Monthly Archives: May 2026
Sterling rises as US-Iran deal hopes weaken dollar; traders weigh options amid shifting macro outlook

Written on May 7, 2026 at 6:29 am, by
GBP/USD climbed 0.59% as US-Iran peace deal hopes weakened dollar; ADP beat; oil plunged.
EUR/USD climbs on possible US-Iran deal hopes as oil drops and Fed cut bets return
Written on May 7, 2026 at 6:28 am, by
EUR/USD climbed near 1.1750 as US-Iran deal hopes dented dollar, oil, yields; payrolls capped gains.
AUD/USD Climbs on US-Iran Deal Hopes, but Strong US Jobs Data Caps Gains

Written on May 7, 2026 at 5:58 am, by
AUD/USD climbed near 0.7240 on US-Iran agreement hopes; risk sentiment improved, but strong ADP capped gains.
US dollar slips as Iran deal hopes hit oil, yen intervention and China data lift risk currencies
Written on May 7, 2026 at 5:58 am, by
US-Iran peace hopes and lower Brent prices pressured the dollar; USD/JPY fell on intervention, China data boosted AUD/NZD.
USD/SEK Slides as Sweden’s Disinflation Locks in Riksbank Hold and Supports Krona Real Yields
Written on May 7, 2026 at 5:28 am, by
USD/SEK drops on broad dollar weakness as softer Swedish inflation dampens Riksbank hike expectations, supporting krona.
St Louis Fed’s Musalem flags tariff and war uncertainty as inflation risks keep rates in play

Written on May 7, 2026 at 5:28 am, by
St. Louis Fed’s Musalem says tariffs and war add uncertainty as inflation risks rise; rates may stay.
EUR/JPY Slips as Intervention Fears Lift Yen While Eurozone Inflation Stays Firm Amid Weak Growth

Written on May 7, 2026 at 4:58 am, by
EUR/JPY fell near 183.50 as yen demand rose on intervention fears; Eurozone producer inflation jumped sharply.
QXO shares test year-long rising trendline near $19 as traders weigh bounce against breakdown
Written on May 7, 2026 at 4:58 am, by
QXO tests long-term rising trendline near $19; support has held repeatedly, suggesting entry with tight stop.
EIA crude stocks post smaller draw, raising doubts over summer demand and capping WTI upside
Written on May 7, 2026 at 4:28 am, by
US EIA reports crude stockpiles fell 2.314 million barrels in week ending May 1, missing forecasts.
Dollar stuck in tight range as payrolls fade and CPI steers Fed outlook

Written on May 7, 2026 at 4:28 am, by
Dollar stuck near 98 DXY as volatility fades; payrolls seen capped, CPI and Middle East drive downside risks.