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Monthly Archives: May 2026

Sterling Lifts GBP/JPY Towards 214.50 Resistance as Oil Retreats on US-Iran Deal Hopes

Written on May 26, 2026 at 2:54 am, by

GBP/JPY holds bullish bias near 214.50 resistance as Sterling leads Yen on US-Iran deal optimism.

Mexico current account swings to 3.1% GDP deficit, raising peso pressure and volatility risks

Written on May 26, 2026 at 2:52 am, by

Mexico’s current account swung from 1.55% surplus to -3.1% deficit, signaling peso pressure, volatility.

Mexico Current Account Swings to Q1 Deficit, Stoking Peso Volatility and Carry Trade Unwind Risks

Written on May 26, 2026 at 2:49 am, by

Mexico’s current account flipped to a $15.9bn deficit, sparking peso volatility, carry unwinds, and USD/MXN upside.

S&P 500 Holds Highs as Iran Deal Hopes Lift Risk

Written on May 26, 2026 at 2:47 am, by

S&P 500 steadies near highs as Iran deal hopes, lower oil, Fed risk and tech momentum guide traders.

Scotiabank flags weak dollar, risk-on tone as oil slides and gold tests $4,500 support

Written on May 26, 2026 at 2:35 am, by

Holiday-thinned markets saw weaker USD, record US futures, $5 oil drop; gold $4,500 support risks $800 fall.

US Dollar slips below 99 as US-Iran deal talk eases oil and Fed fears

Written on May 26, 2026 at 2:33 am, by

Dollar slips below 99 as US-Iran deal hopes ease oil, inflation fears; focus shifts to confidence data.

USD/CNH drifts towards 6.7820 support as China PMI lifts yuan, US PCE caps dollar

Written on May 26, 2026 at 2:30 am, by

USD/CNH drifts lower toward 6.7820 support; range-bound 6.7820–6.8220 amid China strength, US inflation uncertainty.

US-Iran peace talks lose pace as nuclear, sanctions disputes lift oil and volatility trades

Written on May 26, 2026 at 2:27 am, by

Momentum on US-Iran deal fades amid nuclear, financial disputes, boosting volatility, oil, VIX hedges, USD strength.

Bank of Korea Seen Turning Hawkish as Won Weakens, Markets Price 125bp of Tightening

Written on May 26, 2026 at 2:25 am, by

Bank of Korea may hold at 2.50% yet sound hawkish, defending won amid weakness, inflation, energy-driven pressures.

Sterling Edges Higher as Risk Appetite Pressures Dollar and Lower Yields Lift GBP/USD

Written on May 26, 2026 at 2:22 am, by

GBP/USD holds near 1.3500 as risk-on optimism, falling yields, and weaker dollar boost sterling further.

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