May 21, 2026 6:23 am
Key Moments AUD/USD trades near 0.7120 after earlier gains of more than 0.5% faded during Thursday’s Asian session. Australia’s Unemployment Rate rose to 4.5% in April and Employment Change fell by 18.6K, sharply missing expectations. Ongoing US-Iran negotiations and threats over potential military action support a firm US Dollar and weigh on AUD/USD. Australian Labor […]
Read moreMay 20, 2026 2:20 pm
Key Moments USD/CAD is trading around 1.3773, with the pair more than one standard deviation above Scotiabank’s fair-value estimate of 1.3567. A downside surprise in Canadian CPI, including unexpected softness in services, is weighing on CAD despite strength in core goods. Scotiabank strategists see a bullish USD setup, with gains through 1.3758 opening scope for […]
Read moreMay 20, 2026 1:51 pm
Key Moments NZD/USD trades near 0.5850 on Wednesday, up 0.22%, but further upside remains capped by sustained demand for the US Dollar. Safe-haven flows into the Dollar are underpinned by geopolitical tensions following comments from US President Donald Trump on possible renewed military action against Iran. The PBOC keeps key Loan Prime Rates unchanged for […]
Read moreMay 20, 2026 1:24 pm
Key Moments U.S. equity index futures traded higher, with Nasdaq 100 futures up by 208 points, or 0.7%, ahead of Nvidia’s quarterly earnings release. Analog Devices advanced after agreeing to buy Empower Semiconductor for about $1.5 billion in cash to expand its AI-oriented power management business. Energy stocks including Chevron, Exxon Mobil, and several oil […]
Read moreMay 20, 2026 9:20 am
Key Moments USD/INR trades close to 97.00, hovering near its all-time high as the Rupee lags major peers. WTI Oil trades near $101.80, over 50% higher since the start of the Middle East conflict, intensifying pressure on oil-importing economies such as India. Foreign Institutional Investors turned net sellers on Tuesday, offloading Indian equities worth Rs. […]
Read moreMay 20, 2026 8:37 am
Key Moments JPMorgan has officially launched its Chase digital retail bank in Germany, making the app available for download and the website operational. Germany becomes Chase’s second European market, following its earlier entry into Britain in 2021. The German offering starts with a free savings account, with additional accounts and products planned for next year. […]
Read moreMay 20, 2026 8:19 am
Key Moments: AUD/JPY trades near 112.90 in early European dealings on Wednesday after losing momentum below 113.00. Japan’s Q1 2026 GDP growth of 2.1% annualized and 0.5% quarter-on-quarter exceeds prior readings and forecasts, supporting the JPY. The broader AUD/JPY uptrend remains intact above the 100-day SMA, with key support at 112.45 and resistance at 113.65. […]
Read moreMay 20, 2026 6:51 am
Key Moments GBP/USD trades near 1.3390 in Asian hours, extending its decline for a second consecutive session as the US Dollar benefits from risk aversion linked to Middle East tensions. UK unemployment edges up to 5% over the three months to March, from 4.9% in the prior three-month period, while softer wage dynamics give the […]
Read moreMay 20, 2026 6:02 am
Key Moments EUR/USD trades around 1.1600 in Asian hours after modest prior-session losses, with downside risk seen from safe-haven US Dollar demand linked to Middle East tensions. US President Donald Trump threatened to resume strikes on Iran within days, reinforcing risk aversion after Tehran’s proposal to end the US-Israeli conflict. Hawkish European Central Bank commentary […]
Read moreMay 19, 2026 2:10 pm
Key Moments Amazon has stopped supporting Kindle e-readers released in 2012 and earlier, blocking new book downloads and software updates after May 20. The company is steering users toward newer models with a 20% device discount and $20 in e-book credits, with current Kindle prices ranging from $110 to $680. Long-time Kindle owners are stockpiling […]
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