Monthly Archives: May 2026
Georgieva cautions inflation is rising, with prolonged Middle East conflict pushing oil to $125, worsening global output
Written on May 5, 2026 at 6:53 am, by josephine
IMF warns inflation rising; prolonged Middle East war could push oil to $125 by 2027, worsening outlook.
Ahead of the RBA rate decision, traders see AUD/USD hovering near 0.7160, extending second-day losses
Written on May 5, 2026 at 6:27 am, by josephine
AUD/USD slid near 0.7160; RBA hike bets persisted as safe-haven USD rose amid Iran-UAE tensions.
NZD/USD stays pressured near 0.5860, with Iran tensions and Fed expectations boosting the US dollar
Written on May 5, 2026 at 6:23 am, by josephine
NZD/USD slips to 0.5860 after failing at 0.5925; US-Iran tensions boost dollar, oil, hawkish Fed bets.
GBP/JPY slips 0.23% amid yen safe-haven demand, consolidating after 100-day SMA test, post-intervention digestion
Written on May 5, 2026 at 5:56 am, by josephine
GBP/JPY slipped 0.23% as Yen demand rose; holding above 209.64; key support/resistance near 211.93–215.00.
Geopolitical missile strikes drove crude prices higher, prompting speculation that Brent could climb towards $115
Written on May 5, 2026 at 5:53 am, by josephine
Oil rebounds above $112 Brent and $103 WTI as Hormuz tensions disrupt supply; demand weakens amid attacks.
Gold falls under $4,550 as Iran tensions propel dollar and yields higher; investors expect no 2026 Fed cuts
Written on May 5, 2026 at 5:26 am, by josephine
Gold drops over 2% as dollar and yields rise amid Middle East tensions; traders eye Fed, jobs data.
Amid geopolitical tensions, safe-haven Dollar demand weighs on NZD/USD, leaving it subdued near 0.5870
Written on May 5, 2026 at 5:23 am, by josephine
NZD/USD hovered near 0.5870 as risk-off dollar demand grew; investors await New Zealand jobs data and US indicators.
Following BoJ intervention surprise, USD/JPY remained rangebound near 157.20 after gaps and volatility across sessions
Written on May 5, 2026 at 4:56 am, by josephine
USD/JPY steadied near 157.20 as Japan intervened, BOJ held rates, and US jobs data looms.
Risk aversion pushed GBP/USD down 0.35%, ending near 1.3530 after rejection at 1.3600 in choppy trade
Written on May 5, 2026 at 4:53 am, by josephine
GBP/USD fell to 1.3530 as BOE held rates; traders await US jobs data and key PMIs.
AUD/USD retreats to about 0.7170 as traders await the RBA decision, after recent multi-year highs
Written on May 5, 2026 at 4:26 am, by josephine
AUD/USD slipped to 0.7170 ahead of RBA decision; markets price hike as US jobs data looms.
