May 12, 2026 6:03 am
Key Moments GBP/USD trades near 1.3590 in early Asian dealing as the pair loses upward momentum. Expectations for stronger April US CPI data and prolonged Middle East tensions underpin US Dollar demand. Pressure on UK Prime Minister Keir Starmer after heavy election setbacks adds to headwinds for the Pound. GBP/USD Edges Lower in Early Asian […]
Read moreMay 12, 2026 6:00 am
Key Moments USD/CAD trades around 1.3690 during Asian hours on Tuesday as safe-haven flows support the US Dollar. Escalating Middle East tensions and signals of potential military action underpin demand for the Greenback. Rising crude prices support the Canadian Dollar but complicate the Bank of Canada’s policy stance amid 2.4% annual inflation in March. Safe-Haven […]
Read moreMay 11, 2026 2:07 pm
Key Moments Bitcoin (BTC) eased below $81,000 after earlier reaching $82,380, as renewed geopolitical tensions in the Middle East weighed on sentiment. Ethereum (ETH) and XRP traded around $2,236 and $1.44 respectively, mirroring Bitcoin’s softer tone and facing key moving average resistance. Crypto spot ETFs saw mixed flows last week, with strong Bitcoin inflows offset […]
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 1:36 pm
Key Moments The Norwegian Krone has strengthened against the Dollar alongside other risk-sensitive currencies, supported by improved market sentiment and domestic policy. Norges Bank unexpectedly raised its policy rate by 25bp to 4.25% on 7 May, its first rate hike since 2023. HSBC’s economists do not anticipate a prolonged hiking cycle, as Norges Bank signaled […]
Read moreMay 11, 2026 12:37 pm
Key Moments FILE declined 4.8% to $1.13 and is trading 9.6% below its 200-day moving average at $1.25. Top traders hold a 2.28:1 long ratio with open interest at $63.9 million after a 6.9% daily increase. CoinCodex projects FILE at $0.9211 by year-end, while Blockchain.news sees a likely retest of $1.25 before renewed weakness. Macro […]
Read moreMay 11, 2026 12:23 pm
Key Moments Prolonged US-Iran tensions and political rhetoric have kept EUR/USD trading in a confined range. Markets are heavily pricing multiple ECB rate hikes by year-end, limiting further euro upside from policy expectations. EUR/USD is oscillating between support near 1.1650 and resistance around 1.18, with traders awaiting key US data releases. US Dollar Steadies as […]
Read moreMay 11, 2026 9:16 am
Key Moments NZD/USD traded above the 0.5930 area on Monday, holding within last week’s range but below Friday’s peak. China’s April CPI rose 1.2% year-on-year and PPI reached 2.8%, both exceeding market expectations. Oil prices rebounded above $100 per barrel after geopolitical headlines, reinforcing pressure on New Zealand’s oil-importing economy. New Zealand Dollar Holds Range […]
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 […]
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