Live Updates

8

May 2026
GBP/JPY edges higher as weak yen, high oil and yield gap support carry trade

GBP/JPY climbed to 213.31 as weak Yen, high oil prices, and rate gaps supported gains.

8

May 2026
TD Securities Sees April US CPI Accelerating, While Markets Brace for Higher-for-Longer Fed Rates

TD Securities forecasts April US CPI rising: core 0.38% m/m (2.8% y/y); headline 0.56% (3.7%).

8

May 2026
US jobs cool as inflation stays sticky, leaving Federal Reserve outlook uncertain and volatility trades favoured

April US payrolls beat forecasts at 115K; unemployment stayed 4.3%, participation dipped, wages rose 3.6%. Dollar fell.

8

May 2026
Canada jobless rate climbs to 6.9% as employment falls, weighing on the Canadian Dollar

Canada’s unemployment rose to 6.9% in April; jobs fell 17.7K, wages cooled; USD/CAD stayed firm.

8

May 2026
Sterling Rallies as Risk Appetite Holds, Markets Eye US Payrolls and Bank of England Signals

Sterling gained in Europe as risk appetite improved on US–Iran ceasefire hopes, ahead of key US jobs data.

8

May 2026
Trade Deficit Drive Weighs on Dollar as Steady Jobs Data Keeps Currency Range-Bound

Narrowing US trade deficit may reduce dollar recycling into securities, weighing on USD; jobs and sentiment awaited.

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