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Australian Dollar Slips as Weak Jobs Data Hits RBA View

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 more

Australian Dollar Falls Against Yen on Weak Data Report

May 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 […] Read more

Aussie Dollar Drops Against Kiwi on Soft Jobs Data Woes

May 21, 2026 6:01 am
Key Moments AUD/NZD retreats toward the 1.2150 area during Thursday’s Asian session after fresh selling pressure emerges. Australian unemployment rises to 4.5% in April and employment drops by 18.6K, undermining expectations for further RBA tightening. Support for a more hawkish RBNZ stance underpins NZD, adding to the downside pressure on the cross. Australian Jobs Surprise […] Read more

Canadian Dollar Lags as Weak CPI Boosts US Dollar Mood

May 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 more

Bitcoin Firms Above $77K as Markets Track Iran

May 20, 2026 2:11 pm
Key Moments Bitcoin traded 0.4% higher at $77,127.4 by 09:56 ET (13:56 GMT), stabilizing after a pullback from last week’s move above $82,000. Benchmark U.S. 10-year and 30-year Treasury yields climbed to 4.687% and 5.198%, respectively, weighing on appetite for speculative assets. A European banking consortium’s Qivalis project expanded to 37 institutions across 15 countries […] Read more

NZD Holds Firm but Limited as Geopolitics, Fed Lift USD

May 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 more

EUR/GBP Near Support on Diverging Inflation Data

May 20, 2026 12:34 pm
Key Moments EUR/GBP has traded just above the 0.8655 support area after falling nearly 0.7% this week. Eurozone HICP confirmed annual inflation at 3% in April, up from 2.6% in March, intensifying pressure on the ECB. UK inflation eased more than anticipated in April, weighing moderately on the Pound and giving the BoE room to […] Read more

Euro Rises vs CAD as Oil Slips and Inflation Softens

May 20, 2026 9:33 am
Key Moments EUR/CAD traded around 1.5960 during European hours on Wednesday as the Canadian Dollar struggled alongside weaker oil prices. Canada’s annual inflation rate rose to 2.8% in April, below expectations of 3.1%, while core inflation indicators cooled. ECB officials signaled a possible June rate hike, with a Reuters survey showing 59 of 70 economists […] Read more

Indian Rupee Near Lows on Oil and Yield Pressure

May 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 more

AUD/JPY Drops Below 113 on Strong Japan GDP

May 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 more