Monthly Archives: May 2026
GBP/JPY slips 0.23% amid yen safe-haven demand, consolidating after 100-day SMA test, post-intervention digestion

Written on May 5, 2026 at 1:28 pm, by davin
GBP/JPY slipped 0.23% as Yen demand rose; holding above 209.64; key support/resistance near 211.93–215.00.
Geopolitical missile strikes drove crude prices higher, prompting speculation that Brent could climb towards $115
Written on May 5, 2026 at 1:28 pm, by davin
Oil rebounds above $112 Brent and $103 WTI as Hormuz tensions disrupt supply; demand weakens amid attacks.
Gold falls under $4,550 as Iran tensions propel dollar and yields higher; investors expect no 2026 Fed cuts

Written on May 5, 2026 at 12:58 pm, by davin
Gold drops over 2% as dollar and yields rise amid Middle East tensions; traders eye Fed, jobs data.
Amid geopolitical tensions, safe-haven Dollar demand weighs on NZD/USD, leaving it subdued near 0.5870

Written on May 5, 2026 at 12:58 pm, by davin
NZD/USD hovered near 0.5870 as risk-off dollar demand grew; investors await New Zealand jobs data and US indicators.
Following BoJ intervention surprise, USD/JPY remained rangebound near 157.20 after gaps and volatility across sessions

Written on May 5, 2026 at 12:28 pm, by davin
USD/JPY steadied near 157.20 as Japan intervened, BOJ held rates, and US jobs data looms.
Risk aversion pushed GBP/USD down 0.35%, ending near 1.3530 after rejection at 1.3600 in choppy trade

Written on May 5, 2026 at 12:28 pm, by davin
GBP/USD fell to 1.3530 as BOE held rates; traders await US jobs data and key PMIs.
AUD/USD retreats to about 0.7170 as traders await the RBA decision, after recent multi-year highs
Written on May 5, 2026 at 11:59 am, by davin
AUD/USD slipped to 0.7170 ahead of RBA decision; markets price hike as US jobs data looms.
After the US close, AMD, Super Micro and Navitas report, prompting markets to reassess AI rally continuation
Written on May 5, 2026 at 11:58 am, by davin
AMD, SMCI and Navitas report May 5; options imply big moves, with AI-cloud results supporting volatility.
MUFG’s Michael Wan says China invoked its 2021 Blocking Statute, countering US sanctions on five refineries
Written on May 5, 2026 at 11:28 am, by davin
China invokes 2021 Blocking Statute, barring compliance with US refinery sanctions, raising legal risks for third parties.
In April, Argentina’s month-on-month tax revenue plunged to 17B, down from 16071B previously
Written on May 5, 2026 at 11:27 am, by davin
Argentina’s April tax revenue plunged to 17B from 16071B previously, signaling a sharp monthly decline.