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7

May 2026
Sterling Extends Three-Day Rally as Iran Deal Hopes Weigh on Dollar Ahead of US Payrolls

GBP/USD gained 0.28% to 1.3627 on US-Iran deal hopes; markets await Fed speeches, payrolls.

7

May 2026
US equities advance on AI-led tech earnings as Europe lags; bitcoin holds above $80,000, eyes $90,000

US shares rose on strong tech earnings; Europe lagged. Bitcoin held above $80k, eyeing $90k.

7

May 2026
US 4-Week T-Bill Yield Edges Higher, Reinforcing Market Bets on Delayed Fed Cuts

Four-week U.S. Treasury bill auction yield rose to 3.61%, up 0.01 points from 3.60%.

7

May 2026
EUR/USD Rebound Runs Into 1.1825 as ECB Cut Talk and Fed Hold Deepen Policy Gap

EUR/USD climbs 0.2% on risk sentiment, despite softer ECB hike bets; eyes 1.1825, range-bound near-term.

7

May 2026
Cleveland Fed’s Hammack flags Iran war and petrol-driven inflation risks, backing neutral rates stance

Cleveland Fed’s Hammack cites uncertainty, Iran war risks, and price pressures, supporting neutral stance and steady rates.

7

May 2026
USD/JPY Edges Lower as Oil Slips on Iran Deal Talk; BoJ Hawkishness and Options in Focus

USD/JPY steadied near 156.40 as Iran-US deal hopes eased oil fears, weakening dollar; BoJ hinted hikes.

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