Monthly Archives: May 2026
USD/JPY Hovers Near 159 as Breakout Risk Builds, Options Traders Weigh Volatility Plays
Written on May 21, 2026 at 9:47 am, by josephine
USD/JPY trades near 158.90, consolidating above key EMAs; breakout targets 160.73/162.00, supports 158.51/158.23.
France Manufacturing PMI Miss Fuels Bearish CAC 40, Weighs on Euro and ECB Rate Outlook
Written on May 21, 2026 at 9:19 am, by josephine
France’s May HCOB Manufacturing PMI fell to 48.9, signaling contraction and missing expectations by 3.6 points.
France services PMI slump to 42.9 reignites recession fears and ECB cut bets
Written on May 21, 2026 at 9:17 am, by josephine
France’s HCOB Services PMI fell to 42.9 in May, far below 46.5 forecast, signalling contraction.
Sterling Holds Near 1.3435 as Softer UK Inflation Spurs BoE Cut Bets, PMI in Focus
Written on May 21, 2026 at 8:49 am, by josephine
GBP/USD hovered near 1.3435, steady amid UK inflation slowdown, ahead of UK/US PMI data, and US–Iran talks.
Sterling holds near weekly high as Fed hawkishness and UK cooling tilt GBP/USD lower
Written on May 21, 2026 at 8:47 am, by josephine
GBP/USD steadied near 1.3430 as US-Iran tensions, Fed hawkish minutes, and softer UK data influenced sentiment.
India’s HSBC Manufacturing PMI eases in May, fuelling hedging demand and USD/INR upside risk
Written on May 21, 2026 at 8:25 am, by josephine
India’s HSBC Manufacturing PMI eased to 54.3 in May from 54.7, signaling continued manufacturing expansion.
India’s HSBC Services PMI edges up to 58.9 in May, reinforcing growth and market bullishness
Written on May 21, 2026 at 8:22 am, by josephine
India’s HSBC Services PMI edged up to 58.9 in May, remaining above 50, signaling continued growth.
Dollar Holds Firm as Fed Shifts The Rate Debate
Written on May 21, 2026 at 8:20 am, by josephine
USDX steadies near 99 as Fed minutes, Iran risk and December hike pricing support the dollar.
Dutch Consumer Confidence Slides to -46 in May, Raising Concerns Over Eurozone Demand
Written on May 21, 2026 at 8:20 am, by josephine
The Netherlands’ adjusted consumer confidence index fell to -46 in May, down 2 points from -44.
Dutch unemployment slips to 3.9%, clouding ECB cuts and lifting euro and AEX outlook
Written on May 21, 2026 at 8:17 am, by josephine
Netherlands’ seasonally adjusted unemployment rate fell to 3.9% in April, down from 4.0% previous period.
