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Monthly Archives: May 2026

US dollar slips as Iran deal hopes hit oil, yen intervention and China data lift risk currencies

Written on May 6, 2026 at 10:26 pm, by

US-Iran peace hopes and lower Brent prices pressured the dollar; USD/JPY fell on intervention, China data boosted AUD/NZD.

USD/SEK Slides as Sweden’s Disinflation Locks in Riksbank Hold and Supports Krona Real Yields

Written on May 6, 2026 at 9:59 pm, by

USD/SEK drops on broad dollar weakness as softer Swedish inflation dampens Riksbank hike expectations, supporting krona.

EUR/JPY Slips as Intervention Fears Lift Yen While Eurozone Inflation Stays Firm Amid Weak Growth

Written on May 6, 2026 at 9:28 pm, by

EUR/JPY fell near 183.50 as yen demand rose on intervention fears; Eurozone producer inflation jumped sharply.

Canada’s Ivey PMI surge challenges BoC cut bets, supporting Canadian dollar and TSX upside

Written on May 6, 2026 at 8:25 pm, by

Canada’s April Ivey PMI surged to 57.7, beating the 49.9 forecast and signaling economic expansion.

Societe Generale sees yen undervalued, warns crowded carry trades as Japan eyes USD/JPY pullback

Written on May 6, 2026 at 6:58 pm, by

Societe Generale says yen is undervalued; carry trades persist, but intervention risks could push USD/JPY lower.

UK gilts sell off as election uncertainty lifts yields and keeps sterling volatility elevated

Written on May 6, 2026 at 6:28 pm, by

UK gilt yields jumped 10–12bp, driven by political uncertainty and election risks, pressuring sterling.

Italy Retail Sales Growth Accelerates to 3.7% in March, Supporting Equities and the Euro

Written on May 6, 2026 at 11:57 am, by

Italy’s non-seasonally adjusted retail sales rose 3.7% year-on-year in March, accelerating from 1.6% previously.

Tech-led rally lifts S&P 500 and Nasdaq to record highs as chipmakers power gains

Written on May 6, 2026 at 10:28 am, by

Tech-led rally lifts S&P 500 and Nasdaq to records; semiconductors surge; AMD jumps 16% after-hours.

S&P 500 Climbs on AI and Iran Peace Hopes

Written on May 6, 2026 at 9:52 am, by

SP500 rises as Iran peace hopes, AMD guidance and AI demand lift risk appetite.

High Oil And Strong Jobs Keep Fed Rate Cut Bets Under Pressure

Written on May 6, 2026 at 9:21 am, by

Oil prices and US labour data are pulling markets into a tighter Fed pricing debate, with clear implications for the US dollar, gold, equities, and energy-linked assets.

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