Live Updates

    6 May 2026
    Canada’s Ivey PMI surge challenges BoC cut bets, supporting Canadian dollar and TSX upside

    Canada’s April Ivey PMI surged to 57.7, beating the 49.9 forecast and signaling economic expansion.

    6 May 2026
    USD/CAD Holds Steady as Softer Oil Offsets Risk Mood; BoC Briefing and 1.35 Support in Focus

    USD/CAD steady as oil slips, risk appetite improves; BoC testimony looms, technicals keep bearish bias.

    6 May 2026
    Societe Generale sees yen undervalued, warns crowded carry trades as Japan eyes USD/JPY pullback

    Societe Generale says yen is undervalued; carry trades persist, but intervention risks could push USD/JPY lower.

    6 May 2026
    USD/CHF slides as US–Iran détente lifts risk appetite and Swiss inflation strengthens franc

    USD/CHF slipped near 0.7790 as risk appetite rose on US–Iran progress and higher Swiss inflation.

    6 May 2026
    UK gilts sell off as election uncertainty lifts yields and keeps sterling volatility elevated

    UK gilt yields jumped 10–12bp, driven by political uncertainty and election risks, pressuring sterling.

    6 May 2026
    USD/CAD treads water as US-Iran deal optimism weighs on dollar and oil hits loonie

    USD/CAD hovered near 1.3608 as US-Iran deal hopes hit dollar; oil slump pressured Canada’s loonie.

    6 May 2026
    Warsh Fed chair prospect flags dovish tilt, balance-sheet shrinkage and dollar downside risks

    Commerzbank says Kevin Warsh could reshape Fed policy, shrinking balance sheet, cutting rates, impacting dollar independence.

    6 May 2026
    NZD/USD Nears 0.6000 as US Dollar Weakens; Markets Reassess RBNZ Tightening Path

    NZD/USD nears 0.6000 as dollar weakens; mixed NZ jobs, easing inflation, markets price RBNZ hikes ahead.

    6 May 2026
    ADP Shows 109,000 April Private Payroll Gain as Dollar Index Slips Below 98 in Risk-On Trade

    ADP: US private employers added 109K jobs in April, topping forecasts; March revised down; dollar weak.

    6 May 2026
    New Zealand dollar jumps as US-Iran peace talk reports lift risk appetite, NZ jobs beat

    NZD/USD jumps 1.5% on US-Iran peace deal hopes, strong NZ jobs; markets await ADP payrolls.

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