Live Updates

    6 May 2026
    Dollar stuck in tight range as payrolls fade and CPI steers Fed outlook

    Dollar stuck near 98 DXY as volatility fades; payrolls seen capped, CPI and Middle East drive downside risks.

    6 May 2026
    Gold rallies as dollar and oil slide on US-Iran deal hopes; traders brace for volatility

    Gold jumped over 3% as dollar and oil fell on progress toward US-Iran deal, easing tensions.

    6 May 2026
    EUR/GBP steady as Iran deal headlines fade; UK-EZ PMI gap favours sterling, options target 0.8500

    EUR/GBP steadied near 0.8635 as US-Iran deal headlines and mixed PMIs left euro and pound directionless.

    6 May 2026
    Eurozone PMI Slump and Sticky Inflation Put ECB in Bind, Raising Downside Risks for Euro

    Eurozone April PMI slumped into contraction; services hit multiyear low as costs and prices rose, pressuring euro.

    6 May 2026
    Canada’s Ivey PMI surge challenges BoC cut bets, supporting Canadian dollar and TSX upside

    Canada’s April Ivey PMI surged to 57.7, beating the 49.9 forecast and signaling economic expansion.

    6 May 2026
    USD/CAD Holds Steady as Softer Oil Offsets Risk Mood; BoC Briefing and 1.35 Support in Focus

    USD/CAD steady as oil slips, risk appetite improves; BoC testimony looms, technicals keep bearish bias.

    6 May 2026
    Societe Generale sees yen undervalued, warns crowded carry trades as Japan eyes USD/JPY pullback

    Societe Generale says yen is undervalued; carry trades persist, but intervention risks could push USD/JPY lower.

    6 May 2026
    USD/CHF slides as US–Iran détente lifts risk appetite and Swiss inflation strengthens franc

    USD/CHF slipped near 0.7790 as risk appetite rose on US–Iran progress and higher Swiss inflation.

    6 May 2026
    UK gilts sell off as election uncertainty lifts yields and keeps sterling volatility elevated

    UK gilt yields jumped 10–12bp, driven by political uncertainty and election risks, pressuring sterling.

    6 May 2026
    USD/CAD treads water as US-Iran deal optimism weighs on dollar and oil hits loonie

    USD/CAD hovered near 1.3608 as US-Iran deal hopes hit dollar; oil slump pressured Canada’s loonie.

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