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Monthly Archives: May 2026

India raises gold import duties and weighs bond tax cut as Hormuz tensions batter rupee

Written on May 15, 2026 at 8:58 am, by

India unveiled austerity measures, raising gold duties and weighing bond tax cuts to defend rupee lows.

Sterling Weakens as Starmer Turmoil Raises Fiscal Uncertainty; Commerzbank Sees EUR/GBP Higher

Written on May 15, 2026 at 8:56 am, by

UK political turmoil piles pressure on Starmer, weakening Pound; unclear fiscal plans lift uncertainty, Commerzbank sees EUR/GBP rising.

EUR/USD slides to 1.1650 as Warsh Fed pivot and oil-led inflation lift dollar

Written on May 15, 2026 at 8:28 am, by

EUR/USD near 1.1650 as dollar strengthens on inflation fears, Fed leadership shift, and oil-driven Euro pressures.

Sterling Slips as UK Political Turmoil and Risk-Off Mood Weigh on GBP/USD

Written on May 15, 2026 at 8:25 am, by

GBP/USD slid to 1.3365 as UK political turmoil and risk-off mood weakened Sterling despite mixed data.

GBP/JPY Slides Below 212 as UK Political Strains Weigh on Sterling, Yen Finds Support

Written on May 15, 2026 at 7:56 am, by

GBP/JPY slid below 212.00 as UK political turmoil hit sterling, while geopolitical risks supported yen demand.

Trump hails ‘fantastic’ Xi trade deals as fresh tariffs unsettle markets and pressure Australian dollar

Written on May 15, 2026 at 7:55 am, by

Trump touts “fantastic” Xi trade deals; says Iran talks progress, markets watch trade tensions, AUD slips.

USD/CHF Extends Five-Day Rise as Firm US Sales and Fed Shift Contrast with Swiss Deflation

Written on May 15, 2026 at 7:28 am, by

USD/CHF rises fifth day near 0.7850 as firmer dollar, Fed shift, Swiss deflation pressure Franc.

China urges swift reopening of Strait of Hormuz as WTI holds near $98 amid tensions

Written on May 15, 2026 at 7:25 am, by

China urges reopening Hormuz Strait and lasting ceasefire; says it benefits U.S., Iran, region; WTI steady.

Trump Sees Xi Leveraging Iran Influence as Oil Volatility Rises on Strait of Hormuz Risks

Written on May 15, 2026 at 6:58 am, by

Trump says Xi could influence Iran, offers negotiation help, keeping Strait of Hormuz open. He warns patience.

AUD/USD Slips as US-China Talks Loom, Fed Hawkishness and China Worries Pressure Aussie

Written on May 15, 2026 at 6:56 am, by

AUD/USD dips near 0.7205 as Trump-Xi talks loom; Iran and Taiwan tensions, hotter US inflation pressure Aussie.

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