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19

May 2026
Sterling Rebounds on Fiscal Rules Talk but Weak Labour Data Limits GBP/USD Upside

GBP/USD rebounds above 1.3400 on fiscal-rule reports, then slows after weak UK jobs data.

19

May 2026
Bank of Canada core CPI holds at 0.2%, markets pare June cut odds and reprice CAD rates

Bank of Canada core CPI was steady at 0.2% month-on-month in April, matching March’s unchanged reading.

19

May 2026
Canada CPI undershoots forecasts, fuelling BoC June cut bets and lifting USD/CAD above 1.3750

Canada’s CPI rose 2.8% in April, undershooting forecasts of 3.1% and signaling softer inflation.

19

May 2026
Canada CPI undershoots forecast, fuelling June Bank of Canada rate-cut bets and weighing loonie

Canada’s Consumer Price Index rose 0.4% in April, missing forecasts of 0.6% and signalling slower inflation.

19

May 2026
Canada Building Permits Surge, Hot Inflation Shifts Bank of Canada to Higher-for-Longer Stance

Canada’s March building permits rose 10.3%, beating the expected 4% increase, signaling stronger construction activity.

19

May 2026
Australian dollar slides on oil shock and RBA pause; AUD/USD struggles as Fed rate premium persists

Australian Dollar slips near 0.7100 as Iran conflict, surging oil, and RBA pause dampen risk sentiment.

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