May 13, 2026 7:59 am
Key Moments EUR/USD has been trading in a narrow band below the mid-1.1700s after sharp losses in the prior session. Stronger-than-expected US CPI and fading prospects for a US-Iran agreement have supported the USD and restrained euro gains. Technical signals show easing bullish momentum, with key support near 1.1715 and 1.1692 watched for potential downside […]
Read moreMay 13, 2026 7:04 am
Key Moments NZD/USD traded near 0.5940 during Asian hours on Wednesday, extending its decline for a second straight session. RBNZ two-year inflation expectations rose to 2.53% for Q2 2026, while one-year expectations jumped to 3.41%. Markets have fully priced in a July rate hike as energy-driven inflation pressures persist, even as core inflation remained within […]
Read moreMay 13, 2026 6:33 am
Key Moments GBP/USD trades in a tight range below 1.3550 after failing to extend a rebound from the 1.3500 area. Political turmoil in the UK and renewed expectations for a Federal Reserve rate hike weigh on the Pound. US inflation data and Middle East tensions bolster the Dollar and keep the near-term bias for GBP/USD […]
Read moreMay 13, 2026 6:08 am
Key Moments XAG/USD has risen for six consecutive sessions, trading near $86.80 per troy ounce during Asian hours on Wednesday. Persistent tensions around the Strait of Hormuz and elevated oil prices threaten to lift inflation and pressure Silver as a non-yielding asset. Stronger April CPI data at 0.6% month-on-month and 3.8% year-on-year has reinforced expectations […]
Read moreMay 13, 2026 5:59 am
Key Moments AUD/USD trades around 0.7240 during Wednesday’s Asian session, supported by a hawkish Reserve Bank of Australia stance. The RBA lifted its cash rate to 4.35% on May 5, its third straight increase this year, aligning with market expectations. Markets focus on upcoming US PPI data and the Trump-Xi summit in Beijing, with potential […]
Read moreMay 12, 2026 2:26 pm
Key Moments The latest Monthly Energy Review from the EIA reported that total U.S. energy production in 2025 rose 3.4% from the prior record set in 2024. U.S. crude oil output reached an all-time high of 13.6 million barrels per day, a 3% increase compared with a year earlier. Persistent strength in U.S. production coincides […]
Read moreMay 12, 2026 1:48 pm
Key Moments Aluminum trades above $3,500/t. Analysts now see $4,000/t on the horizon as a 1.4Mt deficit builds. The Iran war and the Strait of Hormuz closure have cut exports. As a result, global supply has tightened. Speakers at the summit said priorities are shifting. Security of supply now matters as much as decarbonization. Supply […]
Read moreMay 12, 2026 1:09 pm
Key Moments Bank of America reports total card spending per household increased 4.8% year-over-year in April and 0.6% month-over-month on a seasonally adjusted basis. Category performance was uneven, with higher gas spending and solid online retail offset by declines at department stores, home improvement chains, airlines, and clothing retailers. Bank of America estimates a roughly […]
Read moreMay 12, 2026 12:35 pm
Key Moments EUR/GBP touched a three-week high at 0.8697 before easing to around 0.8679, up about 0.25% on the day. UK political pressure on Prime Minister Keir Starmer weighed on the Pound, while the Euro also struggled amid Middle East-related energy concerns. The cross remains capped beneath the 100-day and 200-day SMAs, with initial resistance […]
Read moreMay 12, 2026 11:01 am
Key Moments GBP/USD trades near 1.3530 on Tuesday, down 0.59%, as risk aversion favors the US Dollar. US political tensions with Iran and upcoming US CPI data underpin a 0.35% rise in the DXY to around 98.30. UK Labour Party setbacks and calls for Prime Minister Keir Starmer to resign add pressure on Sterling ahead […]
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