Monthly Archives: May 2026
Bank Indonesia’s surprise 50bp rate hike and tighter FX measures bolster rupiah amid global turmoil
Written on May 20, 2026 at 6:53 pm, by josephine
Bank Indonesia hiked rates 50bp to 5.25%, tightening FX measures to stabilise rupiah amid volatility.
USD/JPY back near 159 as US yields drive gains, Japan intervention risk builds towards 160
Written on May 20, 2026 at 6:50 pm, by josephine
USD/JPY rebounds near 159 on US yields; intervention risk rises near 160–161 amid bullish technical momentum.
ING flags EUR/USD downside as Fed-ECB divergence widens and 1.1570 support comes into focus
Written on May 20, 2026 at 5:51 pm, by josephine
ING warns EUR/USD downside risks persist; 1.1570 support eyed as rising US rates pressure euro.
Oil eases from peaks but holds above $100 as US-Iran tensions and inventory data loom
Written on May 20, 2026 at 5:49 pm, by josephine
Oil prices eased from peaks but stayed above $100 as US-Iran tensions and supply fears persisted.
TD Securities sees April FOMC minutes signalling hawkish tilt as markets eye 20-year Treasury auction
Written on May 20, 2026 at 5:22 pm, by josephine
TD Securities expects April FOMC minutes to show easing-bias support, hawkish dissents, and June shift outlook.
South Africa Retail Sales Beat Forecasts, Lifting Rand and JSE Outlook, Testing Bond Market Bets
Written on May 20, 2026 at 5:19 pm, by josephine
South Africa’s retail sales grew 2.6% year on year in March, accelerating from 1.6% previously.
USD/CAD holds firm as softer Canadian inflation dents July BoC hike bets, Fed outlook supports dollar
Written on May 20, 2026 at 4:21 pm, by josephine
USD/CAD climbed to 1.3772 as BoC July hike odds fell; markets awaited Fed minutes, bullish signals.
EUR/GBP slides as UK inflation outpaces Eurozone, fuelling BoE-ECB policy divergence
Written on May 20, 2026 at 4:19 pm, by josephine
EUR/GBP hovered above 0.8655 as bearish momentum persisted; inflation data offered limited support; key support/resistance levels.
Euro pressured as ECB cut bets rise, Fed stays hawkish; EUR/USD downside options in focus
Written on May 20, 2026 at 3:59 pm, by josephine
Euro slides to six-week low as oil tops $100; Eurozone inflation rises, eyes on Fed minutes.
Indian rupee hovers near record lows as oil above $100 and US yields lift USD/INR
Written on May 20, 2026 at 3:57 pm, by josephine
Indian Rupee hovered near record lows as rising oil prices, Iran tensions, and yields supported USD/INR.
