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Amid Hormuz tensions and Iran threats, the US Dollar strengthens, pushing GBP/USD down to 1.3531

GBP/USD slid to 1.3531 as Hormuz tensions and higher oil boosted the dollar; markets await US data.
Written on May 5, 2026 at 5:58 am
Categories: Live Updates
Ahead of the RBA policy decision, AUD/USD hovers around 0.7190, with Middle East tensions capping gains

AUD/USD hovers near 0.7190 pre-RBA decision; expected 25bp hike, fragile risk sentiment, key levels monitored.
Written on May 5, 2026 at 5:57 am
Categories: Live Updates
Following suspected Japanese intervention, USD/JPY hovers near 157.00, recovering from an Asian-session dip to 155.71

USD/JPY near 157 after dip; intervention chatter grows as Japan signals readiness amid dollar-supporting risks.
Written on May 5, 2026 at 5:28 am
Categories: Live Updates
Societe Generale’s Kunal Kundu says India’s March IIP rose 4.1%, easing, as core sectors fell, power softened

India’s March IIP grew 4.1%, core sector contracted; manufacturing rose, while disruptions may hit MSMEs later.
Written on May 5, 2026 at 5:27 am
Categories: Live Updates
TD Securities economists expect the Federal Reserve to hold rates until September, tracking Iran conflict, inflation

TD Securities expects Fed holds until September; Iran conflict, energy inflation, FOMC divisions may delay cuts.
Written on May 5, 2026 at 4:58 am
Categories: Live Updates
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