Monthly Archives: May 2026
Sri Lanka central bank lifts rates 100bps, signals further tightening to curb inflation and support rupee

Written on May 27, 2026 at 11:17 am, by davin
CBSL hiked rates 100bps to curb inflation and support LKR; markets price further hikes amid oil risks.
Australian dollar steadies near 0.7170 as Australia CPI looms, geopolitical risks weigh

Written on May 27, 2026 at 11:17 am, by davin
AUD/USD steadies near 0.7170 as markets await Australia’s CPI; options strategies target post-data volatility and key levels.
SOX near final rally target as Elliott Wave signals peak risk and potential pullback to 9,600

Written on May 27, 2026 at 10:47 am, by davin
SOX’s RSI/Elliott-wave roadmap implies a final push toward 13,400–14,000, then reversal risk toward 9,600.
Dell shares rebound after Elliott Wave (2) low, AI server growth underpins further upside

Written on May 27, 2026 at 10:17 am, by davin
Dell rebounds from key $66.34 support, surges 170%, eyes further Wave V upside amid AI server growth.
Singapore Q1 GDP upgrade lifts outlook, yet USD/SGD stays rangebound amid global headwinds

Written on May 27, 2026 at 9:17 am, by davin
Singapore Q1 GDP revised to 6.0%, but USD/SGD stays rangebound amid headwinds and resilient dollar.
USD/JPY Reclaims 159 After 50-Day Support Bounce, but Intervention Risk Caps Upside

Written on May 27, 2026 at 9:16 am, by davin
USD/JPY bounced above 159.00, but intervention risk caps gains; options and volatility strategies favored near 160.00.
Gold tumbles as dollar firms on Iran tension, with Fed bet and Core PCE in focus

Written on May 27, 2026 at 8:48 am, by davin
Gold drops 1.6% as dollar strengthens after Iran strikes; oil falls, volatility rises, focus shifts to Core PCE.
AUD/USD Range-Bound as Dollar Firms; Traders Eye Australia Inflation and RBA Outlook Amid Middle East Tensions

Written on May 27, 2026 at 8:47 am, by davin
AUD/USD stayed range-bound as USD strengthened on Iran tensions; focus shifts to Australia inflation and RBA outlook.
India’s WPI surge widens gap with CPI as oil costs threaten inflation pass-through

Written on May 27, 2026 at 8:18 am, by davin
India caps fuel pass-through, containing CPI, but surging WPI signals looming spillover, driving hawkish RBI, volatility.
MUFG Warns Political and Energy Shocks Could Push USD/TRY Towards 50.500 by Year-End

Written on May 27, 2026 at 8:17 am, by davin
MUFG warns Turkish lira faces downside: politics, energy shock, thin reserves may drive USD/TRY toward 50.5.