DXY slipped near 97.90 as risk improved, yields fell, oil eased; markets await key May data.
Dollar index dips to 97.90 as risk improves; ceasefire efforts persist; jobs beat, yields fall, key data awaited.
Semiconductor Index surged after 6.7% dip; Elliott Wave targets 12,110–12,300 near-term, then retrace toward 10,000.
Hungary’s inflation rose in April; CPI hit 2.1% yearly, with steady rates expected through year-end.
India forecasts 2026 monsoon 8% below average; El Niño, heatwaves threaten crops, prices; RBI likely holds rates.
USD/JPY dips near 156.60 as Yen demand rises on Middle East tensions; US data mixed.
Gold climbed 0.75% near $4,711 as ceasefire hopes, softer dollar and yields offset strong jobs.
Wells Fargo sees April CPI firming: headline 3.8%, core 2.9%, with elevated energy and shelter.
Nomura warns Iran war may keep UK inflation elevated until 2027, weakening growth, boosting Reform support.
USD/CHF neared two-month lows amid broad dollar weakness, Middle East tensions, and mixed US jobs data.
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