Monthly Archives: May 2026
Rupee holds near record low as India hikes gold duties and oil, US inflation support dollar

Written on May 13, 2026 at 9:23 pm, by davin
Rupee stays flat near record 95.70 as India hikes gold duties; oil, inflation strengthen dollar.
Silver eases after year-to-date surge as solar demand and Fed rate-cut bets support prices

Written on May 13, 2026 at 9:22 pm, by davin
Silver slips to $86.28/oz; up 21% YTD as Gold/Silver ratio edges lower amid demand factors.
Australian dollar steadies near $0.7240 as budget boosts RBA hike bets, US-China talks loom
Written on May 13, 2026 at 8:53 pm, by davin
Australian Dollar climbed as markets bet on RBA rate hike after budget; US-China meeting watched closely.
India’s April inflation undershoots forecasts as food prices rise and RBI easing looks set to fade

Written on May 13, 2026 at 8:52 pm, by davin
India’s April CPI rose 3.5%, undershooting forecasts; food inflation climbed, while core prices held steady.
Gold steadies near $4,950 as rate-cut bets and geopolitical risks lift appetite for bullion

Written on May 13, 2026 at 8:23 pm, by davin
Gold hovers near $4,700; stronger dollar, rising yields, and geopolitical tensions pressure prices as traders await data.
GBP/USD Selling Eases as Starmer Leadership Jitters Persist; Traders Eye 1.3482 Support

Written on May 13, 2026 at 8:22 pm, by davin
GBP/USD selling eases; Starmer leadership challenge risk persists. SocGen sees support 1.3482/1.3420, resistance 1.3660.
USD/JPY Eyes Gains Below 157.95 as Rate Gap and Intervention Risks Drive Volatility

Written on May 13, 2026 at 7:52 pm, by davin
USD/JPY swung sharply, closing 157.61; modest upside expected, capped below 157.95 with key supports at 157.40.
USD/CHF Holds Above 0.7800 as Hot US Inflation, Higher Yields and Middle East Tensions Lift Dollar
Written on May 13, 2026 at 7:52 pm, by davin
USD/CHF holds above 0.7800 as hot US inflation, rising yields, and Middle East tensions boost dollar.
IEA Sees 2026 Oil Supply Deficit as Hormuz Disruption Deepens, Despite Softer Demand Outlook
Written on May 13, 2026 at 7:23 pm, by davin
IEA warns 2026 oil supply could drop 3.9 million bpd as Hormuz disruptions tighten markets globally.
ING Sees Low EUR/USD Implied Volatility, Range Trade Bias Ahead of ECB Speeches
Written on May 13, 2026 at 7:22 pm, by davin
ING sees EUR/USD volatility low at 5.7%, suggesting range trade; support near 1.1650, ECB speeches watched.