May 13, 2026 7:04 am
Key Moments NZD/USD traded near 0.5940 during Asian hours on Wednesday, extending its decline for a second straight session. RBNZ two-year inflation expectations rose to 2.53% for Q2 2026, while one-year expectations jumped to 3.41%. Markets have fully priced in a July rate hike as energy-driven inflation pressures persist, even as core inflation remained within […]
Read moreMay 13, 2026 6:42 am
Key Moments Bitcoin (BTC) trades around $81,200 on Wednesday, consolidating below the 200-day EMA at $82,037 while holding above key Fibonacci and moving average support. Ethereum (ETH) changes hands near $2,289, hovering just above its 50-day EMA at $2,275 and facing resistance from the 100-day and 200-day EMAs. XRP trades at $1.45, supported by its […]
Read moreMay 13, 2026 6:33 am
Key Moments GBP/USD trades in a tight range below 1.3550 after failing to extend a rebound from the 1.3500 area. Political turmoil in the UK and renewed expectations for a Federal Reserve rate hike weigh on the Pound. US inflation data and Middle East tensions bolster the Dollar and keep the near-term bias for GBP/USD […]
Read moreMay 13, 2026 6:22 am
Key Moments USD/JPY trades around 157.70, extending a three-day winning streak during Asian hours on Wednesday. Japan’s current account surplus rose to JPY 4,681.5 billion in March, beating expectations of JPY 3,879 billion and marking a record high. April US CPI increased 0.6% month-over-month, lifting the annual rate to 3.8% and reinforcing expectations of higher-for-longer […]
Read moreMay 13, 2026 5:59 am
Key Moments AUD/USD trades around 0.7240 during Wednesday’s Asian session, supported by a hawkish Reserve Bank of Australia stance. The RBA lifted its cash rate to 4.35% on May 5, its third straight increase this year, aligning with market expectations. Markets focus on upcoming US PPI data and the Trump-Xi summit in Beijing, with potential […]
Read moreMay 12, 2026 1:26 pm
Key Moments India is weighing emergency policy options to safeguard foreign exchange reserves as higher Oil prices strain the current account. The Reserve Bank of India has already stepped in to stabilize the Indian Rupee after it reached a record low, with reserves at $690.7bn as of May 1. Potential steps span domestic fuel price […]
Read moreMay 12, 2026 12:35 pm
Key Moments EUR/GBP touched a three-week high at 0.8697 before easing to around 0.8679, up about 0.25% on the day. UK political pressure on Prime Minister Keir Starmer weighed on the Pound, while the Euro also struggled amid Middle East-related energy concerns. The cross remains capped beneath the 100-day and 200-day SMAs, with initial resistance […]
Read moreMay 12, 2026 11:01 am
Key Moments GBP/USD trades near 1.3530 on Tuesday, down 0.59%, as risk aversion favors the US Dollar. US political tensions with Iran and upcoming US CPI data underpin a 0.35% rise in the DXY to around 98.30. UK Labour Party setbacks and calls for Prime Minister Keir Starmer to resign add pressure on Sterling ahead […]
Read moreMay 12, 2026 10:12 am
Key Moments Bitcoin was up 0.5% at $81,276.1 by 01:06 ET (05:06 GMT), after touching $82,000 over the weekend. Reports that U.S. President Donald Trump is weighing additional military options against Iran kept risk appetite subdued. Traders are focused on upcoming U.S. CPI data for signs that higher oil and gas prices from the Iran […]
Read moreMay 12, 2026 9:22 am
Key Moments GBP/JPY trades near 213.00, down more than 0.40% as heavy selling emerges. Stronger safe-haven demand for JPY follows signals of joint US-Japan action on FX volatility and a hawkish BoJ tone. UK political turmoil, with over 70 Labour MPs urging Prime Minister Keir Starmer to resign, further pressures the Pound. GBP/JPY Retreats After […]
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