Live Updates

    4 May 2026
    Amid Hormuz tensions and Iran threats, the US Dollar strengthens, pushing GBP/USD down to 1.3531

    GBP/USD slid to 1.3531 as Hormuz tensions and higher oil boosted the dollar; markets await US data.

    4 May 2026
    Ahead of the RBA policy decision, AUD/USD hovers around 0.7190, with Middle East tensions capping gains

    AUD/USD hovers near 0.7190 pre-RBA decision; expected 25bp hike, fragile risk sentiment, key levels monitored.

    4 May 2026
    Following suspected Japanese intervention, USD/JPY hovers near 157.00, recovering from an Asian-session dip to 155.71

    USD/JPY near 157 after dip; intervention chatter grows as Japan signals readiness amid dollar-supporting risks.

    4 May 2026
    Societe Generale’s Kunal Kundu says India’s March IIP rose 4.1%, easing, as core sectors fell, power softened

    India’s March IIP grew 4.1%, core sector contracted; manufacturing rose, while disruptions may hit MSMEs later.

    4 May 2026
    TD Securities economists expect the Federal Reserve to hold rates until September, tracking Iran conflict, inflation

    TD Securities expects Fed holds until September; Iran conflict, energy inflation, FOMC divisions may delay cuts.

    4 May 2026
    Commerzbank’s Nguyen says suspected intervention lifted yen, yet markets doubt BoJ inflation resolve and durability of gains

    Unconfirmed intervention lifted yen, but durability depends on Iran war, energy risks, and Bank of Japan policy.

    4 May 2026
    BNY’s Bob Savage says oil prices fluctuate as US Hormuz escorts ease fears, yet attacks resurge

    Oil prices swing on Hormuz attacks, US escorts, and OPEC+ plans to raise June 2026 output.

    4 May 2026
    Societe Generale warns Starmer faces mounting local election risk; poor results may prompt delayed leadership challenge in September

    Societe Generale warns rising political risk as Starmer faces elections, leadership challenge rumors, reshuffle speculation, no successor.

    4 May 2026
    USD/CAD climbs to 1.3617, gaining 0.22%, as Strait of Hormuz tensions bolster the US dollar

    USD/CAD climbed to 1.3617 as Hormuz tensions boosted the dollar; oil rose, jobs reports awaited Friday.

    4 May 2026
    BNP Paribas economists see UK inflation sustaining BoE tightening, while growth halves by 2026 as quarterly gains fade

    BNP Paribas forecasts UK growth slowing in 2026, inflation rising, tighter policy, elevated gilts, steady yen/sterling.

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