Monthly Archives: May 2026
Sterling Tests 1.2500 as Elections Raise Fiscal Credibility Doubts and Spur Downside Hedging

Written on May 7, 2026 at 11:59 pm, by
GBP/USD climbs as UK elections test Starmer; Labour weak, Greens surge fears, fiscal credibility pressures Pound outlook.
NBP holds rates at 3.75% as zloty steadies and bond yields retain risk premium

Written on May 7, 2026 at 11:58 pm, by
Poland’s central bank held rates at 3.75%, with markets expecting no changes through 2026. Glapiński awaited.
Mexico core inflation rises 0.31% in April, supporting Banxico’s steady policy path and peso carry

Written on May 7, 2026 at 11:28 pm, by
Mexico’s core inflation rose 0.31% in April, matching forecasts and indicating steady monthly underlying price gains.
Mexico inflation undershoots forecast, bolstering Banxico June cut bets and shifting peso trading strategies
Written on May 7, 2026 at 10:58 pm, by
Mexico’s annual inflation eased to 4.45% in April, slightly below the 4.5% market forecast.
Mexico inflation undershoots forecasts, fuelling Banxico rate-cut bets and weighing on peso carry trades

Written on May 7, 2026 at 10:58 pm, by
Mexico’s April headline inflation rose 0.2%, below the 0.25% forecast, signaling weaker-than-expected monthly price pressures.
Sterling edges higher as dollar weakens on Iran peace hopes, with payrolls in focus

Written on May 7, 2026 at 10:29 pm, by
GBP/USD rises to 1.3620 as dollar weakens on US-Iran deal hopes; markets await US payrolls data.
Euro retreats as ECB easing signals outweigh oil-driven respite; traders hedge for further EUR/USD downside
Written on May 7, 2026 at 10:28 pm, by
Euro rises near 1.1765 as oil drops, Iran-US peace hopes lift sentiment; Eurozone data beats forecasts.
Gold slides on Iran oil shock and firm dollar, with $4,000 support eyed before late-2026 rebound

Written on May 7, 2026 at 9:59 pm, by
Gold drops on Iran oil shock and stronger dollar; recovery hinges on easing tensions, inflation, Fed shifts.
NZD/USD hits two-month high as US–Iran deal hopes and softer oil weigh on dollar

Written on May 7, 2026 at 9:58 pm, by
NZD hit two-month highs as USD demand eased on US–Iran deal hopes and lower oil prices.
Indian Rupee Recovers as Oil Slides on Hormuz Reopening Hopes; USD/INR Tests Key Support
Written on May 7, 2026 at 9:29 pm, by
Rupee rebounded as oil prices fell on Strait of Hormuz reopening hopes; USD/INR slipped near 94.15.