Monthly Archives: May 2026
Societe Generale flags EUR/GBP head-and-shoulders risk, eyes 0.8610 break and 0.8535 target
Written on May 26, 2026 at 2:22 pm, by josephine
EUR/GBP head-and-shoulders targets 0.8535 on break below 0.8610; resistance 0.8730 favors put options strategy.
USD/CAD Holds Near 1.3800 as Iran Deal Headlines and Firmer Oil Offset Dollar Bid
Written on May 26, 2026 at 2:20 pm, by josephine
USD/CAD consolidates near 1.3800; USD safe-haven bid offsets stronger oil-backed CAD, key resistance 1.3815.
MUFG Sees RBNZ Holding Rates but Striking Hawkish Tone, Lifting NZD on Higher OCR Path
Written on May 26, 2026 at 1:58 pm, by josephine
MUFG expects RBNZ to hold rates, signal hawkishness, lift forecasts; NZD gains on positioning, softer USD.
AUD/USD slips into consolidation as UOB turns neutral, eyes 0.7150–0.7185 range
Written on May 26, 2026 at 1:55 pm, by josephine
AUD/USD failed above 0.7175, shifting to neutral amid consolidation, with ranges 0.7150–0.7185 and 0.7100–0.7215.
AUD/USD Holds in Tight Range as RBA Inflation and Fed Cut Odds Keep Direction Unclear
Written on May 26, 2026 at 1:53 pm, by josephine
AUD/USD trades sideways near key EMAs; RSI neutral. Watch 0.7163/0.7270 resistance, 0.7118/0.7080 support.
WTI rallies past $91 as IRGC intercepts MQ-9 drone, fuelling Hormuz supply disruption fears
Written on May 26, 2026 at 1:50 pm, by josephine
IRGC says it intercepted an MQ-9 drone; oil jumps above $91 as ceasefire doubts fuel volatility.
S&P 500 Extends Eight-Week Rally as Falling Oil Prices Broaden Gains Beyond Big Tech
Written on May 26, 2026 at 12:53 pm, by josephine
S&P 500 notches eighth weekly gain as oil drops; tech lags, volatility low, rotation broadens.
Gold Struggles Below $4,580 as Dollar Strength and Hawkish Fed Bets Weigh
Written on May 26, 2026 at 12:50 pm, by josephine
Gold slips below $4,580 as dollar strengthens; Iran tensions, oil rebound boost hawkish Fed outlook, bearish setups.
TD Securities sticks to bearish 2026 dollar view as Fed holds and global growth improves
Written on May 26, 2026 at 12:23 pm, by josephine
TD Securities stays bearish USD into 2026, citing resilient global growth, steady core inflation, narrowing rate differentials.
European equities climb in holiday trade as falling yields fuel rotation into growth and cyclicals
Written on May 26, 2026 at 12:20 pm, by josephine
European equities climbed as falling long-end yields fueled risk-on rotation into cyclicals, small caps, growth, semiconductors.