Monthly Archives: May 2026
Thai baht pressured as record April trade deficit widens and rate gap favours dollar
Written on May 29, 2026 at 1:24 am, by josephine
Thai baht weakens as record $10bn trade deficit widens, rate differentials favor dollar; USD/THB upside persists.
USD/SGD hovers near 1.2770 as S$NEER tests upper band, keeping pair range-bound
Written on May 29, 2026 at 1:03 am, by josephine
USD/SGD held near 1.2770 as S$NEER neared 2% upper bound, keeping prices range-bound around 1.2795–1.2850.
Nikkei futures hit record highs as Elliott Wave rally extends, BoJ policy and weak yen underpin gains
Written on May 29, 2026 at 1:00 am, by josephine
Nikkei futures hit record highs; Elliott Wave suggests wave 3 underway, with pullback a bullish buying opportunity.
Sterling edges higher as US-Iran deal rumour dents dollar, focus turns to US PCE
Written on May 29, 2026 at 12:58 am, by josephine
GBP/USD edged higher on Iran deal rumors but remains fragile amid geopolitical tensions and divergent central-bank policy.
Dollar steadies as Iran truce doubts lift yields; equities extend run, gold and crypto slide
Written on May 29, 2026 at 12:54 am, by josephine
Dollar rebounds as Iran truce uncertainty lifts yields; stocks hit records, while gold and crypto weaken before key data.
WTI swings between $86 and $91 as US-Iran truce talk offsets Middle East strikes
Written on May 29, 2026 at 12:03 am, by josephine
WTI swung between $86-$91 as US-Iran conflict and diplomacy headlines drove volatility; traders eye options strategies.
EIA crude stocks fall 3.3m barrels, missing forecasts as OPEC+ decision looms
Written on May 29, 2026 at 12:00 am, by josephine
EIA data showed crude stocks fell 3.327 million barrels, undershooting forecasts, hinting weaker demand amid OPEC+ uncertainty.
Gold rebounds as dollar retreats and US-Iran truce talks offset yields and firm Fed stance
Written on May 28, 2026 at 11:57 pm, by josephine
Gold rebounded as the dollar eased on softer inflation and US-Iran truce extension hopes; upside limited.
US four-week bill yield edges up to 3.63% as markets pare back Fed cut expectations
Written on May 28, 2026 at 11:54 pm, by josephine
Treasury four-week bill yield rose to 3.63%, signaling firmer front-end rates, fewer Fed cuts, boosting dollar.
Sterling edges higher as US-Iran ceasefire talks buoy risk mood, dollar pressured by soft data
Written on May 28, 2026 at 10:57 pm, by josephine
Sterling rebounded as US-Iran ceasefire talks weakened dollar; mixed US data and UK politics capped gains.