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Monthly Archives: May 2026

Reuters poll shows economists eye June ECB rate rise, with further 2026 hikes increasingly priced

Written on May 13, 2026 at 2:01 pm, by

Reuters poll: most economists expect ECB to raise deposit rate 25 bps to 2.25% in June.

Euro slips below 0.8650 versus sterling as soft Eurozone data weighs, outlook turns supportive

Written on May 13, 2026 at 1:58 pm, by

Euro weakens versus sterling near 0.8650 after soft Eurozone GDP, production; UK politics tense, GDP awaited.

Rupee holds near record low as India hikes gold duties and oil, US inflation support dollar

Written on May 13, 2026 at 1:56 pm, by

Rupee stays flat near record 95.70 as India hikes gold duties; oil, inflation strengthen dollar.

Silver eases after year-to-date surge as solar demand and Fed rate-cut bets support prices

Written on May 13, 2026 at 1:53 pm, by

Silver slips to $86.28/oz; up 21% YTD as Gold/Silver ratio edges lower amid demand factors.

Australian dollar steadies near $0.7240 as budget boosts RBA hike bets, US-China talks loom

Written on May 13, 2026 at 12:55 pm, by

Australian Dollar climbed as markets bet on RBA rate hike after budget; US-China meeting watched closely.

India’s April inflation undershoots forecasts as food prices rise and RBI easing looks set to fade

Written on May 13, 2026 at 12:53 pm, by

India’s April CPI rose 3.5%, undershooting forecasts; food inflation climbed, while core prices held steady.

Gold steadies near $4,950 as rate-cut bets and geopolitical risks lift appetite for bullion

Written on May 13, 2026 at 12:26 pm, by

Gold hovers near $4,700; stronger dollar, rising yields, and geopolitical tensions pressure prices as traders await data.

GBP/USD Selling Eases as Starmer Leadership Jitters Persist; Traders Eye 1.3482 Support

Written on May 13, 2026 at 12:23 pm, by

GBP/USD selling eases; Starmer leadership challenge risk persists. SocGen sees support 1.3482/1.3420, resistance 1.3660.

USD/JPY Eyes Gains Below 157.95 as Rate Gap and Intervention Risks Drive Volatility

Written on May 13, 2026 at 11:55 am, by

USD/JPY swung sharply, closing 157.61; modest upside expected, capped below 157.95 with key supports at 157.40.

USD/CHF Holds Above 0.7800 as Hot US Inflation, Higher Yields and Middle East Tensions Lift Dollar

Written on May 13, 2026 at 11:53 am, by

USD/CHF holds above 0.7800 as hot US inflation, rising yields, and Middle East tensions boost dollar.

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