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May 05, 2026

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UK GDP Preview (May 14): March GDP Drop Expected, Correction or Fresh Trend?
Paying Article

May 5, 2026 10:16 AM UTC

Before the outbreak of the Iran War there was already a split within the MPC about the policy outlook and that such divisions may have been accentuated by the much stronger than expected February GDP update which showed a m/m rise of 0.5%, the strongest in 14 months.  This is likely to have been ab

Chart EUR/CHF Update: Room for lower
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May 5, 2026 9:34 AM UTC

Little change, as prices extend cautious trade within the 0.9150 - 0.9160 support

FX Weekly Strategy: May 4th-8th
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May 5, 2026 8:52 AM UTC

RBA Signals Last Hike for Now
U.S. Non-Farm Payrolls Not as strong as March but some positive signals
And Other U.S. Data
Sweden Riksbank On Hold and Most Likely Still For Some Time
Canada April Employment A modest gain with stable unemployment

USD, JPY flows: JPY soft as risk recovers, but...
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May 5, 2026 8:47 AM UTC

Riskier currencies rally after early dip, JPY weakness remains

Psychology for major markets May 5
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May 5, 2026 8:42 AM UTC

Iran parliament speaker says US has jeopardised shipping security through Strait of Hormuz

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U.S. Labour: In Praise of Older Workers
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May 5, 2026 8:32 AM UTC

·       While financial pressures are prompting U.S. workers to delay retirement and work longer, this is not being realized due to deteriorating health/labour market skills mismatches and other issues. More work from older workers is unlikely to be the solution to shrinking net immigration.

Chart USD/CHF Update: Cautious trade
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May 5, 2026 8:30 AM UTC

The anticipated test below congestion support at 0.7800 has bounced from above the 0.7770 Fibonacci retracement

Chart EUR/GBP Update: Cautious trade - studies under pressure
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May 5, 2026 8:08 AM UTC

Cautious trade around support at 0.8613/20 has given way to a drift higher

Chart USD Index DXY Update: Limited tests higher
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May 5, 2026 7:58 AM UTC

Anticipated losses have bounced from above support at the 97.63 monthly low of 17 April

Chart EUR/USD Update: Cautious trade - studies under pressure
Paying Article

May 5, 2026 7:45 AM UTC

The sharp pullback from the 1.1785 weekly high of 1 May is giving way to consolidation within the 1.1670 - 1.1700 range

Chart GBP/USD Update: Leaning lower
Freemium Article

May 5, 2026 7:30 AM UTC

The anticipated test above 1.3600 has been pushed back from 1.3660

Chart AUD/JPY Update: Leaning lower in consolidation
Paying Article

May 5, 2026 7:22 AM UTC

Leaning lower in consolidation from the 113.30 Monday's bounce high as prices unwind overbought intraday studies

Chart EUR/AUD Update: Higher in consolidation from 1.6250 low
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May 5, 2026 6:53 AM UTC

Higher in consolidation from the 1.6250 low as prices unwind oversold intraday studies

USD flows: Mild USD bid as US and Iran skirmish
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May 5, 2026 6:45 AM UTC

USD seeing modest bid as US and Iran skirmish with AUD slipping lower

Chart AUD/NZD Update: Consolidating below 1.2235 current year high
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May 5, 2026 6:40 AM UTC

Leaning lower from the 1.2235 high of last week as prices consolidate recent gains from the 1.1930, 27 March low

Chart USD/CNH Update: Extend consolidation
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May 5, 2026 5:55 AM UTC

Limited on break of the 6.8270 support as prices turned up in consolidation from 6.8160 low

Chart USD/INR Update: Fresh historic high
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May 5, 2026 5:36 AM UTC

Consolidation below the 95.3300 high has given way to gains to reach fresh historic high at 95.4000 level

FX Weekly Strategy: Europe, May 4th-8th
Paying Article

May 5, 2026 5:32 AM UTC

RBA Signals Last Hike for Now
U.S. Non-Farm Payrolls Not as strong as March but some positive signals
And Other U.S. Data
Sweden Riksbank On Hold and Most Likely Still For Some Time
Canada April Employment A modest gain with stable unemployment

Asia Summary and Highlights 5 May
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May 5, 2026 5:31 AM UTC

The RBA March meeting hike rates to 4.35% on a 8-1 vote

AUD/USD flows: Last hike for now
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May 5, 2026 5:23 AM UTC

The RBA March meeting hike rates to 4.35% on a 8-1 vote

RBA Review: Last Hike for Now?
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May 5, 2026 5:14 AM UTC

The RBA March meeting hike rates to 4.35% on a 8-1 vote
Forward guidance seems to signal last hike for now

Chart USD/IDR Updates: Fresh historic high
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May 5, 2026 4:24 AM UTC

Consolidation below 17370 high of last week gave way to rebound from 17240 low to reach fresh historic high at 17415

USD/JPY flows: Project Freedom Soon Begin?
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May 5, 2026 3:52 AM UTC

Iran launches boats, missiles and drones at U.S. warships in Hormuz confrontation

Chart USD/THB Update: Extending bounce from April low
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May 5, 2026 3:01 AM UTC

Consolidation around the 32.50 level has given way to extension of gains from the April low to approach the 32.85 April high

Chart USD/KRW Update: Extend consolidation above 1470.00 support
Paying Article

May 5, 2026 2:45 AM UTC

No follow-through on break of the 1472.00/1470.00 support as prices settled into consolidation within the 1480.00/1470.00 area