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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

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

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

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

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

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

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

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

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

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

New Zealand’s services sector improved in April, but PSI stayed below 50, signaling ongoing contraction.

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