Live Updates

    6 May 2026
    Wall Street rallies on US-Iran deal hopes as oil slides and chip stocks surge

    US stocks surged on US-Iran deal hopes; oil fell; semiconductors rallied; AMD soared; yields stayed supported.

    6 May 2026
    BNY’s Yu warns crowded Latin American total-return trade unwinds as Mexico peso hedging rises

    Latin America FX and equities seen as one trade; currencies overheld, bond positions reversing unevenly, Mexico hedging rises.

    6 May 2026
    Silver jumps above $77 on US-Iran deal hopes as dollar and yields retreat

    Silver jumps 5.5% near $77 as US-Iran deal hopes weaken dollar, oil, yields; upside capped.

    6 May 2026
    Sterling climbs as US-Iran deal hopes weaken dollar, despite strong jobs data

    GBP/USD jumped 0.59% as Axios reported US-Iran deal hopes, weakening dollar despite strong US jobs data.

    6 May 2026
    Sterling rises as US-Iran deal hopes weaken dollar; traders weigh options amid shifting macro outlook

    GBP/USD climbed 0.59% as US-Iran peace deal hopes weakened dollar; ADP beat; oil plunged.

    6 May 2026
    EUR/USD climbs on possible US-Iran deal hopes as oil drops and Fed cut bets return

    EUR/USD climbed near 1.1750 as US-Iran deal hopes dented dollar, oil, yields; payrolls capped gains.

    6 May 2026
    AUD/USD Climbs on US-Iran Deal Hopes, but Strong US Jobs Data Caps Gains

    AUD/USD climbed near 0.7240 on US-Iran agreement hopes; risk sentiment improved, but strong ADP capped gains.

    6 May 2026
    US dollar slips as Iran deal hopes hit oil, yen intervention and China data lift risk currencies

    US-Iran peace hopes and lower Brent prices pressured the dollar; USD/JPY fell on intervention, China data boosted AUD/NZD.

    6 May 2026
    USD/SEK Slides as Sweden’s Disinflation Locks in Riksbank Hold and Supports Krona Real Yields

    USD/SEK drops on broad dollar weakness as softer Swedish inflation dampens Riksbank hike expectations, supporting krona.

    6 May 2026
    St Louis Fed’s Musalem flags tariff and war uncertainty as inflation risks keep rates in play

    St. Louis Fed’s Musalem says tariffs and war add uncertainty as inflation risks rise; rates may stay.

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