Monthly Archives: May 2026
Sterling Rises as Risk Appetite Improves, with Markets Eyeing US Payrolls and Rate Divergence

Written on May 8, 2026 at 6:59 pm, by
GBP/USD climbs as risk sentiment improves; Trump cites Iran ceasefire intact; investors await April US payrolls data.
Austria’s March output rise bolsters European recovery, complicating ECB cuts and lifting equity options appeal

Written on May 8, 2026 at 6:58 pm, by
Austria’s industrial production increased 1.7% year-on-year in March, accelerating from February’s 1.1% rise.
Dollar Steadies Ahead of US Jobs Data as Hormuz Tensions Revive Hedging Demand
Written on May 8, 2026 at 6:29 pm, by
Hormuz clashes lift geopolitical risk as traders await US jobs data; dollar steady, gold higher, majors mixed.
Commerzbank’s Baur sees easing Iran tensions, lower oil prices lifting euro via real-rate expectations
Written on May 8, 2026 at 6:28 pm, by
Commerzbank’s Baur says easing Iran tensions, reopening Hormuz may lower eurozone real rates, boosting EUR/USD.
AUD/USD recovers near 0.7220 in ascending channel as rate divergence caps upside, options favoured
Written on May 8, 2026 at 5:59 pm, by
AUD/USD rebounds near 0.7220, stays bullish above key EMAs; resistance 0.7277, support 0.7195-0.7170.
Dollar seen capped as payrolls risk skews higher, but Fed caution tempers DXY upside
Written on May 8, 2026 at 5:58 pm, by
US payrolls data due; indicators suggest upside surprise, supporting Dollar, though gains may be limited near DXY 98.00.
AUD/USD recovers towards 0.7250, trading near 0.7220 as an ascending channel maintains bullish momentum
Written on May 8, 2026 at 5:57 pm, by
AUD/USD steadied near 0.7220; trend remains bullish above key EMAs, with resistance at 0.7277.
During Asian hours, AUD/USD climbs near 0.7220, approaching 0.7250, sustaining an upward channel trend
Written on May 8, 2026 at 5:56 pm, by
AUD/USD rebounds near 0.7220, bullish within ascending channel; resistance 0.7277, support 0.7195/0.7083 levels.
MUFG’s Lloyd Chan thinks US payrolls may lift the dollar modestly, with labour data pointing stronger April numbers
Written on May 8, 2026 at 5:56 pm, by
MUFG’s Lloyd Chan sees upside NFP risks boosting USD, though limited hawkish repricing may cap gains.
MUFG’s Lloyd Chan expects US payrolls to strengthen the dollar, though labour signals suggest limited upside potential
Written on May 8, 2026 at 5:56 pm, by
US payrolls data due; indicators suggest upside surprise, but dollar gains may stay limited near 98.00.