Monthly Archives: May 2026
Gold falls under $4,550 as Iran tensions propel dollar and yields higher; investors expect no 2026 Fed cuts
Written on May 5, 2026 at 5:26 am, by josephine
Gold drops over 2% as dollar and yields rise amid Middle East tensions; traders eye Fed, jobs data.
Amid geopolitical tensions, safe-haven Dollar demand weighs on NZD/USD, leaving it subdued near 0.5870
Written on May 5, 2026 at 5:23 am, by josephine
NZD/USD hovered near 0.5870 as risk-off dollar demand grew; investors await New Zealand jobs data and US indicators.
Gold Holds Its Ground Near $4,540
Written on May 5, 2026 at 5:20 am, by josephine
Gold steadies near $4,540 as Fed easing hopes face oil-led inflation risk and a firmer dollar. | VT Markets
Following BoJ intervention surprise, USD/JPY remained rangebound near 157.20 after gaps and volatility across sessions
Written on May 5, 2026 at 4:56 am, by josephine
USD/JPY steadied near 157.20 as Japan intervened, BOJ held rates, and US jobs data looms.
Risk aversion pushed GBP/USD down 0.35%, ending near 1.3530 after rejection at 1.3600 in choppy trade
Written on May 5, 2026 at 4:53 am, by josephine
GBP/USD fell to 1.3530 as BOE held rates; traders await US jobs data and key PMIs.
AUD/USD retreats to about 0.7170 as traders await the RBA decision, after recent multi-year highs
Written on May 5, 2026 at 4:26 am, by josephine
AUD/USD slipped to 0.7170 ahead of RBA decision; markets price hike as US jobs data looms.
After the US close, AMD, Super Micro and Navitas report, prompting markets to reassess AI rally continuation
Written on May 5, 2026 at 4:23 am, by josephine
AMD, SMCI and Navitas report May 5; options imply big moves, with AI-cloud results supporting volatility.
MUFG’s Michael Wan says China invoked its 2021 Blocking Statute, countering US sanctions on five refineries
Written on May 5, 2026 at 3:55 am, by josephine
China invokes 2021 Blocking Statute, barring compliance with US refinery sanctions, raising legal risks for third parties.
In April, Argentina’s month-on-month tax revenue plunged to 17B, down from 16071B previously
Written on May 5, 2026 at 3:53 am, by josephine
Argentina’s April tax revenue plunged to 17B from 16071B previously, signaling a sharp monthly decline.
OCBC’s strategists say USD/SGD slipped into New York close, favouring sell-on-rallies amid softer Brent, USD/JPY
Written on May 5, 2026 at 3:26 am, by josephine
OCBC says USD/SGD dipped on oil and USD/JPY pullback; near-term two-way trade, sell rallies preference.
