May 28, 2026 1:25 pm
Key Moments Societe Generale analysts note the USD/ZAR downtrend paused after an interim low near 15.63 in January. The pair has remained constrained below its 200-day moving average and a recent resistance area around 16.80/16.92. A break below the April low of 16.12 could signal a renewed downtrend, while the SARB is forecast to lift […]
Read moreMay 28, 2026 12:59 pm
Key Moments GBP/USD trades 0.2% lower near 1.3400 during the European session, extending its recent pullback. Rising US-Iran tensions bolster safe-haven demand for the US Dollar, pushing the US Dollar Index toward 99.30. Traders look ahead to the US PCE Price Index release for April at 12:30 GMT, with consensus at 3.8% year-on-year. Geopolitics Pressure […]
Read moreMay 28, 2026 9:27 am
Key Moments GBP/JPY rebounded to the 213.80 area after touching weekly lows near 213.33, but it remained on track for a fourth straight daily decline. Rising Oil prices linked to escalating US-Iran hostilities weighed on the Japanese Yen, given the pressure higher energy costs pose for Japan’s import-reliant economy. Technical signals pointed to a corrective […]
Read moreMay 28, 2026 8:46 am
Key Moments AUD/JPY extended its pullback for a second straight session after retreating from the 114.35 area, a near two-week high. Softer Australian employment and inflation data have reduced expectations for an RBA rate hike, weighing on the Australian Dollar.
Read moreMay 28, 2026 8:42 am
Key Moments GBP/JPY recovered to the 213.80 region after touching a weekly low at 213.33, but remained lower for a fourth straight session. Heightened US-Iran tensions and rising Oil prices have added pressure on the Yen, linked to concerns over Japan’s oil-importing economy. Technical signals point to a corrective downturn, with RSI slipping toward the […]
Read moreMay 28, 2026 8:35 am
Key Moments EUR/GBP has stalled below 0.8660 after a 0.4% advance over the prior two sessions, while dips have been limited above 0.8655. Risk appetite has weakened as tensions between the US and Iran escalate, pushing Oil prices higher and denting speculative demand for the Euro. Expectations of further tightening by the ECB, contrasted with […]
Read moreMay 28, 2026 8:28 am
Key Moments EUR/JPY trades near 185.10 in early European dealings on Thursday as upside momentum eases. Rising geopolitical tensions tied to US-Iran developments support the safe-haven Japanese Yen and weigh on the cross. Key technical levels cluster around 185.65 on the upside and 184.70-184.40 on the downside, with a still-bullish broader bias. EUR/JPY Softens as […]
Read moreMay 28, 2026 8:20 am
Key Moments USD/CHF traded around 0.7895 during early European hours on Thursday as the pair extended its advance. Fresh tensions surrounding the US-Iran ceasefire supported the US Dollar while weighing on the Swiss Franc. The Swiss National Bank’s stated willingness to counter Swiss Franc strength may limit further CHF appreciation. Geopolitical Tensions Support USD Against […]
Read moreMay 28, 2026 8:11 am
Key Moments USD/CAD extended its move higher for a third straight session, reaching the 1.3870 area, the highest level since April 13. The pair held firm despite a recovery in Crude Oil prices, which typically supports the Canadian Dollar and can limit USD/CAD gains. Technical signals remained firmly bullish after a clear break above the […]
Read moreMay 28, 2026 8:08 am
Key Moments AUD falls more than 0.5% toward 0.7100 during Thursday’s Asian session amid risk-off sentiment. Softer-than-expected April CPI data reduces expectations for near-term RBA rate hikes, with June odds seen near zero and August odds cut to 40%. AUD/USD trades below its 20-period EMA and hovers near a Head and Shoulders neckline around 0.7070, […]
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