Monthly Archives: May 2026
Following a bearish pullback, Nasdaq bulls retest record highs near 28,800; breakout buys, reversal dips
Written on May 5, 2026 at 10:58 pm, by davin
Nasdaq retests all-time high; breakout may spur buying, rejection may cause pullback toward ET zones 7–8 soon.
Oil-backed Canadian dollar caps USD/CAD recovery, keeping pair stable near 1.3600 amid mild risk aversion
Written on May 5, 2026 at 10:58 pm, by davin
USD/CAD dips to 1.3615 as US-Iran tensions support dollar, while high oil supports Canadian dollar.
BBH’s Elias Haddad says Swiss inflation was mixed: energy lifted headline, while core fell markedly to lows
Written on May 5, 2026 at 10:28 pm, by davin
Switzerland’s April CPI was mixed: headline rose to 0.6%, core hit multi-year low, easing SNB hike bets.
The US dollar strengthens as hawkish Fed expectations, rising oil and Gulf tensions underpin short-term rates, aiding DXY
Written on May 5, 2026 at 10:28 pm, by davin
Hawkish Fed and elevated oil prices lift short-dated US rates, supporting dollar as DXY targets 99–99.50.
TD Securities says AUD/USD upside fades as RBA hikes 25bps to 4.35%, Bullock hints pausing
Written on May 5, 2026 at 9:58 pm, by davin
RBA hikes 25bp to 4.35% on 8–1 vote; AUD constructive, AUD/NZD eyeing 1.24; US data resilient.
NBC strategists Marion and Dahms expect euro gains despite geopolitical risk, energy costs, and weak growth ahead
Written on May 5, 2026 at 9:58 pm, by davin
NBC sees euro uneven near-term on geopolitical risks, high energy prices, weak growth; modest year-end gains expected.
Societe Generale strategists observe AUD/USD retreating as the RBA lifted rates to 4.35% then paused
Written on May 5, 2026 at 9:28 pm, by davin
AUD/USD dips below 0.7150 as RBA hikes to 4.35% but signals pause; key supports remain.
Spain’s 12-month Letras auction yield rose to 2.635%, up from the prior reading of 2.611%
Written on May 5, 2026 at 9:27 pm, by davin
Spain’s 12-month Letras auction yield climbed to 2.635%, rising 0.024 points from the prior 2.611%.
Spain’s six-month Letras yield eased to 2.357%, slipping slightly from the prior 2.362% at auction
Written on May 5, 2026 at 8:58 pm, by davin
Spain’s Treasury sold six-month Letras bills at 2.357% yield, down 0.005 points from prior auction.
Commerzbank’s Pfister expects sterling’s recent gains to fade, amid BoE rate uncertainty and political risks
Written on May 5, 2026 at 8:57 pm, by davin
Commerzbank warns sterling’s rally may fade as BoE rate expectations and UK political risks shift soon.
