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May 21, 2026

North American Summary and Highlights 21 May
Freemium Article

May 21, 2026 7:33 PM UTC

Overview - The USD was little changed though with some volatility on reports from the Middle East. GBP and EUR were resilient to weak PMI data. 

Chart USD/CAD Update: Extending gains
Freemium Article

May 21, 2026 3:44 PM UTC

Cautious trade above the 1.3730 recent lows has given way to anticipated gains

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Eurozone: PMI Slump Shows Energy Surge Constraining Activity, Not Just Hitting Costs
Freemium Article

May 21, 2026 8:36 AM UTC

Once again surprising on the downside flash Eurozone Composite PMI fell to 47.5 in May from 48.8 in April and below the 50.0 no-change mark for the second successive month. The latest reading thereby signalled a further and steeper m/m reduction in business activity, was the sharpest since October 2

Chart GBP/USD Update: Choppy trade - studies under pressure
Freemium Article

May 21, 2026 7:22 AM UTC

Cautious trade has given way to a spike to 1.3460~

Chart GBP/USD Update: Back to pressure 1.3450 resistance
Freemium Article

May 21, 2026 1:54 AM UTC

Bounce from the 1.3375 low has seen prices back to pressure resistance at the 1.3450 congestion

May 20, 2026

North American Summary and Highlights 20 May
Freemium Article

May 20, 2026 7:32 PM UTC

Overview - The USD slipped on hopes for progress towards peace in the Middle East. 

Chart USD/CAD Update: Choppy trade - studies rising
Freemium Article

May 20, 2026 3:17 PM UTC

Still little change, as prices extend consolidation around resistance at the 1.3760 Fibonacci retracement

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

May 20, 2026 7:26 AM UTC

Little change, as prices extend cautious trade just below congestion resistance at 1.3400

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UK CPI Review: Inflation Falls Broadly But A Calm Before the Storm?
Freemium Article

May 20, 2026 6:42 AM UTC

What are energy induced price rises are now very evident, even more so in the latest PPI data very much contrasting with the more benign picture in April’s more closely watched CPI figures. Thus, having seen headline CPI jump to 3.3% in March and where services rose to 4.5% on the back if what may

Chart GBP/USD Update: Leaning lower in consolidation
Freemium Article

May 20, 2026 1:45 AM UTC

Settling back from the outside range high at 1.3450 as prices unwind overbought intraday studies

May 19, 2026

North American Summary and Highlights 19 May
Freemium Article

May 19, 2026 7:40 PM UTC

Overview - The USD remained firm supported by higher UST yields as Middle East risks persisted. 

Chart USD/CAD Update: Room for higher - studies improving
Freemium Article

May 19, 2026 3:40 PM UTC

Still little change, as prices extend pressure on resistance at the 1.3760 Fibonacci retracement

Chart GBP/USD Update: Consolidating gains - studies under pressure
Freemium Article

May 19, 2026 7:35 AM UTC

The break above 1.3400 has met selling interest at 1.3450

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UK Labor Market: Core Wage Pressures hit New Cycle -Low as Jobs Growth into Sharp Reverse
Freemium Article

May 19, 2026 6:56 AM UTC

Even more clearly, there are further signs that the labor market is haemorrhaging jobs both clearly and broadly with fresh falls in the more authoritative measure of jobs covering payrolls.  Indeed, private sector payrolls are still falling, down over 0.8 ppt in y/y terms with the m/m drop the larg

Chart GBP/USD Update: Sharp bounce from 1.3300 support
Freemium Article

May 19, 2026 1:56 AM UTC

Bounce from support at 1.3300 congestion has seen sharp gains to test resistance at 1.3450

May 18, 2026

North American Summary and Highlights 18 May
Freemium Article

May 18, 2026 7:58 PM UTC

Overview - The USD was slightly softer with mixed headlines on Trump’s intentions regarding Iran causing some volatility. 

Chart USD/CAD Update: Consolidating - daily studies continue to rise
Freemium Article

May 18, 2026 3:55 PM UTC

Little change, as deteriorating intraday studies and flat overbought daily stochastics keep near-term sentiment cautious 

U.S. May NAHB Homebuilders Index - Still little direction in trend
Freemium Article

May 18, 2026 2:11 PM UTC

May’s NAHB homebuilders’ index of 37 has seen a stronger than expected correction from April’s dip to 34, but remains slightly below March’s index of 38 if level with those of January and February.

Chart GBP/USD Update: Limited tests higher
Freemium Article

May 18, 2026 7:34 AM UTC

Anticipated losses have reached congestion support at 1.3300

Chart GBP/USD Update: Under pressure, 1.3300 at risk
Freemium Article

May 18, 2026 1:45 AM UTC

Prices remain under pressure and see the 1.3300 level now within reach

May 15, 2026

North American Summary and Highlights 15 May
Freemium Article

May 15, 2026 7:24 PM UTC

Overview - The USD was firm supported by surging UST yields while equities came under pressure. 

Chart USD/CAD Update: Room for higher
Freemium Article

May 15, 2026 2:58 PM UTC

Consolidation has given way to anticipated further gains

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U.S. April Industrial Production - Led by a bounce in autos, but underlying trend positive
Freemium Article

May 15, 2026 1:30 PM UTC

Following an upbeat Empire Sate manufacturing survey for May, April industrial production gives further evidence that the manufacturing sector is in good health, rising by a stronger than expected 0.7% overall with a 0.6% increase in manufacturing, though half of the latter came from autos.

This week's five highlights
Freemium Article

May 15, 2026 11:00 AM UTC

U.S. CPI Subdued and one-time strength in shelter
U.S. PPI Shows Strong picture restored 
Another U.S. Data
This Week's Fed Speakers
UK GDP Upside Surprises Continue

Chart GBP/USD Update: Extending May losses
Freemium Article

May 15, 2026 7:35 AM UTC

Anticipated losses have extended in sharp selling interest