Monthly Archives: May 2026
During Asian trading, XAG/USD stays positive near $75.40 after dropping below $75.50 as demand eases
Written on May 4, 2026 at 5:28 am, by josephine
Silver dips after gap-up, trades near $75.40 as US–Iran talks ease safe-haven demand, raising inflation fears.
Amid looming Iran tensions, NZD/USD rebounds above 0.5900, eyeing 0.5925 ahead of NZ-US jobs data
Written on May 4, 2026 at 5:25 am, by josephine
NZD/USD climbs above 0.5900; Middle East tensions boost USD, RBNZ cautious hopes support kiwi; key resistance 0.5925.
As oil prices fall, the commodity-linked Canadian dollar weakens, lifting USD/CAD near 1.3590 in Asia
Written on May 4, 2026 at 5:23 am, by josephine
USD/CAD climbed near 1.3590 as oil slid, while Strait of Hormuz tensions tempered safe-haven demand.
Week Ahead: Oil Puts Fed Cuts On Ice
Written on May 4, 2026 at 5:21 am, by josephine
Oil above $100 keeps inflation risk alive, complicates the Fed’s rate-cut path, and leaves traders watching USDX, XAUUSD, USOil, SP500 and BTCUSD for sharper cross-asset moves this week. | VT Markets
RBNZ member Prasanna Gai says pre-emptive tightening needs strong synchronisation and an active coordination mechanism, without bias
Written on May 4, 2026 at 4:55 am, by josephine
RBNZ’s Gai says pre-emptive tightening needs strong synchronisation and coordination; no automatic tightening bias; NZD/USD rises.
Sterling rises slightly to around 1.3580; Middle East tensions curb gains, awaiting Friday’s US jobs report
Written on May 4, 2026 at 4:53 am, by josephine
GBP/USD edges up near 1.3580; Middle East tensions and Friday’s US jobs report may cap gains.
WTI rebounds above $98 after opening near $96.45; Hormuz concerns counterbalance OPEC+ increased output during Asia session
Written on May 4, 2026 at 4:25 am, by josephine
WTI rebounds near $96.45; Hormuz tensions, stalled US-Iran talks offset OPEC+ output hike and stronger dollar.
EUR/USD trades near 1.1720 in Asia amid reports the US will increase tariffs on EU vehicles
Written on May 4, 2026 at 4:23 am, by josephine
EUR/USD stayed near 1.1720 as Trump raised EU auto tariffs and Middle East tensions boosted dollar demand.
Australia’s annual building permits rose 9% in March, easing from the prior 14% growth rate
Written on May 4, 2026 at 3:25 am, by josephine
Australia’s building permits climbed 9% year-on-year in March, easing from a 14% increase previously.
Australia’s March building permits fell 10.5% month-on-month, undershooting the expected 9.9% decline
Written on May 4, 2026 at 3:23 am, by josephine
Australia’s March building permits dropped 10.5% month-on-month, underperforming expectations for a 9.9% decline.
