Monthly Archives: May 2026
For the second consecutive session, GBP/USD draws buyers, rising from its weekly low near 1.3510-1.3515

Written on May 6, 2026 at 2:58 pm, by davin
GBP/USD climbed to 1.3580 as US–Iran peace hopes weakened dollar, with quiet UK data ahead.
During Asian trading, EUR/USD climbs past 1.1700, supported by risk appetite after Trump halts Project Freedom
Written on May 6, 2026 at 2:28 pm, by davin
EUR/USD climbed near 1.1720 as risk sentiment improved, while traders awaited US ADP jobs data update.
The Australian Dollar rises after AiG Industry Index results, with AUD/USD near 0.7220 in Asian trade, continuing gains
Written on May 6, 2026 at 2:27 pm, by davin
AUD/USD rises near 0.7220 as markets await US ADP; Australian indexes improve; Gulf tensions persist after Iran.
China’s central bank set USD/CNY at 6.8562, versus 6.8628 previously and Reuters’ 6.8160 estimate
Written on May 6, 2026 at 1:58 pm, by davin
PBOC set USD/CNY midpoint at 6.8562, slightly stronger than Friday’s 6.8628, above Reuters 6.8160 estimate.
NZD/USD climbs above 0.5900, supported by US-Iran peace hopes, despite mixed New Zealand employment figures

Written on May 6, 2026 at 1:58 pm, by davin
NZD/USD rebounded above 0.5900 on upbeat sentiment, mixed NZ jobs data, softer USD amid Iran deal.
April’s South Korean monthly CPI growth matched forecasts, rising 0.5%, aligning exactly with market expectations

Written on May 6, 2026 at 1:28 pm, by davin
South Korea’s CPI rose 0.5% month-on-month in April, matching expectations and signaling near-term inflation trends.
South Korea’s annual consumer price index rose 2.6% in April, matching economists’ expectations

Written on May 6, 2026 at 1:27 pm, by davin
South Korea’s CPI rose 2.6% year-on-year in April, matching forecasts and signaling steady inflation momentum.
Copper Rises as Iran Peace Hopes Lift Metals

Written on May 6, 2026 at 1:17 pm, by casandra
The copper chart on VT Markets gains as Iran peace hopes, China demand and AI spending support industrial metals.
Statistics New Zealand reports unemployment at 5.3% in Q1 2026, beating forecasts and easing from 5.4%

Written on May 6, 2026 at 12:58 pm, by davin
New Zealand unemployment dips to 5.3% in Q1 2026; employment growth slows, participation eases, NZD rises.
USD/JPY climbs as intervention worries ease; steady Dollar supports buyers pushing towards 160.00, trading 157.91

Written on May 6, 2026 at 12:58 pm, by davin
USD/JPY climbed to 157.91 as dollar steadied; Japan’s yen support looms amid mixed US data.