Monthly Archives: May 2026
PBoC sets firmer yuan fixing as easing bets grow amid growth worries and dollar strength
Written on May 7, 2026 at 5:57 am, by josephine
PBoC set Thursday’s USD/CNY fixing at 6.8487, stressing exchange-rate stability, growth support, and policy tools.
Japan’s Mimura steps up yen watch as USD/JPY tests 160s, keeping intervention threat alive
Written on May 7, 2026 at 5:53 am, by josephine
Japan’s top FX official Mimura will monitor yen moves, stays silent on intervention; BoJ policy shift.
AUD/USD Holds Highs as Risk Appetite Builds
Written on May 7, 2026 at 5:17 am, by josephine
AUD/USD holds near four-year highs as risk appetite, lower oil and RBA hike bets offset trade risks.
USD/JPY Holds Below 156 as Yen Intervention Risk and BoJ Outlook Offset Weak Dollar
Written on May 7, 2026 at 4:56 am, by josephine
USD/JPY held near mid-156s as yen intervention fears, BoJ outlook, and US-Iran headlines pressured dollar.
WTI dips below $93.50 as US-Iran deal hopes offset tightening inventories and Asian demand
Written on May 7, 2026 at 4:53 am, by josephine
WTI slips near $93.25 as US-Iran deal hopes ease Hormuz fears; US inventories fall again, Goldman notes.
BoJ minutes show split over faster rate rises as oil-driven inflation risks keep yen in focus
Written on May 7, 2026 at 4:23 am, by josephine
BoJ minutes show split views; many back 0.75% amid oil risks, urging gradual hikes or faster.
BoJ Liquidity Withdrawal Surprises as Monetary Base Shrinks, Rekindling Yen Strength and Nikkei Risks
Written on May 7, 2026 at 3:56 am, by josephine
Japan’s monetary base fell 11.3% year-on-year in April, missing forecasts for a 10.5% decline.
WTI slides as Iran weighs US proposal to reopen Hormuz and ease port blockade
Written on May 7, 2026 at 3:53 am, by josephine
Iran weighs US peace proposal; Strait of Hormuz reopening and port blockade easing discussed, with nuclear talks pending.
RBNZ’s Breman flags elevated inflation as NZD gains, reinforcing outlook for higher OCR
Written on May 7, 2026 at 3:26 am, by josephine
RBNZ Governor Breman expects slightly higher near-term inflation, slower growth, flat house prices, resilient banks; NZD rises.
Gold steadies near $5,150 as Middle East tensions and Fed hawkishness drive volatility bids
Written on May 7, 2026 at 3:23 am, by josephine
Gold hits one-week high near $4,700 as US-Iran peace hopes ease inflation; markets await US jobs report.
