Monthly Archives: May 2026
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.
In New Zealand, the first-quarter participation rate reached 70.4%, missing forecasts of 70.5%
Written on May 6, 2026 at 4:53 am, by josephine
New Zealand’s labour force participation rate hit 70.4% in Q1, slightly below the 70.5% market forecast.
First-quarter New Zealand employment rose 0.2%, missing the 0.3% forecast, with gains weaker than anticipated
Written on May 6, 2026 at 4:25 am, by josephine
New Zealand’s first-quarter employment rose 0.2%, missing the 0.3% market forecast by 0.1 percentage points.
In New Zealand, unemployment measured 5.3%, coming in slightly under the forecast 5.4%, during the first quarter
Written on May 6, 2026 at 4:23 am, by josephine
New Zealand’s first-quarter unemployment rate fell to 5.3%, slightly below forecasts of 5.4%.
First-quarter New Zealand Labour Cost Index rose 2% year-on-year, aligning with market expectations and forecasts
Written on May 6, 2026 at 3:56 am, by josephine
New Zealand’s Labour Cost Index rose 2% year-on-year in Q1, matching market forecasts, signalling steady wage pressures.
In New Zealand, Labour Cost Index rose 0.5% quarterly, exceeding 0.4% forecasts in the first quarter
Written on May 6, 2026 at 3:53 am, by josephine
New Zealand’s Labour Cost Index rose 0.5% in Q1, beating forecasts and signalling faster wage growth.
GBP/USD stays near 1.3545 in a 60-pip range, as US Dollar factors outweigh muted UK cues
Written on May 6, 2026 at 3:26 am, by josephine
GBP/USD held near 1.3545; direction hinges on US dollar, risk sentiment, oil, and Friday NFP.
UOB economists say Philippine inflation hit a 37-month high, prompting BSP hawkishness and higher 2026 forecasts
Written on May 6, 2026 at 3:23 am, by josephine
Philippine inflation hit 37-month high; UOB lifts 2026 forecast to 7.5%, expects BSP hikes, warns 10%.
OCBC strategists expect USD/SGD to rebound after a relief dip, amid two-way trading and escalation upside risk
Written on May 6, 2026 at 2:56 am, by josephine
OCBC expects USD/SGD rebound; geopolitics and oil risks may drive volatility, with resistance 1.2850, support 1.2720.
