Monthly Archives: May 2026
During Asian trading, EUR/USD climbs past 1.1700, supported by risk appetite after Trump halts Project Freedom
Written on May 6, 2026 at 6:56 am, by josephine
EUR/USD climbed near 1.1720 as risk sentiment improved, while traders awaited US ADP jobs data update.
The Australian Dollar rises after AiG Industry Index results, with AUD/USD near 0.7220 in Asian trade, continuing gains
Written on May 6, 2026 at 6:53 am, by josephine
AUD/USD rises near 0.7220 as markets await US ADP; Australian indexes improve; Gulf tensions persist after Iran.
China’s central bank set USD/CNY at 6.8562, versus 6.8628 previously and Reuters’ 6.8160 estimate
Written on May 6, 2026 at 6:27 am, by josephine
PBOC set USD/CNY midpoint at 6.8562, slightly stronger than Friday’s 6.8628, above Reuters 6.8160 estimate.
NZD/USD climbs above 0.5900, supported by US-Iran peace hopes, despite mixed New Zealand employment figures
Written on May 6, 2026 at 6:23 am, by josephine
NZD/USD rebounded above 0.5900 on upbeat sentiment, mixed NZ jobs data, softer USD amid Iran deal.
Copper Rises as Iran Peace Hopes Lift Metals

Written on May 6, 2026 at 6:17 am, by josephine
The copper chart on VT Markets gains as Iran peace hopes, China demand and AI spending support industrial metals.
April’s South Korean monthly CPI growth matched forecasts, rising 0.5%, aligning exactly with market expectations
Written on May 6, 2026 at 5:55 am, by josephine
South Korea’s CPI rose 0.5% month-on-month in April, matching expectations and signaling near-term inflation trends.
South Korea’s annual consumer price index rose 2.6% in April, matching economists’ expectations
Written on May 6, 2026 at 5:53 am, by josephine
South Korea’s CPI rose 2.6% year-on-year in April, matching forecasts and signaling steady inflation momentum.
Statistics New Zealand reports unemployment at 5.3% in Q1 2026, beating forecasts and easing from 5.4%
Written on May 6, 2026 at 5:26 am, by josephine
New Zealand unemployment dips to 5.3% in Q1 2026; employment growth slows, participation eases, NZD rises.
USD/JPY climbs as intervention worries ease; steady Dollar supports buyers pushing towards 160.00, trading 157.91
Written on May 6, 2026 at 5:23 am, by josephine
USD/JPY climbed to 157.91 as dollar steadied; Japan’s yen support looms amid mixed US data.
NBC strategists Marion and Dahms say yuan strength reflects energy flows and improving Chinese manufacturing and PPI data
Written on May 6, 2026 at 4:55 am, by josephine
Yuan hits multi-year quarterly highs as energy flows and firmer data support a stronger, managed currency.