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Monthly Archives: May 2026

USD/JPY Nears 160 as Fed Bets Hit Yen

Written on May 20, 2026 at 4:25 am, by

USD/JPY holds near 159 as Fed hike bets, oil risk, BOJ policy and intervention fears pressure the yen.

China’s April data expose consumer weakness as exports, tech and commodities underpin a two-speed economy

Written on May 20, 2026 at 2:20 am, by

China’s April 2026 data were mixed: weak consumption, slower output, but strong trade and rising inflation.

Silver slides as stronger dollar and rising US yields revive Fed rate-hike concerns

Written on May 20, 2026 at 1:52 am, by

Silver slid over 3.5% as stronger dollar, rising yields and Fed hike bets pressured prices amid Iran tensions.

China aluminium output hits record as inventories swell, boosting downside risks for prices

Written on May 19, 2026 at 8:51 pm, by

China’s aluminium output hits records, yet weak demand swells inventories; supply growth outpaces consumption despite higher exports.

Costco shares consolidate near $1,125 as bullish wave targets $1,149–$1,262 and $1,515

Written on May 19, 2026 at 5:53 pm, by

Costco (COST) remains bullish above $844.06; breakout over $1080 targets $1515+, with Elliott wave projections.

Canada CPI undershoots forecast, fuelling June Bank of Canada rate-cut bets and weighing loonie

Written on May 19, 2026 at 3:22 pm, by

Canada’s Consumer Price Index rose 0.4% in April, missing forecasts of 0.6% and signalling slower inflation.

Dollar Index edges higher as oil-driven inflation shifts Fed rate-cut bets; focus on FOMC minutes

Written on May 19, 2026 at 11:22 am, by

Dollar Index rebounds to 99.18 as rate-cut bets fade; inflation worries rise; focus shifts to Fed minutes.

Norwegian Krone Rally Fades as Oil Shock Eases and Focus Shifts to Rate Differentials

Written on May 19, 2026 at 10:49 am, by

Norwegian krone surged versus euro and dollar on Iran war-driven energy prices; manipulation claims weak, gains to persist.

AUD/USD Slides as Fed Tightening Bets, Weak Commodities and Dovish RBA Keep Pressure on

Written on May 19, 2026 at 10:22 am, by

AUD/USD hovered near 0.7130, pressured by stronger USD, geopolitical jitters, and bearish technical signals overall.

Asian Currencies Steady as Brent Retreats and US Yields Pause; Won Leads Rebound

Written on May 19, 2026 at 9:49 am, by

Asian currencies steadied after sell-off as Brent eased and Treasury yields paused; won led rebound.

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