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Live Updates

7

May 2026
Dollar slips as yields fall and Fed faces inflation-jobs split, boosting options demand

Dollar weakens as yields drop and stocks hit highs; mixed data complicates Fed cuts; oil eases.

7

May 2026
USD/JPY Holds Below 156 as Yen Intervention Risk and BoJ Outlook Offset Weak Dollar

USD/JPY held near mid-156s as yen intervention fears, BoJ outlook, and US-Iran headlines pressured dollar.

7

May 2026
Gold steadies near $5,150 as Middle East tensions and Fed hawkishness drive volatility bids

Gold hits one-week high near $4,700 as US-Iran peace hopes ease inflation; markets await US jobs report.

7

May 2026
Sterling rises on firmer UK PMIs as traders weigh US jobs strength and shifting geopolitics

GBP/USD gained 0.4% to 1.3595 as UK PMIs beat forecasts; geopolitics and US jobs data awaited.

7

May 2026
Societe Generale flags weakening Indonesian fiscal outlook, keeping bearish rupiah view amid external deficit pressures

SocGen warns Indonesia’s early-2026 front-loaded spending weakens fiscal balance, raising funding needs; remains bearish rupiah.

7

May 2026
Dollar Index drifts towards 98 as US-Iran deal hopes curb oil fears, jobs data limits losses

Dollar index nears 98; strong ADP limits losses as US-Iran deal hopes lift risk, pressure oil, boost gold.

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