Monthly Archives: May 2026
USD/JPY breaks above 159 as strong dollar meets Japan hike bets and intervention threat
Written on May 19, 2026 at 5:47 pm, by josephine
USD/JPY tops 159 on dollar strength; Japan GDP beats forecasts, raising BoJ hike bets, capping 160.
USD/JPY Extends Rally Towards 160 as Oil Rises on US-Iran Tensions, Intervention Risk Looms
Written on May 19, 2026 at 5:19 pm, by josephine
USD/JPY extends gains amid dollar strength and oil-linked Fed hawkishness; Japan’s yen pressured despite GDP.
USD/CAD edges higher as softer BoC core inflation and safe-haven Dollar demand lift greenback
Written on May 19, 2026 at 5:17 pm, by josephine
USD/CAD climbed near 1.3760 as safe-haven Dollar demand outweighed oil gains and mixed Canadian inflation readings.
WPIC Sees Fourth Straight Platinum Deficit as Demand Slumps and Gold Outlook Guides Prices
Written on May 19, 2026 at 4:49 pm, by josephine
WPIC forecasts 297,000-ounce platinum deficit; stocks drop to 1.747 million ounces, demand falls, price seen $2,300.
RBA Minutes Signal Near-Term Pause as Markets Price Low Odds of June Hike
Written on May 19, 2026 at 4:47 pm, by josephine
RBA minutes suggest near-term pause; June hike odds 20%, TD expects August rise as inflation broadens.
US Redbook Growth Cools as Consumer Weakens, Prompting Defensive Equity and Volatility Hedges
Written on May 19, 2026 at 4:20 pm, by josephine
United States Redbook Index annual rate slipped to 8.1% on May 15, down from 9.6% previously.
Sterling Rebounds on Fiscal Rules Talk but Weak Labour Data Limits GBP/USD Upside
Written on May 19, 2026 at 4:17 pm, by josephine
GBP/USD rebounds above 1.3400 on fiscal-rule reports, then slows after weak UK jobs data.
Bank of Canada core CPI holds at 0.2%, markets pare June cut odds and reprice CAD rates
Written on May 19, 2026 at 3:49 pm, by josephine
Bank of Canada core CPI was steady at 0.2% month-on-month in April, matching March’s unchanged reading.
Canada CPI undershoots forecasts, fuelling BoC June cut bets and lifting USD/CAD above 1.3750
Written on May 19, 2026 at 3:47 pm, by josephine
Canada’s CPI rose 2.8% in April, undershooting forecasts of 3.1% and signaling softer inflation.
Canada CPI undershoots forecast, fuelling June Bank of Canada rate-cut bets and weighing loonie
Written on May 19, 2026 at 3:19 pm, by josephine
Canada’s Consumer Price Index rose 0.4% in April, missing forecasts of 0.6% and signalling slower inflation.
