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20

May 2026
PBOC Holds Loan Prime Rates as AUD/USD Slips Amid Cautious Outlook on China Growth

PBOC holds China Loan Prime Rates steady: one-year 3.00%, five-year 3.50%; AUD/USD slips 0.14%.

20

May 2026
USD/JPY Steadies Near 159 as Japan Intervention Risk Caps Gains Amid Iran Tensions

USD/JPY held near 159.05 as intervention fears persisted; traders watched US-Iran tensions and Japan’s CPI.

20

May 2026
Philadelphia Fed’s Paulson favours steady rates, flags elevated inflation risks and potential hikes

Paulson favors holding rates; cuts require sustained inflation progress, stable jobs. Hikes possible if growth strengthens.

20

May 2026
Gold slides towards $4,480 as surging US Treasury yields outweigh Hormuz-driven inflation fears

Gold slid near $4,480 as surging U.S. Treasury yields and persistent inflation worries boosted rate-hike expectations.

20

May 2026
WTI steadies above $103 as Trump delays Iran strike and Hormuz closure squeezes supply

Trump paused Iran strike; Hormuz still mostly closed, NATO deadline looms, API shows big draw; WTI rebounds above $103.

20

May 2026
Sterling slips as mixed UK jobs data and softer inflation outlook put BoE cuts in focus

Mixed UK jobs data lifted unemployment to 5%, pressuring GBP/USD; eyes on CPI, PMI, retail sales.

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