Monthly Archives: May 2026
Sterling slips as Hormuz tensions lift dollar ahead of US PCE; GBP/USD tests key supports
Written on May 28, 2026 at 1:27 pm, by josephine
GBP/USD slips near 1.3400 as Hormuz tensions and firm PCE expectations boost dollar, pressuring sterling.
TD Securities brings forward July RBNZ rate hike call, still expects four 25bp moves
Written on May 28, 2026 at 1:00 pm, by josephine
TD Securities now expects the RBNZ to hike in July, projecting four 25bp moves, capped near 3.50%.
Dollar index holds near April high as markets await US GDP and PCE inflation data
Written on May 28, 2026 at 12:57 pm, by josephine
Dollar Index hits April high near 99.5; steady above key EMA as GDP/PCE data test bullish outlook.
Eurozone Consumer Confidence Holds at -19 in May, Bolstering ECB Hold and Low Volatility Views
Written on May 28, 2026 at 12:34 pm, by josephine
Eurozone consumer confidence held at -19 in May, matching forecasts, reinforcing weak sentiment and supporting ECB patience.
Eurozone Industrial Confidence Holds at -8, Keeping Volatility Low and Pressure on Euro
Written on May 28, 2026 at 12:32 pm, by josephine
Eurozone industrial confidence held at -8 in May; subdued sentiment supports low volatility, rangebound equities, bearish euro.
USD/JPY nears 160 as yield spreads widen, with Japan intervention risk back in focus
Written on May 28, 2026 at 12:30 pm, by josephine
USD/JPY nears 160 as yield gaps widen; intervention risk rises; options hedge costs fall; BOJ hike priced.
Euro steadies above 1.1600 as Iran tensions lift oil and underpin dollar demand
Written on May 28, 2026 at 12:27 pm, by josephine
EUR/USD rebounded above 1.1600, but geopolitical tensions lifted oil, boosted dollar demand, and kept euro constrained.
Stournaras Signals Likely June ECB Rate Rise as Euro Holds Steady Amid Inflation Concerns
Written on May 28, 2026 at 11:31 am, by josephine
Stournaras signals likely June ECB rate hike to curb inflation; euro steady, volatility rising, traders adjust.
Gold rebounds from two-month low as stronger dollar and hawkish Fed expectations cap gains
Written on May 28, 2026 at 11:28 am, by josephine
Gold rebounds slightly, but strong dollar and hawkish Fed keep bullion pressured; traders eye volatility.
Global equities retreat as US strikes and Iran sanctions spur risk-off mood, lifting oil and yields
Written on May 28, 2026 at 11:00 am, by josephine
Global stocks fell after US strikes and sanctions on Iran, dragging futures, Asia, oil higher, yields.
