Monthly Archives: May 2026

Euro weakens amid risk-off mood and Middle East tensions, dragging EUR/CAD towards 1.5900 in Asia

Written on May 1, 2026 at 5:54 pm, by

EUR/CAD slips near 1.5920 as Middle East tensions trigger risk-off, weaker euro and stronger oil-backed Canadian dollar.

During early European trade, WTI slips near $102.40 as a firmer dollar offsets Iran risk support

Written on May 1, 2026 at 5:53 pm, by

WTI slipped to $102.40 as dollar strengthened; Middle East tensions and Hormuz closure limited losses, supporting prices.

Agnico Eagle Mines posts March-quarter results: revenue reaches $4.1bn, while EPS rises to $3.40 year-on-year

Written on May 1, 2026 at 5:24 pm, by

Agnico Eagle Q1 2026 revenue rose 66% to $4.1B; EPS $3.40 beat estimates on higher metal prices.

Nationwide’s UK seasonally adjusted monthly house prices rose 0.4%, beating expectations for a 0.3% fall

Written on May 1, 2026 at 5:23 pm, by

UK Nationwide seasonally adjusted house prices rose 0.4% month-on-month in April, beating forecasts of a 0.3% fall.

Britain’s Nationwide annual house prices rose 3% in April, surpassing forecasts of 2.2% year-on-year

Written on May 1, 2026 at 4:54 pm, by

UK Nationwide house prices rose 3% year-on-year in April, beating expectations and exceeding the 2.2% forecast.

Amid Middle East conflict, GBP/USD remains steady near 1.3610 as safe-haven demand lifts the US Dollar

Written on May 1, 2026 at 4:53 pm, by

GBP/USD hovered near 1.3610 as dollar gains on Middle East fears followed pair’s sharp rebound Thursday.

FXStreet-compiled data reports Saudi gold prices declined, with bullion falling during Friday’s trading session

Written on May 1, 2026 at 4:24 pm, by

Saudi gold prices dipped Friday: SAR 556.34/gram and SAR 6,489.03/tola, per FXStreet data update.

According to compiled data, gold prices in the Philippines declined, reflecting a fall in local rates

Written on May 1, 2026 at 4:23 pm, by

Philippine gold prices fell Friday: PHP 9,091.70/gram and PHP 106,045.50/tola, FXStreet data showed.

Intervention fears restrain bulls, yet USD/JPY sustains levels above 157.00 after rebounding from mid-155.00s

Written on May 1, 2026 at 3:54 pm, by

USD/JPY rebounded to 157.55 as softer Tokyo inflation weakened yen; intervention risk capped gains, bearish technicals.

FXStreet data show gold prices in the United Arab Emirates declined, with values ending lower for buyers

Written on May 1, 2026 at 3:53 pm, by

UAE gold prices slipped Friday: AED 544.87 per gram and AED 6,355.23 per tola, FXStreet reports.

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