Live Updates

    6 May 2026
    With oil easing, USD/CAD hovers near 1.3620, staying below 1.3700 as bears dominate trading

    USD/CAD held rangebound as oil dipped and dollar firmed; traders await jobs data, technicals remain bearish.

    6 May 2026
    OCBC strategists say Asian currencies weakened as rising oil prices sparked by Middle East tensions rattled markets

    Asian currencies fell as Middle East tensions lifted oil prices, boosting inflation risks and strengthening US dollar.

    5 May 2026
    EUR/USD strengthens as softer US data and lower gas costs reduce Treasury yields, pressuring the dollar

    Euro rises near 1.1700 as oil dips drag US yields; Middle East risks, ECB/Fed rate outlooks watched.

    5 May 2026
    US equities rise above 49,000 as easing oil and upbeat Q1 results suggest profits lead market gains

    US stocks climbed as oil slid; earnings beat forecasts, Intel surged, jobs data mixed ahead of payrolls.

    5 May 2026
    New Zealand’s GDT Price Index rose 1.5%, reversing the prior decline of 2.7%

    New Zealand’s GDT Price Index rose 1.5% in latest auction, reversing a 2.7% decline previously.

    5 May 2026
    AUD/USD climbs towards 0.7190 as post-RBA rate hike momentum grows, while US Dollar weakens

    AUD/USD nears 0.7190 as RBA hikes to 4.35%; markets weigh data-dependent outlook and softer US indicators.

    5 May 2026
    Sterling climbs 0.20% versus dollar as tenuous US-Iran truce boosts risk-taking, lowers oil and USD

    GBP/USD climbs to 1.3560 as ceasefire boosts risk sentiment, easing dollar; UK yields surge, rate expectations shift.

    5 May 2026
    Standard Chartered says RBA held at 4.35%; Bullock softened hawkishness, yet H2 hike risk persists if growth stays strong

    Standard Chartered says RBA raised cash rate to 4.35%, flagged inflation upside risks; hikes possible later.

    5 May 2026
    Amid Persian Gulf tensions, they say Europe’s TTF gas benchmark rose to its highest since April, underpricing risk

    TTF gas jumped on Persian Gulf tensions; April EU LNG imports eased, storage rose, markets underpricing disruptions.

    5 May 2026
    Scotiabank strategists say EUR stays level against USD, as EUR/USD ranges amid inflation fears and hawkish ECB stance

    EUR/USD stayed range-bound as ECB hawkishness offset mixed sentiment, with technicals neutral and downside risks rebuilding.

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