Monthly Archives: May 2026
With oil easing, USD/CAD hovers near 1.3620, staying below 1.3700 as bears dominate trading
Written on May 6, 2026 at 7:58 am, by
USD/CAD held rangebound as oil dipped and dollar firmed; traders await jobs data, technicals remain bearish.
OCBC strategists say Asian currencies weakened as rising oil prices sparked by Middle East tensions rattled markets
Written on May 6, 2026 at 7:57 am, by
Asian currencies fell as Middle East tensions lifted oil prices, boosting inflation risks and strengthening US dollar.
EUR/USD strengthens as softer US data and lower gas costs reduce Treasury yields, pressuring the dollar
Written on May 6, 2026 at 7:28 am, by
Euro rises near 1.1700 as oil dips drag US yields; Middle East risks, ECB/Fed rate outlooks watched.
US equities rise above 49,000 as easing oil and upbeat Q1 results suggest profits lead market gains

Written on May 6, 2026 at 7:28 am, by
US stocks climbed as oil slid; earnings beat forecasts, Intel surged, jobs data mixed ahead of payrolls.
New Zealand’s GDT Price Index rose 1.5%, reversing the prior decline of 2.7%

Written on May 6, 2026 at 6:58 am, by
New Zealand’s GDT Price Index rose 1.5% in latest auction, reversing a 2.7% decline previously.
AUD/USD climbs towards 0.7190 as post-RBA rate hike momentum grows, while US Dollar weakens
Written on May 6, 2026 at 6:57 am, by
AUD/USD nears 0.7190 as RBA hikes to 4.35%; markets weigh data-dependent outlook and softer US indicators.
Sterling climbs 0.20% versus dollar as tenuous US-Iran truce boosts risk-taking, lowers oil and USD

Written on May 6, 2026 at 6:29 am, by
GBP/USD climbs to 1.3560 as ceasefire boosts risk sentiment, easing dollar; UK yields surge, rate expectations shift.
Standard Chartered says RBA held at 4.35%; Bullock softened hawkishness, yet H2 hike risk persists if growth stays strong
Written on May 6, 2026 at 6:27 am, by
Standard Chartered says RBA raised cash rate to 4.35%, flagged inflation upside risks; hikes possible later.
Amid Persian Gulf tensions, they say Europe’s TTF gas benchmark rose to its highest since April, underpricing risk
Written on May 6, 2026 at 5:58 am, by
TTF gas jumped on Persian Gulf tensions; April EU LNG imports eased, storage rose, markets underpricing disruptions.
Scotiabank strategists say EUR stays level against USD, as EUR/USD ranges amid inflation fears and hawkish ECB stance
Written on May 6, 2026 at 5:57 am, by
EUR/USD stayed range-bound as ECB hawkishness offset mixed sentiment, with technicals neutral and downside risks rebuilding.