Monthly Archives: May 2026
During the Asian session, gold dips on hawkish central banks, yet holds above $4,600 without strong selling
Written on May 4, 2026 at 6:23 am, by josephine
Gold holds above $4,600 as hawkish Fed, Middle East risks, stronger dollar weigh; traders await payrolls data.
Yen Jumps as Intervention Risk Returns
Written on May 4, 2026 at 6:17 am, by josephine
USD/JPY drops as Japan intervention risk, Hormuz tensions and RBA hike bets steer FX markets. | VT Markets
Indonesia’s monthly inflation eased to 0.13% in April, down from 0.41% previously
Written on May 4, 2026 at 5:55 am, by josephine
Indonesia’s month-on-month inflation eased in April, slowing to 0.13% from 0.41% previously.
With Middle East tensions around Hormuz, the US Dollar Index hovers near 98.20 in Asian trade
Written on May 4, 2026 at 5:53 am, by josephine
DXY held near 98.20 as Hormuz tensions rose; markets awaited April jobs report, forecast 73K.
During Asian trading, XAG/USD stays positive near $75.40 after dropping below $75.50 as demand eases
Written on May 4, 2026 at 5:28 am, by josephine
Silver dips after gap-up, trades near $75.40 as US–Iran talks ease safe-haven demand, raising inflation fears.
Amid looming Iran tensions, NZD/USD rebounds above 0.5900, eyeing 0.5925 ahead of NZ-US jobs data
Written on May 4, 2026 at 5:25 am, by josephine
NZD/USD climbs above 0.5900; Middle East tensions boost USD, RBNZ cautious hopes support kiwi; key resistance 0.5925.
As oil prices fall, the commodity-linked Canadian dollar weakens, lifting USD/CAD near 1.3590 in Asia
Written on May 4, 2026 at 5:23 am, by josephine
USD/CAD climbed near 1.3590 as oil slid, while Strait of Hormuz tensions tempered safe-haven demand.
RBNZ member Prasanna Gai says pre-emptive tightening needs strong synchronisation and an active coordination mechanism, without bias
Written on May 4, 2026 at 4:56 am, by josephine
RBNZ’s Gai says pre-emptive tightening needs strong synchronisation and coordination; no automatic tightening bias; NZD/USD rises.
Sterling rises slightly to around 1.3580; Middle East tensions curb gains, awaiting Friday’s US jobs report
Written on May 4, 2026 at 4:53 am, by josephine
GBP/USD edges up near 1.3580; Middle East tensions and Friday’s US jobs report may cap gains.
WTI rebounds above $98 after opening near $96.45; Hormuz concerns counterbalance OPEC+ increased output during Asia session
Written on May 4, 2026 at 4:26 am, by josephine
WTI rebounds near $96.45; Hormuz tensions, stalled US-Iran talks offset OPEC+ output hike and stronger dollar.
