Live Updates

7

May 2026
Societe Generale sees yen undervalued, warns crowded carry trades as Japan eyes USD/JPY pullback

Societe Generale says yen is undervalued; carry trades persist, but intervention risks could push USD/JPY lower.

7

May 2026
USD/CHF slides as US–Iran détente lifts risk appetite and Swiss inflation strengthens franc

USD/CHF slipped near 0.7790 as risk appetite rose on US–Iran progress and higher Swiss inflation.

7

May 2026
UK gilts sell off as election uncertainty lifts yields and keeps sterling volatility elevated

UK gilt yields jumped 10–12bp, driven by political uncertainty and election risks, pressuring sterling.

7

May 2026
USD/CAD treads water as US-Iran deal optimism weighs on dollar and oil hits loonie

USD/CAD hovered near 1.3608 as US-Iran deal hopes hit dollar; oil slump pressured Canada’s loonie.

7

May 2026
Warsh Fed chair prospect flags dovish tilt, balance-sheet shrinkage and dollar downside risks

Commerzbank says Kevin Warsh could reshape Fed policy, shrinking balance sheet, cutting rates, impacting dollar independence.

7

May 2026
NZD/USD Nears 0.6000 as US Dollar Weakens; Markets Reassess RBNZ Tightening Path

NZD/USD nears 0.6000 as dollar weakens; mixed NZ jobs, easing inflation, markets price RBNZ hikes ahead.

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