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Sterling-Yen Weakens Ahead of UK Inflation Data

May 20, 2026 7:49 am
Key Moments GBP/JPY trades below 213.00, down just over 0.10%, after a second session of subdued performance. UK political uncertainty and speculation over potential Japanese intervention are shaping short-term moves. Traders are focused on the upcoming UK CPI release, expected at 2.6% YoY for core inflation, to gauge Bank of England policy prospects. GBP/JPY Under […] Read more

Safe-Haven Flows Lift Dollar as CHF Slips on GDP

May 20, 2026 7:46 am
Key Moments: USD/CHF traded around 0.7890 in Asian hours on Wednesday, extending gains for a second consecutive session. The US 30-Year Treasury Yield eased to 5.181% after touching a near 19-year high of 5.200% on Wednesday. Swiss Q1 GDP rose 0.5% quarter-on-quarter, the strongest quarterly expansion in a year. Dollar Advances Against Franc on Renewed […] Read more

EUR/JPY Weakens as Pair Trades Below Key Moving Averages

May 20, 2026 7:01 am
Key Moments EUR/JPY has declined for a second straight session, trading near 184.30 during Asian hours on Wednesday. The pair is holding below both the nine-day and 50-day EMAs, with the 14-day RSI around 44 signaling muted momentum. Technical levels highlight potential downside toward 181.87 and 180.81, while resistance is clustered around 184.71 and 184.84. […] Read more

Pound Slips as Safe-Haven Dollar Gains Demand

May 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 more

Kiwi Slides as Strong U.S. Dollar Weighs on Mood

May 20, 2026 6:28 am
Key Moments NZD/USD trades near 0.5820 in Wednesday’s Asian session as the New Zealand Dollar weakens against the U.S. Dollar. Market participants reassess the likelihood of further Federal Reserve tightening after a stronger U.S. inflation reading. The People’s Bank of China keeps its one-year and five-year Loan Prime Rates unchanged at 3.00% and 3.50% in […] Read more

PBOC Raises Yuan Fixing Slightly Against Dollar

May 20, 2026 6:20 am
Key Moments The People’s Bank of China set the USD/CNY central parity at 6.8397 for Wednesday’s session. The new fixing compares with the previous day’s reference rate of 6.8375. The official fixing came in above a Reuters estimate of 6.8072. Latest USD/CNY Central Parity Fixing On Wednesday, the People’s Bank of China (PBoC) set the […] Read more

AUD/USD Slips on Middle East Risks, RBA Outlook

May 20, 2026 6:14 am
Key Moments AUD/USD trades near 0.7095 in early Asian dealings on Wednesday as risk sentiment softens. RBA minutes show eight of nine board members supported a May rate hike to 4.35% amid rising inflation risks linked to the Gulf conflict. The PBOC keeps its one-year and five-year Loan Prime Rates unchanged at 3.00% and 3.50%, […] Read more

USD Stays Strong vs CAD Ahead of FOMC Minutes

May 20, 2026 6:10 am
Key Moments USD/CAD stayed supported above the mid-1.3700s after retreating from the 1.3775 area, its highest level since mid-April. Geopolitical tensions and expectations of a Federal Reserve rate hike in 2026 continued to bolster the US Dollar and US Treasury yields. Firm Crude Oil prices helped cushion the Canadian Dollar despite weaker Canadian inflation data. […] Read more

Euro Nears 1.1600 Amid Mixed Geopolitical Signals

May 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 more

Bitcoin Slides Below $77K on ETF Outflow Fears

May 20, 2026 5:49 am
Key Moments Bitcoin fell below $77,000 after failing to break above its 200-day moving average near $82,000. Global Bitcoin ETPs saw weekly outflows of 24,303 BTC, the largest of the year and the ninth-largest five-day outflow since US spot BTC ETFs launched. At the time of publication on Tuesday, Bitcoin was trading at $76,800, down […] Read more