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Monthly Archives: May 2026

Sterling edges higher as dollar weakens on Iran peace hopes, with payrolls in focus

Written on May 7, 2026 at 3:26 pm, by

GBP/USD rises to 1.3620 as dollar weakens on US-Iran deal hopes; markets await US payrolls data.

Euro retreats as ECB easing signals outweigh oil-driven respite; traders hedge for further EUR/USD downside

Written on May 7, 2026 at 3:23 pm, by

Euro rises near 1.1765 as oil drops, Iran-US peace hopes lift sentiment; Eurozone data beats forecasts.

Gold slides on Iran oil shock and firm dollar, with $4,000 support eyed before late-2026 rebound

Written on May 7, 2026 at 2:27 pm, by

Gold drops on Iran oil shock and stronger dollar; recovery hinges on easing tensions, inflation, Fed shifts.

NZD/USD hits two-month high as US–Iran deal hopes and softer oil weigh on dollar

Written on May 7, 2026 at 2:23 pm, by

NZD hit two-month highs as USD demand eased on US–Iran deal hopes and lower oil prices.

Indian Rupee Recovers as Oil Slides on Hormuz Reopening Hopes; USD/INR Tests Key Support

Written on May 7, 2026 at 1:56 pm, by

Rupee rebounded as oil prices fell on Strait of Hormuz reopening hopes; USD/INR slipped near 94.15.

Silver tops $80 amid risk-on rally as yield falls lift metal towards $80.70 resistance

Written on May 7, 2026 at 1:53 pm, by

Silver jumped above $80 amid weaker dollar, lower yields and oil; momentum stretched; key resistance $80.70.

RBI weighs foreign currency bond route to bolster rupee as dollar inflows and volatility in focus

Written on May 7, 2026 at 1:27 pm, by

RBI considers state-run banks issuing dollar bonds with swaps to boost inflows, support rupee, narrow deficits.

Yen steadies as Japan flags action; USD/JPY dips amid BOJ hike talk and US jobs focus

Written on May 7, 2026 at 1:24 pm, by

USD/JPY slips to 156.30 as firmer yen and intervention talk meets dovish Fed, key US jobs data.

Dollar slips as yields fall and Fed faces inflation-jobs split, boosting options demand

Written on May 7, 2026 at 12:56 pm, by

Dollar weakens as yields drop and stocks hit highs; mixed data complicates Fed cuts; oil eases.

WTI slides on US-Iran talks as Hormuz reopening speculation trims geopolitical risk premium

Written on May 7, 2026 at 12:53 pm, by

WTI fell to $90.66 as US-Iran talks raised hopes of reopening Hormuz, easing supply fears.

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