Monthly Archives: May 2026
Indian rupee rebounds as oil retreat and softer dollar weigh on USD/INR ahead of US jobs data
Written on May 7, 2026 at 11:56 am, by josephine
Indian Rupee recovers as oil prices drop on Hormuz reopening hopes; dollar softer, USD/INR near 94.15.
Euro area inflation jumps to 3% as oil-driven fuel surge clouds ECB rate-cut outlook
Written on May 7, 2026 at 11:53 am, by josephine
Euro area inflation rose to 3% in April, driven by fuel; second-round effects may lift 2027.
GBP/JPY holds near 212.50 as Japan intervention risk and UK election uncertainty curb demand
Written on May 7, 2026 at 11:26 am, by josephine
GBP/JPY steadied near 212.50 as MOF intervention fears supported yen; UK election uncertainty capped sterling demand.
CNB seen holding at 3.50% as energy-driven inflation risks rise, keeping EUR/CZK rangebound
Written on May 7, 2026 at 11:23 am, by josephine
Commerzbank expects CNB to hold rates at 3.50%, but rising energy prices raise inflation and hike risks.
BNY’s Yu flags CEE fiscal divergence, puts Romania’s leu at centre of FX and carry trade risk
Written on May 7, 2026 at 10:56 am, by josephine
Rising fiscal strain drives CEE FX and carry trades; central banks stay dovish as deficits pressure inflation expectations.
USD/CHF slips below 0.7800 as US-Iran peace hopes weigh on dollar and safe-haven demand
Written on May 7, 2026 at 10:53 am, by josephine
USD/CHF slipped near 0.7775 as dollar weakened on US-Iran peace deal hopes, ahead of payrolls.
US stocks hit record highs as chipmakers surge, oil slides and high-yield spreads tighten
Written on May 7, 2026 at 10:26 am, by josephine
US stocks hit new highs as oil slid; chipmakers surged, AMD soared, and high-yield spreads tightened.
Oil slides as Hormuz reopening talks spur risk-on shift, lifting equities and pressuring dollar
Written on May 7, 2026 at 10:23 am, by josephine
Al-Hadath sources say talks may reopen Strait of Hormuz, easing blockade; oil drops amid risk-on.
USD/CAD edges higher as softer oil and US–Canada rate gap keep loonie under pressure
Written on May 7, 2026 at 9:56 am, by josephine
USD/CAD edges up near 1.3635 as oil weakens CAD; bearish below 1.3740, supports 1.3548.
OCBC flags possible Japan yen-buying intervention as 158 becomes new USD/JPY line in the sand
Written on May 7, 2026 at 9:53 am, by josephine
OCBC says USD/JPY swings hint at yen intervention; lasting change needs BoJ support, lower yields and oil.
