Monthly Archives: May 2026
EUR/GBP steady as Iran deal headlines fade; UK-EZ PMI gap favours sterling, options target 0.8500
Written on May 6, 2026 at 8:28 pm, by josephine
EUR/GBP steadied near 0.8635 as US-Iran deal headlines and mixed PMIs left euro and pound directionless.
Eurozone PMI Slump and Sticky Inflation Put ECB in Bind, Raising Downside Risks for Euro
Written on May 6, 2026 at 8:25 pm, by josephine
Eurozone April PMI slumped into contraction; services hit multiyear low as costs and prices rose, pressuring euro.
Canada’s Ivey PMI surge challenges BoC cut bets, supporting Canadian dollar and TSX upside
Written on May 6, 2026 at 8:23 pm, by josephine
Canada’s April Ivey PMI surged to 57.7, beating the 49.9 forecast and signaling economic expansion.
USD/CAD Holds Steady as Softer Oil Offsets Risk Mood; BoC Briefing and 1.35 Support in Focus
Written on May 6, 2026 at 7:23 pm, by josephine
USD/CAD steady as oil slips, risk appetite improves; BoC testimony looms, technicals keep bearish bias.
Societe Generale sees yen undervalued, warns crowded carry trades as Japan eyes USD/JPY pullback
Written on May 6, 2026 at 6:56 pm, by josephine
Societe Generale says yen is undervalued; carry trades persist, but intervention risks could push USD/JPY lower.
USD/CHF slides as US–Iran détente lifts risk appetite and Swiss inflation strengthens franc
Written on May 6, 2026 at 6:53 pm, by josephine
USD/CHF slipped near 0.7790 as risk appetite rose on US–Iran progress and higher Swiss inflation.
UK gilts sell off as election uncertainty lifts yields and keeps sterling volatility elevated
Written on May 6, 2026 at 6:26 pm, by josephine
UK gilt yields jumped 10–12bp, driven by political uncertainty and election risks, pressuring sterling.
USD/CAD treads water as US-Iran deal optimism weighs on dollar and oil hits loonie
Written on May 6, 2026 at 6:23 pm, by josephine
USD/CAD hovered near 1.3608 as US-Iran deal hopes hit dollar; oil slump pressured Canada’s loonie.
Warsh Fed chair prospect flags dovish tilt, balance-sheet shrinkage and dollar downside risks
Written on May 6, 2026 at 5:55 pm, by josephine
Commerzbank says Kevin Warsh could reshape Fed policy, shrinking balance sheet, cutting rates, impacting dollar independence.
NZD/USD Nears 0.6000 as US Dollar Weakens; Markets Reassess RBNZ Tightening Path
Written on May 6, 2026 at 5:53 pm, by josephine
NZD/USD nears 0.6000 as dollar weakens; mixed NZ jobs, easing inflation, markets price RBNZ hikes ahead.
