Monthly Archives: May 2026
USD/CAD holds firm as softer Canadian inflation dents July BoC hike bets, Fed outlook supports dollar
Written on May 20, 2026 at 4:19 pm, by josephine
USD/CAD climbed to 1.3772 as BoC July hike odds fell; markets awaited Fed minutes, bullish signals.
EUR/GBP slides as UK inflation outpaces Eurozone, fuelling BoE-ECB policy divergence
Written on May 20, 2026 at 4:17 pm, by josephine
EUR/GBP hovered above 0.8655 as bearish momentum persisted; inflation data offered limited support; key support/resistance levels.
Euro pressured as ECB cut bets rise, Fed stays hawkish; EUR/USD downside options in focus
Written on May 20, 2026 at 3:57 pm, by josephine
Euro slides to six-week low as oil tops $100; Eurozone inflation rises, eyes on Fed minutes.
Indian rupee hovers near record lows as oil above $100 and US yields lift USD/INR
Written on May 20, 2026 at 3:54 pm, by josephine
Indian Rupee hovered near record lows as rising oil prices, Iran tensions, and yields supported USD/INR.
Gold slips below $4,500 as firmer dollar and hawkish Fed minutes outlook weigh
Written on May 20, 2026 at 3:50 pm, by josephine
Gold hovers near seven-week lows as strong dollar, higher yields, and Fed minutes keep pressure.
Dollar buoyed by rising US yields as markets await hawkish tilt in late-April Fed minutes
Written on May 20, 2026 at 3:47 pm, by josephine
Dollar strengthens as US yields rise; Fed minutes awaited amid tighter tone, inflation risks, and potential rate hikes.
Silver climbs to $75.29 as gold-silver ratio eases, with rates and dollar in focus
Written on May 20, 2026 at 2:50 pm, by josephine
Silver jumps 2.15% to $75.29; Gold/Silver ratio dips as dollar, rates, and industrial demand drive prices.
Gold slides below 50-day average as $4,350 support and $4,100 downside come into focus
Written on May 20, 2026 at 2:47 pm, by josephine
Gold remains bearish below 50-DMA; 200-DMA support near $4,350 risks break toward $4,100; resistance $4,685–$4,775.
Soft UK CPI and firmer PPI muddy Bank of England outlook as labour slack grows
Written on May 20, 2026 at 2:21 pm, by josephine
UK inflation dips as services cool; PPI surprises higher, muddying BoE outlook amid softening labour market.
AUD/USD rebounds from April low as strong dollar and Iran tensions curb upside
Written on May 20, 2026 at 2:17 pm, by josephine
AUD/USD rebounded from 0.7085 lows, but firm US Dollar and geopolitical risks capped gains ahead Fed minutes.