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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

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

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

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

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

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

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

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

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

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

AUD/USD steadied near 0.7220; trend remains bullish above key EMAs, with resistance at 0.7277.

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