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Live Updates

12

May 2026
Wall Street records mask narrow chip-led rally as South Korea AI tax fears hit tech sentiment

US stocks hit record highs, led by semiconductors and energy, while Asia wobbled on Korea tax talk.

9

May 2026
Speculators’ yen shorts shrink as BoJ normalisation talk and softer US data lift JPY outlook

CFTC data show Japan’s JPY non-commercial net positions improved to -61.7K, still indicating net short yen holdings.

8

May 2026
Bank Indonesia Tightens Dollar Purchase Caps and Boosts Rupiah Support via Bonds and NDF Access

Bank Indonesia tightens dollar purchase limits, buys bonds, and enables offshore NDF access to support rupiah.

7

May 2026
Gold pares gains as Hormuz tensions lift oil and dollar, while Fed signals higher-for-longer rates

Gold pares gains as dollar, oil rebound on Hormuz tensions; Fed hawkish, data steady; XAU faces key resistance.

7

May 2026
Indian Rupee Recovers as Oil Slides on Hormuz Reopening Hopes; USD/INR Tests Key Support

Rupee rebounded as oil prices fell on Strait of Hormuz reopening hopes; USD/INR slipped near 94.15.

7

May 2026
RBI weighs foreign currency bond route to bolster rupee as dollar inflows and volatility in focus

RBI considers state-run banks issuing dollar bonds with swaps to boost inflows, support rupee, narrow deficits.

7

May 2026
Australia trade balance swings to $1.84bn deficit as imports surge, weighing on Aussie dollar

Australia’s March trade balance flipped to $1.84B deficit as exports fell and imports surged, pressuring AUD/USD.

6

May 2026
USD/SEK Slides as Sweden’s Disinflation Locks in Riksbank Hold and Supports Krona Real Yields

USD/SEK drops on broad dollar weakness as softer Swedish inflation dampens Riksbank hike expectations, supporting krona.

6

May 2026
St Louis Fed’s Musalem flags tariff and war uncertainty as inflation risks keep rates in play

St. Louis Fed’s Musalem says tariffs and war add uncertainty as inflation risks rise; rates may stay.

6

May 2026
Societe Generale sees yen undervalued, warns crowded carry trades as Japan eyes USD/JPY pullback

Societe Generale says yen is undervalued; carry trades persist, but intervention risks could push USD/JPY lower.

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