Monthly Archives: May 2026
New Zealand Consumer Confidence Rebounds in May, Challenging Rate Cut Bets and Supporting the Kiwi
Written on May 29, 2026 at 3:02 am, by josephine
New Zealand consumer confidence rebounded in May, challenging rate-cut bets and supporting equities and the kiwi dollar.
Sterling Holds Near 1.3440 as Softer US PCE and GDP Fail to Lift GBP/USD
Written on May 29, 2026 at 3:00 am, by josephine
Softer US PCE and GDP barely moved GBP/USD; traders await Bailey, ISM and NFP catalysts.
Oil Surges and Volatility Spikes as US-Iran Strikes Raise Risks in Strait of Hormuz
Written on May 29, 2026 at 2:57 am, by josephine
US-Iran clashes near Strait of Hormuz spark oil surge, volatility fears, and shifts toward gold and defense.
NZD/USD Breaks Above Key Averages as RBNZ Hawkish Hold Lifts Kiwi Towards 0.6000
Written on May 29, 2026 at 2:00 am, by josephine
NZD/USD breaks higher after RBNZ hawkish hold, reclaiming key SMAs; 0.5950 break targets 0.6000 next.
Chinese bond resilience widens yield gap, raising yuan selling risk as investors rebalance allocations
Written on May 29, 2026 at 1:57 am, by josephine
Chinese bonds stay resilient as global yields rise, but rebalancing flows may weaken yuan and lift USD/CNY.
Gold rebounds towards $4,500 as ceasefire extension talk dents dollar despite firmer US inflation
Written on May 29, 2026 at 1:30 am, by josephine
Gold rebounded above $4,500 on ceasefire-extension hopes and softer dollar, despite warm inflation; central bank buying supports.
Thai baht pressured as record April trade deficit widens and rate gap favours dollar
Written on May 29, 2026 at 1:26 am, by josephine
Thai baht weakens as record $10bn trade deficit widens, rate differentials favor dollar; USD/THB upside persists.
USD/SGD hovers near 1.2770 as S$NEER tests upper band, keeping pair range-bound
Written on May 29, 2026 at 1:06 am, by josephine
USD/SGD held near 1.2770 as S$NEER neared 2% upper bound, keeping prices range-bound around 1.2795–1.2850.
Nikkei futures hit record highs as Elliott Wave rally extends, BoJ policy and weak yen underpin gains
Written on May 29, 2026 at 1:03 am, by josephine
Nikkei futures hit record highs; Elliott Wave suggests wave 3 underway, with pullback a bullish buying opportunity.
Sterling edges higher as US-Iran deal rumour dents dollar, focus turns to US PCE
Written on May 29, 2026 at 1:00 am, by josephine
GBP/USD edged higher on Iran deal rumors but remains fragile amid geopolitical tensions and divergent central-bank policy.
