Continuum Economics

May 14, 2026

FX Daily Strategy: N America, May 14th

May 14, 2026 9:15 AM UTC

US retail sales to underscore comparative US resilience
Dollar juggles macro divergence meets reaction function divergence?
UK waits to see if PM challenge unfolds and how the machinations play out for likely winner

Chart USD/CHF Update: Drifting higher

May 14, 2026 8:11 AM UTC

Little change, as prices extend cautious trade around 0.7825/30

Chart EUR/GBP Update: Cautious trade - limited tests higher

May 14, 2026 7:58 AM UTC

Little change, as prices extend cautious trade within the 0.8650 - 0.8670 range

Psychology for major markets May 14

May 14, 2026 7:58 AM UTC

Quiet Thursday

Chart USD Index DXY Update: Consolidating - daily studies rising

May 14, 2026 7:51 AM UTC

Little change, as quite trade extends pressure on congestion resistance at 98.50

Chart EUR/USD Update: Consolidating - studies under pressure

May 14, 2026 7:42 AM UTC

The anticipated test of congestion support is giving way to consolidation

Chart GBP/USD Update: Cautious trade - studies under pressure

May 14, 2026 7:29 AM UTC

Little change, as mixed/positive intraday studies keep near-term sentiment cautious

Chart EUR/AUD Update: Weighing on 1.6130 low

May 14, 2026 7:14 AM UTC

Break of the 1.6200 level see prices back to retest the 1.6130 March current year low

UK GDP Review: GDP Upside Surprises Continue, Correction Due or Fresh Trend?

May 14, 2026 6:59 AM UTC

Perhaps it is a supreme irony that just as the Labour government tears itself apart after disastrous election results last week, the actual real economy continues to surprise on the upside. Notably, since taking office in July 2024, the economy has grown a cumulative 2%-plus, ie over 1% per year.?

Chart AUD/NZD Update: Retest 1.2235 current year high

May 14, 2026 6:47 AM UTC

Turned up in consolidation from the 1.2115 low of last week to retest the 1.2235 April current year high

EUR/GBP, GBP/USD flows: Better Q1 GDP old news, more leadership positioning

May 14, 2026 6:45 AM UTC

Rayner announces HMRC 'all clear' ready to enter the fray, still waiting on the kick off
Mar GDP better end to UK Q1 but Q2 seen flagging
Risk rally and key US yields levels provide the broader backdrop

Chart AUD/JPY Update: Retest 114.70 high

May 14, 2026 6:08 AM UTC

Break above the 114.00 level see prices extending bounce from the 111.30 low of 30 April to retest the current year high at 114.70

Chart EUR/NOK Update: Extending losses

May 14, 2026 5:53 AM UTC

Pressure remains on the downside as prices extend break of the 10.8000 level to reach fresh year low towards strong support at the 10.7000/10.6800, 2021/2022 year highs

Asia Summary and Highlights 14 May

May 14, 2026 5:18 AM UTC

Xi is meeting with Trump

Chart USD/INR Update: Extending gains

May 14, 2026 5:06 AM UTC

Break above 95.7375 see prices extending gains to fresh historic high at 95.8525

Chart USD/CNH Update: Extending losses

May 14, 2026 4:53 AM UTC

Presure remains on the downside as prices extend losses from the April 2025 year high to reach fresh low at 6.7815

FX Daily Strategy: Europe, May 14th

May 14, 2026 4:18 AM UTC

USD/JPY flows: Xi-Trump Met

May 14, 2026 4:16 AM UTC

Xi is meeting with Trump

Chart USD/IDR Updates: Lower in range from historic high

May 14, 2026 4:00 AM UTC

Turned lower in range from 17520 Tuesday's historic high as prices consolidate recent parabolic gains from the January low

Chart USD/THB Update: Extend consolidation within 32.50/32.20 area

May 14, 2026 2:40 AM UTC

Still little change, as prices extend consolidation within the 32.50/32.20 area

Chart USD/KRW Update: Consolidating gains to 1500.00 high

May 14, 2026 2:33 AM UTC

Settled back from test of the 1500.00 level as prices consolidate strong gains from the 1440.00, 6 May low

Chart USD/SGD Update: Extend corrective bounce

May 14, 2026 1:58 AM UTC

Extend bounce from support at the 1.2652 low as prices consolidate losses from the 1.2823, 29 April high

Chart GBP/USD Update: Under pressure

May 14, 2026 1:45 AM UTC

Leaning lower in choppy trade below the 1.3650 resistance to pressure support at the 1.3512/00 congestion area

Chart EUR/USD Update: Weighing on 1.1700, break in focus

May 14, 2026 1:33 AM UTC

Lower in consolidation to pressure support at the 1.1720/00 congestion area

Chart EUR/JPY Update: Lower in consolidation from 185.45 high

May 14, 2026 1:09 AM UTC

Settled into consolidation from the 185.45 Tuesday's high as intraday studies unwind overbought readings