Monthly Archives: May 2026
Gold steadies near $4,540 as Iran tensions and Fed rate risks keep traders on edge
Written on May 21, 2026 at 3:55 am, by josephine
Gold steady near $4,540 as US-Iran tensions, Hormuz risks and US PMI data keep markets cautious.
Australia’s manufacturing PMI slips to 50.2, raising risks for AUD and ASX-linked cyclicals
Written on May 21, 2026 at 3:53 am, by josephine
Australia’s S&P Global Manufacturing PMI fell to 50.2 in May from 51.3, signaling near-stagnant conditions.
Australia PMI slips as services contract, yet Aussie dollar rises on softer US inflation
Written on May 21, 2026 at 3:51 am, by josephine
Australia’s May PMIs weakened: manufacturing 50.3, services 47.7, composite 47.8; AUD/USD rose to 0.7150.
Sterling Holds Near 1.3450 as US Dollar Softness Offsets Cooling UK Inflation and Dovish BoE
Written on May 21, 2026 at 3:49 am, by josephine
UK inflation slowed, yet sterling rose near 1.3450 on dollar weakness; PMIs and retail sales awaited.
New Zealand Export Surge Boosts NZ Dollar Outlook as Markets Price Higher-for-Longer RBNZ Rates
Written on May 21, 2026 at 3:47 am, by josephine
New Zealand exports rose to $8.62b in April from $7.94b, increasing by $0.68b overall.
New Zealand April Imports Slide to $6.7bn, Adding Pressure for RBNZ Dovish Pivot
Written on May 21, 2026 at 2:20 am, by josephine
New Zealand’s imports fell to $6.7b in April, down $0.55b from $7.25b previously.
Yen edges higher on broad dollar pullback as USD/JPY holds near 159 and eyes 160
Written on May 21, 2026 at 2:17 am, by josephine
Yen ended slightly firmer as dollar softened; USD/JPY held near 159, with 158 support and inflation awaited.
Silver’s bullish harami eyes $80 break as industrial demand and subdued dollar underpin prices
Written on May 21, 2026 at 1:49 am, by josephine
Silver rose over 3%, forming bullish harami; confirmation above $78.88 targets $80-$81, downside $73-$70.
NZD/USD edges up as US-Iran talks lift risk appetite, despite Fed caution on rate cuts
Written on May 21, 2026 at 1:47 am, by josephine
NZD/USD neared 0.5870 as USD softened on improved risk sentiment, US-Iran talks, and cautious Fed minutes.
Dollar eases on risk-on mood as Fed stays cautious; oil and gold pull back amid shifting drivers
Written on May 21, 2026 at 1:19 am, by josephine
Dollar dips as risk appetite improves; Fed cautious on cuts; US–Iran talks progress; majors rise, gold surges.