Monthly Archives: May 2026
TD Securities sees USD/CAD supported near 1.37 as Canada inflation cools and jobs data weakens
Written on May 19, 2026 at 9:49 pm, by josephine
TD Securities sees USD/CAD supported near 1.37 through Q2 2026 on softer Canadian inflation, jobs.
Sterling Edges Lower as UK Data Looms, with GBP/USD Range Risks and Options in Focus
Written on May 19, 2026 at 9:47 pm, by josephine
GBP/USD dips 0.1% as UK data looms; politics steadies sentiment; range seen 1.3350–1.3450.
BBH Sees DXY Testing Above 100 as Fed Stays Restrictive and Foreign Inflows Support Dollar
Written on May 19, 2026 at 9:20 pm, by josephine
BBH’s Elias Haddad sees DXY breaking 100 on strong growth, Fed tightening, and foreign demand.
Nasdaq 100 Slides as 30-Year Yields Hit 19-Year High Ahead of Nvidia Earnings
Written on May 19, 2026 at 9:17 pm, by josephine
NASDAQ 100 dropped 1.4% as surging 30-year Treasury yields and inflation fears pressured growth stocks.
China aluminium output hits record as inventories swell, boosting downside risks for prices
Written on May 19, 2026 at 8:49 pm, by josephine
China’s aluminium output hits records, yet weak demand swells inventories; supply growth outpaces consumption despite higher exports.
BoE rate outlook hinges on oil prices as DBS flags autumn hike risk and hedging trades
Written on May 19, 2026 at 8:47 pm, by josephine
DBS says BoE outlook hinges on oil; baseline $108/bbl sees CPI 3.7% by end-2026, prompting 1–2 hikes.
NZD/USD Slides as US-Iran Uncertainty and Fed Hawkishness Support the US Dollar
Written on May 19, 2026 at 8:20 pm, by josephine
NZD/USD slips to 0.5835 as Iran uncertainty and higher oil boost USD; NZ PPI beats forecasts.
Canadian Dollar softens as USD/CAD tests 1.38 amid policy divergence and oil dip
Written on May 19, 2026 at 8:17 pm, by josephine
Canadian Dollar weakens as USD/CAD rises; Scotiabank sees pair overvalued, key resistance near 1.38, support 1.3720.
US Pending Home Sales Return to Growth as Lower Mortgage Rates Lift Housing Demand
Written on May 19, 2026 at 7:49 pm, by josephine
US pending home sales increased 3.2% year-on-year in April, reversing March’s decline as signed contracts rose.
US Pending Home Sales Beat Forecast, Clouding Fed Cut Outlook and Lending Support to Dollar
Written on May 19, 2026 at 7:47 pm, by josephine
Pending U.S. home sales rose 1.4% in April, beating the 1.0% forecast and signaling improved demand.