Monthly Archives: May 2026
EUR/USD remains near 1.1735, as dollar weakness persists after suspected Japanese forex market intervention overnight
Written on May 1, 2026 at 7:25 am, by josephine
EUR/USD holds near 1.1735 as dollar weakens; traders await US PMI, ECB remarks, key levels watched.
During Asian hours, GBP/USD holds near 1.3610 as safe-haven flows boost the US Dollar amid conflict
Written on May 1, 2026 at 7:22 am, by josephine
GBP/USD held near 1.3610 as Middle East tensions boosted dollar demand; US inflation, GDP and BoE focus.
Australia’s year-on-year producer prices eased to 3% in Q1, down from 3.5% previously
Written on May 1, 2026 at 6:55 am, by josephine
Australia’s Producer Price Index eased to 3% year-on-year in Q1, down from 3.5% previously.
USD/JPY rebounds above 155 as softer Tokyo inflation and Iran tensions outweigh intervention warnings
Written on May 1, 2026 at 6:52 am, by josephine
USD/JPY rebounded to 157.25 as yen weakened, BoJ pause bets grew, and firmer dollar supported.
NZD/USD retreats towards 0.5900, as weaker April consumer confidence keeps the New Zealand Dollar subdued
Written on May 1, 2026 at 6:24 am, by josephine
NZD/USD fell to 0.5900 as weak NZ confidence and permits data, plus Middle East tensions, lifted USD.
China’s central bank set the USD/CNY daily fixing at 6.8628, up from 6.8608 previously
Written on May 1, 2026 at 6:22 am, by josephine
PBOC set USD/CNY fixing at 6.8628; manages exchange-rate stability via policy tools amid state oversight and reforms.
In April, Tokyo’s year-on-year Consumer Price Index in Japan edged up from 1.4% to 1.5%
Written on May 1, 2026 at 5:54 am, by josephine
Tokyo’s consumer inflation rose to 1.5% year-on-year in April, up slightly from 1.4% previously reported.
In April, Japan’s Tokyo CPI excluding fresh food rose 1.5% year-on-year, missing the 1.8% forecast
Written on May 1, 2026 at 5:52 am, by josephine
Tokyo CPI excluding fresh food rose 1.5% year-on-year in April, undershooting market expectations of 1.8%.
In April, Tokyo’s year-on-year CPI excluding food and energy in Japan fell from 1.7% to 1.5%
Written on May 1, 2026 at 5:25 am, by josephine
Tokyo’s core CPI excluding food and energy rose 1.5% in April, easing from 1.7% previously.
During the Asian session, gold trades near $4,630 as Middle East tensions drive safe-haven demand
Written on May 1, 2026 at 5:22 am, by josephine
Gold jumps to $4,630 as Middle East tensions fuel safe-haven demand; Hormuz blockade stokes inflation and uncertainty.
