May 22, 2026 6:02 am
Key Moments GBP/USD traded around 1.3425-1.3430 in a tight Asian-session range, staying capped near its 100-day EMA. Mixed Bank of England commentary and UK political uncertainty limited upside for the British Pound. Geopolitical tensions involving Iran and hawkish Federal Reserve expectations continued to bolster the US Dollar. GBP/USD Trapped in Tight Band Despite Weekly Gain […]
Read moreMay 21, 2026 1:05 pm
Key Moments Australian unemployment rose to 4.5% in April, with total employment declining by 18.6k and a larger share of full-time job losses. Composite PMIs dropped from 50.4 to 47.8, reinforcing expectations that the RBA will maintain a cautious policy stance after its May rate hike. ING’s Francesco Pesole keeps a bullish year-end view on […]
Read moreMay 21, 2026 10:50 am
Key Moments IBM (NYSE:IBM) shares climbed 6.6% Thursday after the Commerce Department said the company will receive $1 billion in quantum computing funding. The $1 billion award is part of a $2 billion U.S. government package spread across nine quantum-computing companies, including equity stakes. GlobalFoundries (NASDAQ:GFS) is set to receive $375 million, while most other […]
Read moreMay 21, 2026 9:37 am
Key Moments RaboResearch analysts argue the Iran War could accelerate a move away from unified oil pricing toward regionalized energy blocs. The team highlights the risk that energy flows increasingly follow geopolitically constrained supply chains tied to security pacts and currency arrangements. Rabobank frames its analysis as a scenario, not a formal forecast, emphasizing potential […]
Read moreMay 21, 2026 8:45 am
Key Moments Nvidia projected second-quarter revenue of $91 billion, plus or minus 2%. This beat LSEG estimates of $86.84 billion. It also announced an $80 billion share buyback plan. CEO Jensen Huang highlighted the new “Vera” CPU line. It targets a $200 billion market. Nvidia expects up to $20 billion in revenue from it by […]
Read moreMay 21, 2026 8:21 am
Key Moments EUR/JPY trades around 184.75 in early European hours on Thursday, with momentum indicators signaling a neutral tone. Stronger-than-forecast Japanese Q1 GDP, at an annualized 2.1% versus expectations of 1.7%, may offer support to JPY. Traders monitor potential FX intervention by Japanese authorities and hawkish rhetoric from ECB officials ahead of a possible June […]
Read moreMay 21, 2026 8:05 am
Key Moments: EUR/USD trades in a narrow range above 1.1600 after rebounding from the 1.1585-1.1580 zone, its weakest level since April 7. Geopolitical tensions around Iran and firm expectations for a 2026 Fed rate hike underpin the USD and cap euro gains. Bearish technical bias persists below key Fibonacci levels and the 200-period SMA on […]
Read moreMay 21, 2026 7:29 am
Key Moments USD/CHF trades near 0.7870 in Asian hours on Thursday after a prior session of modest losses. US Dollar sentiment is supported by fraught US-Iran negotiations and Federal Reserve minutes pointing to potential rate hikes if inflation stays above 2%. Switzerland’s economy grows 0.5% quarter-on-quarter in Q1, its strongest quarterly expansion in a year. […]
Read moreMay 21, 2026 7:15 am
Key Moments XRP recorded steady spot ETF inflows, extending its recent streak of positive flows and supporting sentiment despite broader market weakness. XLM rebounded from key technical support near $0.143, with derivatives and on-chain signals suggesting early stabilization. Improved risk appetite, driven by easing geopolitical tensions and firmer crypto market tone, has supported recovery attempts […]
Read moreMay 21, 2026 6:16 am
Key Moments AUD/JPY trades around 113.60 during Asian hours on Thursday, giving back part of the prior session’s gains of over 0.5%. Australia’s Unemployment Rate rises to 4.5% in April, while Employment Change drops by 18.6K against expectations for a 17.5K increase. Japan posts a merchandise trade surplus of JPY 301.9 billion, with exports up […]
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