Monthly Archives: May 2026
PBOC Sets Weaker USD/CNY Fix, Reinforcing Expectations of Further Yuan Depreciation
Written on May 18, 2026 at 2:23 am, by josephine
PBOC set USD/CNY fix at 6.8435, outlines policy goals, governance, tools, and China’s private banks landscape.
USD/JPY nears 159 as hawkish Fed, Hormuz disruption and BoJ pressure weigh on yen
Written on May 18, 2026 at 1:53 am, by josephine
USD/JPY rose near 158.90 as hawkish Fed, geopolitical risks, rising oil, and BoJ tightening expectations boosted dollar.
WTI hits two-week high near $102 as Iran tensions fuel supply fears, dollar firms
Written on May 18, 2026 at 1:25 am, by josephine
WTI hit a two-week high near $102.30 as US-Iran tensions and stronger dollar shaped prices.
EUR/USD slips towards 1.1615 as US–Iran tensions boost dollar ahead of Eurozone, US PMIs
Written on May 18, 2026 at 1:23 am, by josephine
EUR/USD slips to 1.1615 as US–Iran tensions boost dollar; traders await Eurozone and US PMI data.
Gold slips towards $4,535 as Iran tensions lift inflation fears and push Fed hike bets higher
Written on May 18, 2026 at 12:55 am, by josephine
Gold slipped to $4,535 as Middle East tensions and higher US rate expectations reduced demand.
Rightmove house price growth accelerates, fuelling rate-cut doubts and sterling upside potential
Written on May 18, 2026 at 12:53 am, by josephine
Rightmove reports UK asking house prices rose 1.2% in May, accelerating from April’s 0.8% increase.
Rightmove index shows UK house price falls easing, bolstering sterling and shifting rate-cut bets
Written on May 18, 2026 at 12:25 am, by josephine
UK Rightmove House Price Index improved in May, rising year-on-year to -0.3% from -0.9%, easing decline.
AUD/USD Holds Near 0.7150 as Traders Weigh China Data, Fed Hike Odds and Hormuz Risks
Written on May 18, 2026 at 12:23 am, by josephine
AUD/USD dips near 0.7150; traders eye China data, Fed hike odds rise, tensions boost dollar sentiment.
Trump warns Iran as talks stall, raising hedging demand across oil, equities and gold markets
Written on May 17, 2026 at 11:55 pm, by josephine
Trump warns Iran deadline looms as talks stall, plans Netanyahu call; Iranian media cite no US concessions.
New Zealand services PMI rises in April but stays in contraction, complicating RBNZ rate-cut bets
Written on May 17, 2026 at 11:53 pm, by josephine
New Zealand’s services sector improved in April, but PSI stayed below 50, signaling ongoing contraction.