Monthly Archives: May 2026
Gold steadies near $4,950 as rate-cut bets and geopolitical risks lift appetite for bullion
Written on May 13, 2026 at 12:26 pm, by josephine
Gold hovers near $4,700; stronger dollar, rising yields, and geopolitical tensions pressure prices as traders await data.
GBP/USD Selling Eases as Starmer Leadership Jitters Persist; Traders Eye 1.3482 Support
Written on May 13, 2026 at 12:23 pm, by josephine
GBP/USD selling eases; Starmer leadership challenge risk persists. SocGen sees support 1.3482/1.3420, resistance 1.3660.
The Bigger Market Signal Behind PM Modi’s Call to Reduce Gold Buying
Written on May 13, 2026 at 12:06 pm, by maya
Financial markets rarely react solely to policy changes; they respond to the underlying message behind the policy. Prime Minister Narendra Modi’s recent appeal urging citizens to avoid non-essential gold purchases, reduce foreign travel, conserve fuel, and prepare for prolonged geopolitical uncertainty has triggered strong discussion across India’s financial ecosystem. The statement may appear precautionary on Continue Reading
USD/JPY Eyes Gains Below 157.95 as Rate Gap and Intervention Risks Drive Volatility
Written on May 13, 2026 at 11:55 am, by josephine
USD/JPY swung sharply, closing 157.61; modest upside expected, capped below 157.95 with key supports at 157.40.
USD/CHF Holds Above 0.7800 as Hot US Inflation, Higher Yields and Middle East Tensions Lift Dollar
Written on May 13, 2026 at 11:53 am, by josephine
USD/CHF holds above 0.7800 as hot US inflation, rising yields, and Middle East tensions boost dollar.
IEA Sees 2026 Oil Supply Deficit as Hormuz Disruption Deepens, Despite Softer Demand Outlook
Written on May 13, 2026 at 11:41 am, by josephine
IEA warns 2026 oil supply could drop 3.9 million bpd as Hormuz disruptions tighten markets globally.
ING Sees Low EUR/USD Implied Volatility, Range Trade Bias Ahead of ECB Speeches
Written on May 13, 2026 at 11:38 am, by josephine
ING sees EUR/USD volatility low at 5.7%, suggesting range trade; support near 1.1650, ECB speeches watched.
Dollar firms as sticky US inflation lifts yields, with PPI and Trump-Xi summit in focus
Written on May 13, 2026 at 11:35 am, by josephine
Dollar rises after strong US CPI lifts yields; markets await Eurozone GDP, US PPI, and Trump-Xi summit.
Dollar Index tests channel resistance near 98.50 as Fed divergence later drives rally to 104.75
Written on May 13, 2026 at 11:33 am, by josephine
DXY rises near 98.40, testing channel resistance; momentum weak, key levels 98.50/98.60 and 98.26/97.35.
Dollar firms after hot US CPI lifts yields; focus shifts to PPI and Fed hike odds
Written on May 13, 2026 at 11:30 am, by josephine
Dollar strengthens on hotter CPI, lifting yields and Fed hike bets; focus shifts to upcoming PPI.
