Monthly Archives: May 2026
WTI slides as US-Iran ceasefire holds, strong dollar and rising inventories weigh on crude
Written on May 8, 2026 at 12:23 pm, by josephine
WTI drops 2.5% to $92.20 as US-Iran ceasefire holds; markets await NFP, key technical levels.
Dollar steadies against yen as Japan flags intervention readiness, with US payrolls in focus
Written on May 8, 2026 at 11:56 am, by josephine
Dollar dips versus yen; USD/JPY below 157 after suspected Japan intervention; markets await US nonfarm payrolls data.
US index futures rise as Middle East tensions ease; investors await weak US jobs report
Written on May 8, 2026 at 11:53 am, by josephine
US futures edged up as Middle East tensions eased; Dow, S&P, Nasdaq rose ahead jobs report.
Sterling Rises as Risk Appetite Improves, with Markets Eyeing US Payrolls and Rate Divergence
Written on May 8, 2026 at 11:31 am, by josephine
GBP/USD climbs as risk sentiment improves; Trump cites Iran ceasefire intact; investors await April US payrolls data.
Austria’s March output rise bolsters European recovery, complicating ECB cuts and lifting equity options appeal
Written on May 8, 2026 at 11:28 am, by josephine
Austria’s industrial production increased 1.7% year-on-year in March, accelerating from February’s 1.1% rise.
Dollar Steadies Ahead of US Jobs Data as Hormuz Tensions Revive Hedging Demand
Written on May 8, 2026 at 11:25 am, by josephine
Hormuz clashes lift geopolitical risk as traders await US jobs data; dollar steady, gold higher, majors mixed.
Commerzbank’s Baur sees easing Iran tensions, lower oil prices lifting euro via real-rate expectations
Written on May 8, 2026 at 11:23 am, by josephine
Commerzbank’s Baur says easing Iran tensions, reopening Hormuz may lower eurozone real rates, boosting EUR/USD.
AUD/USD recovers near 0.7220 in ascending channel as rate divergence caps upside, options favoured
Written on May 8, 2026 at 10:35 am, by josephine
AUD/USD rebounds near 0.7220, stays bullish above key EMAs; resistance 0.7277, support 0.7195-0.7170.
Dollar seen capped as payrolls risk skews higher, but Fed caution tempers DXY upside
Written on May 8, 2026 at 10:32 am, by josephine
US payrolls data due; indicators suggest upside surprise, supporting Dollar, though gains may be limited near DXY 98.00.
AUD/USD recovers towards 0.7250, trading near 0.7220 as an ascending channel maintains bullish momentum
Written on May 8, 2026 at 10:30 am, by josephine
AUD/USD steadied near 0.7220; trend remains bullish above key EMAs, with resistance at 0.7277.