Live Updates

5

May 2026
Risk aversion pushed GBP/USD down 0.35%, ending near 1.3530 after rejection at 1.3600 in choppy trade

GBP/USD fell to 1.3530 as BOE held rates; traders await US jobs data and key PMIs.

5

May 2026
AUD/USD retreats to about 0.7170 as traders await the RBA decision, after recent multi-year highs

AUD/USD slipped to 0.7170 ahead of RBA decision; markets price hike as US jobs data looms.

5

May 2026
After the US close, AMD, Super Micro and Navitas report, prompting markets to reassess AI rally continuation

AMD, SMCI and Navitas report May 5; options imply big moves, with AI-cloud results supporting volatility.

5

May 2026
MUFG’s Michael Wan says China invoked its 2021 Blocking Statute, countering US sanctions on five refineries

China invokes 2021 Blocking Statute, barring compliance with US refinery sanctions, raising legal risks for third parties.

5

May 2026
In April, Argentina’s month-on-month tax revenue plunged to 17B, down from 16071B previously

Argentina’s April tax revenue plunged to 17B from 16071B previously, signaling a sharp monthly decline.

5

May 2026
OCBC’s strategists say USD/SGD slipped into New York close, favouring sell-on-rallies amid softer Brent, USD/JPY

OCBC says USD/SGD dipped on oil and USD/JPY pullback; near-term two-way trade, sell rallies preference.

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