Monthly Archives: May 2026
Intervention fears restrain bulls, yet USD/JPY sustains levels above 157.00 after rebounding from mid-155.00s
Written on May 1, 2026 at 8:25 am, by josephine
USD/JPY rebounded to 157.55 as softer Tokyo inflation weakened yen; intervention risk capped gains, bearish technicals.
FXStreet data show gold prices in the United Arab Emirates declined, with values ending lower for buyers
Written on May 1, 2026 at 8:22 am, by josephine
UAE gold prices slipped Friday: AED 544.87 per gram and AED 6,355.23 per tola, FXStreet reports.
During Asian trading, GBP/JPY rises about 0.35% near 214.00 as the Yen surrenders intervention gains
Written on May 1, 2026 at 7:55 am, by josephine
GBP/JPY climbed near 214.00 as yen intervention gains faded; weak Japan CPI, possible BoE hikes lifted pound.
EUR/JPY hovers around 184.40 as the yen softens after mixed Tokyo inflation figures in Asian trading
Written on May 1, 2026 at 7:52 am, by josephine
EUR/JPY hovered around 184.40–184.50 as weaker yen and ECB steady rates offset Tokyo inflation surprises.
EUR/USD remains near 1.1735, as dollar weakness persists after suspected Japanese forex market intervention overnight
Written on May 1, 2026 at 7:25 am, by josephine
EUR/USD holds near 1.1735 as dollar weakens; traders await US PMI, ECB remarks, key levels watched.
During Asian hours, GBP/USD holds near 1.3610 as safe-haven flows boost the US Dollar amid conflict
Written on May 1, 2026 at 7:22 am, by josephine
GBP/USD held near 1.3610 as Middle East tensions boosted dollar demand; US inflation, GDP and BoE focus.
Australia’s year-on-year producer prices eased to 3% in Q1, down from 3.5% previously
Written on May 1, 2026 at 6:55 am, by josephine
Australia’s Producer Price Index eased to 3% year-on-year in Q1, down from 3.5% previously.
USD/JPY rebounds above 155 as softer Tokyo inflation and Iran tensions outweigh intervention warnings
Written on May 1, 2026 at 6:52 am, by josephine
USD/JPY rebounded to 157.25 as yen weakened, BoJ pause bets grew, and firmer dollar supported.
NZD/USD retreats towards 0.5900, as weaker April consumer confidence keeps the New Zealand Dollar subdued
Written on May 1, 2026 at 6:24 am, by josephine
NZD/USD fell to 0.5900 as weak NZ confidence and permits data, plus Middle East tensions, lifted USD.
China’s central bank set the USD/CNY daily fixing at 6.8628, up from 6.8608 previously
Written on May 1, 2026 at 6:22 am, by josephine
PBOC set USD/CNY fixing at 6.8628; manages exchange-rate stability via policy tools amid state oversight and reforms.