Monthly Archives: May 2026
During early European hours, EUR/JPY trades near 183.00, extending a second day of losses, bearish bias prevailing
Written on May 1, 2026 at 12:24 pm, by josephine
EUR/JPY slipped near 183.00, staying below key EMAs; RSI signals downside, with support at 181.87.
Müller says the ECB is increasingly likely to require interest-rate rises to curb inflationary pressures across Europe
Written on May 1, 2026 at 12:22 pm, by josephine
ECB’s Madis Müller says rate hikes increasingly likely as high energy prices persist; EUR/USD ticks higher.
EUR/USD slips beneath 1.1720, easing from 1.1740, yet retains most prior gains amid holiday-thinned volumes
Written on May 1, 2026 at 11:55 am, by josephine
EUR/USD rose near 1.1742 as dollar weakened; yen plunged on alleged intervention; ECB signals hikes, oil risks.
Amid Iran–US tension and Hormuz Strait blockade, the dollar gains, pushing NZD/USD down near 0.5890
Written on May 1, 2026 at 11:52 am, by josephine
NZD/USD fell below 0.5900 as Middle East tensions and Fed stance boosted safe-haven dollar demand.
Silver trades near $73.70 in Europe, lingering around its 20-day EMA, as the Fed stays higher longer
Written on May 1, 2026 at 11:24 am, by josephine
Silver hovers $73.70 below 20-day EMA as Fed speeches loom; oil-led inflation fears weigh, key levels.
Iran tensions and a hawkish Fed help the Dollar Index rebound, recouping losses after retreating from highs
Written on May 1, 2026 at 11:22 am, by josephine
Dollar Index rebounded near 98.25 as US-Iran tensions and hawkish Fed lift demand; key supports watched.
Australia’s RBA SDR commodity index rose year on year to 15.7%, increasing from 12.8% previously
Written on May 1, 2026 at 11:00 am, by josephine
RBA Commodity Index (SDR) in Australia rose to 15.7% year-on-year in April, from 12.8%.
Swiss real retail sales grew 0.5% year-on-year, undershooting forecasts of 1% during March on released data
Written on May 1, 2026 at 10:57 am, by josephine
Switzerland’s real retail sales rose 0.5% year-on-year in March, falling short of the 1% forecast.
Euro weakens amid risk-off mood and Middle East tensions, dragging EUR/CAD towards 1.5900 in Asia
Written on May 1, 2026 at 10:55 am, by josephine
EUR/CAD slips near 1.5920 as Middle East tensions trigger risk-off, weaker euro and stronger oil-backed Canadian dollar.
During early European trade, WTI slips near $102.40 as a firmer dollar offsets Iran risk support
Written on May 1, 2026 at 10:52 am, by josephine
WTI slipped to $102.40 as dollar strengthened; Middle East tensions and Hormuz closure limited losses, supporting prices.
