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May 21, 2026
FX Daily Strategy: Europe, May 21st
May 21, 2026 4:21 AM UTC
Eying risk and bonds out of Nvidia, auction and Minutes
Big picture, have some seen re-pricings within established ranges (EUR/USD 1.15-1.20 give or take)
Need to see more decisive developments on Iran and/or asset volatility to be making new strides
Global PMI data in focus
May 20, 2026
FX Daily Strategy: Asia, May 21st
May 20, 2026 9:00 PM UTC
Eying risk and bonds out of Nvidia, auction and Minutes
Big picture, have some seen re-pricings within established ranges (EUR/USD 1.15-1.20 give or take)
Need to see more decisive developments on Iran and/or asset volatility to be making new strides
Global PMI data in focus
South Africa Inflation Quickens to 4.0% y/y in April
May 20, 2026 7:29 PM UTC
Bottom Line: South Africa’s annual inflation climbed to 4.0% in April, driven by surging fuel and transport costs following the outbreak of war in Iran, according to StatsSA's May 20 announcement. Consumer prices also rose by 1.1% month-on-month. Given South Africa's reliance on fuel imports, infl
FOMC Minutes from April 29: Hawkish concerns appear broadly felt
May 20, 2026 6:54 PM UTC
FOMC minutes from April 29 show a hawkish leaning, confirming market perceptions that there was more interest in removing an easing bias from the language than revealed by the three hawkish dissents at the meeting. Should inflation remain persistent, tightening could come onto the agenda, though sho
FX Daily Strategy: APAC, May 21st
May 20, 2026 3:04 PM UTC
Eying risk and bonds out of Nvidia, auction and Minutes
Big picture, have some seen re-pricings within established ranges (EUR/USD 1.15-1.20 give or take)
Need to see more decisive developments on Iran and/or asset volatility to be making new strides
Global PMI data in focus