.
Spain’s 12-month Letras auction yield rose to 2.635%, up from the prior reading of 2.611%
Written on May 5, 2026 at 1:53 pm, by josephine
Spain’s 12-month Letras auction yield climbed to 2.635%, rising 0.024 points from the prior 2.611%.
Spain’s six-month Letras yield eased to 2.357%, slipping slightly from the prior 2.362% at auction
Written on May 5, 2026 at 1:26 pm, by josephine
Spain’s Treasury sold six-month Letras bills at 2.357% yield, down 0.005 points from prior auction.
Commerzbank’s Pfister expects sterling’s recent gains to fade, amid BoE rate uncertainty and political risks
Written on May 5, 2026 at 1:23 pm, by josephine
Commerzbank warns sterling’s rally may fade as BoE rate expectations and UK political risks shift soon.
Commerzbank says the RBA raised rates to 4.35%, prioritising inflation risks, but the Australian dollar stayed weak
Written on May 5, 2026 at 12:56 pm, by josephine
RBA lifts rates to 4.35%, prioritizing inflation risks; forecasts higher inflation, lower growth, threatening AUD weakness.
