Monthly Archives: May 2026
PBOC Holds Loan Prime Rates as AUD/USD Slips Amid Cautious Outlook on China Growth
Written on May 20, 2026 at 6:19 am, by josephine
PBOC holds China Loan Prime Rates steady: one-year 3.00%, five-year 3.50%; AUD/USD slips 0.14%.
USD/JPY Steadies Near 159 as Japan Intervention Risk Caps Gains Amid Iran Tensions
Written on May 20, 2026 at 5:50 am, by josephine
USD/JPY held near 159.05 as intervention fears persisted; traders watched US-Iran tensions and Japan’s CPI.
Philadelphia Fed’s Paulson favours steady rates, flags elevated inflation risks and potential hikes
Written on May 20, 2026 at 5:22 am, by josephine
Paulson favors holding rates; cuts require sustained inflation progress, stable jobs. Hikes possible if growth strengthens.
Gold slides towards $4,480 as surging US Treasury yields outweigh Hormuz-driven inflation fears
Written on May 20, 2026 at 5:19 am, by josephine
Gold slid near $4,480 as surging U.S. Treasury yields and persistent inflation worries boosted rate-hike expectations.
AUD/USD Falls as Yield Gap Narrows

Written on May 20, 2026 at 5:03 am, by davin
AUD/USD slips near five-week lows as Fed hike bets, RBA caution, jobs data and global risk pressure the Aussie.
WTI steadies above $103 as Trump delays Iran strike and Hormuz closure squeezes supply
Written on May 20, 2026 at 4:52 am, by josephine
Trump paused Iran strike; Hormuz still mostly closed, NATO deadline looms, API shows big draw; WTI rebounds above $103.
Sterling slips as mixed UK jobs data and softer inflation outlook put BoE cuts in focus
Written on May 20, 2026 at 4:49 am, by josephine
Mixed UK jobs data lifted unemployment to 5%, pressuring GBP/USD; eyes on CPI, PMI, retail sales.
USD/JPY Nears 160 as Fed Bets Hit Yen

Written on May 20, 2026 at 4:25 am, by davin
USD/JPY holds near 159 as Fed hike bets, oil risk, BOJ policy and intervention fears pressure the yen.
AUD/USD slides below key moving average as US dollar holds firm; traders eye China, Fed signals
Written on May 20, 2026 at 4:21 am, by josephine
AUD/USD slips below 50-day EMA as USD holds firm; China LPR, PMIs, and Aussie jobs awaited.
NZD/USD slides towards 0.5830 as firm US jobs data and Iran tensions lift dollar
Written on May 20, 2026 at 4:19 am, by josephine
NZD/USD slid near 0.5830 as strong US jobs data and Iran tensions boosted the Dollar.