May 12, 2026 8:59 am
Key Moments NZD/USD trades near 0.5940, extending declines into a second consecutive session during early European hours on Tuesday. Renewed U.S.-Iran tensions and a potential return to military action support safe-haven flows into the U.S. Dollar. Expectations that the RBNZ may keep a cautious bias or consider tightening to steer inflation back to 2% could […]
Read moreMay 12, 2026 8:41 am
Key Moments AUD/USD retreats toward the 0.7200 area as renewed US-Iran tensions support demand for the US Dollar. Market focus turns to the upcoming US CPI release, which is set to shape expectations for a potential Fed rate hike by year-end. The pair remains above the 100-period EMA near 0.7184, with technical indicators signaling a […]
Read moreMay 12, 2026 8:10 am
Key Moments WTI extends gains for a second day. It trades near $95.80 in Asian hours on Tuesday. Tensions in the Middle East are rising. As a result, concerns over the Strait of Hormuz are increasing. A Reuters survey shows OPEC output fell in April. It reached its lowest level in over 20 years due […]
Read moreMay 12, 2026 7:26 am
Key Moments Japan is estimated to have spent over $60 billion on recent currency interventions, with limited lasting impact on USD/JPY. USD/JPY has climbed back above 157.00 despite a mixed dollar, underscoring persistent yen weakness driven by domestic fundamentals. Japan’s ministry of finance faces constraints from IMF warnings and the structure of its $1.2 trillion […]
Read moreMay 12, 2026 6:56 am
Key Moments USD/CHF extends gains for a second session, trading above 0.7800 but still close to a nearly two-month low hit last Friday. Traders focus on upcoming U.S. CPI data and possible Federal Reserve rate hike prospects, while rising U.S.-Iran tensions support the Dollar. Price action remains constrained below the 200-period 4-hour SMA at 0.7873, […]
Read moreMay 11, 2026 1:49 pm
Key Moments GBP/USD trades near 1.3614 after rebounding from an intraday low around 1.3553, though it remains down about 0.14% on the day. The US Dollar Index hovers near 98.00 after touching an intraday high close to 98.15, with downside moves limited by ongoing geopolitical tensions. GBP/USD maintains a mildly bullish technical profile while holding […]
Read moreMay 11, 2026 9:51 am
Key Moments Bank of America raised its Intel price target to $96 from $56 while reiterating an Underperform rating. BofA estimates a potential Apple foundry deal could reach about $10 billion in annual sales for Intel by 2030. Intel shares jumped 14% to a record close of $124.92, pushing year-to-date gains to nearly 240%. Apple […]
Read moreMay 11, 2026 9:07 am
Key Moments USD/CHF recovered from Friday’s low near 0.7760 but stayed capped below the 0.7800 level in early European trade. Geopolitical tensions and renewed inflation concerns supported the US Dollar, yet the pair remained below its 200-day SMA at 0.7926. Technical indicators, including an RSI around 42 and a negative MACD, continued to point to […]
Read moreMay 11, 2026 8:52 am
Key Moments USD/CAD trades around 1.3675, capped below resistance at the 100-day EMA near 1.3738. Stronger-than-expected April US Nonfarm Payrolls and steady 4.3% unemployment offer support to the US Dollar. Rising crude oil prices and renewed Middle East tensions lend underlying support to the Canadian Dollar. USD/CAD Holds Range as Labor Data and Oil Prices […]
Read moreMay 11, 2026 8:41 am
Key Moments GBP/JPY climbs from its 100-day Simple Moving Average and closes a modest weekly bearish gap, but remains just below the mid-213.00s. The British Pound is supported by reduced political uncertainty and the Bank of England’s indication that further rate hikes may be warranted if inflation stays elevated. Lingering fears of additional Japanese FX […]
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