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5

May 2026
Heightened US-Iran tensions dampen sentiment as Sterling retraces gains, pushing GBP/USD below 1.3550 from 1.3650 highs

GBP retreats below 1.3550 as Middle East tensions boost safe-haven USD; Iran report lifts oil, risk aversion.

4

May 2026
Bob Savage says the ECB leans towards a June rate cut, unlike the BoE awaiting confirmation

ECB signals possible June rate change, while BoE waits; diverging Nordic outlooks sway European pricing.

4

May 2026
During the European session, XAU/USD slides below $4,550, with sellers targeting prior lows near $4,500

Gold slid under $4,550 as US-Iran Hormuz tensions boosted dollar; traders eye $4,500 support, bearish.

4

May 2026
BNY’s Bob Savage says ECB signals June rate cut, while BoE waits for clearer evidence, shifting stance

ECB signals potential June rate cut, diverging from cautious BoE; Nordic banks watched as tightening expectations shift.

4

May 2026
During the European session, gold dips below $4,550, with bears targeting last Thursday’s $4,500 low

Gold slips below $4,550 as risk-off dollar strength, US-Iran tensions intensify; bearish technicals point toward $4,500.

4

May 2026
Reports of Iran striking a US warship drove crude oil higher amid escalating Middle East tensions in Europe

Oil prices surged 4% as Iran reported missiles hit a US warship near Strait of Hormuz.

4

May 2026
Reuters cited Fars saying two missiles struck a US warship near Jask after it ignored Iranian warnings

Iran claims missiles hit US warship near Jask; Navy blocked Hormuz entry, markets turned risk-off.

4

May 2026
Geopolitical unrest lifts the US Dollar, sending DXY back above 98, yet within recent lower ranges

Dollar index climbed above 98 as US–Iran tensions and rising oil pressured euro, yen; markets awaited jobs data.

4

May 2026
Commerzbank says oil boosts CAD briefly, but weak economy and USMCA talks limit USD/CAD falls till Q4

Oil boosts Canadian Dollar temporarily; lasting strength needs economic improvement, clearer BoC hikes, and resolved USMCA talks.

4

May 2026
EUR/JPY hovers near 184.00, dipping 0.04%, reflecting Eurozone resilience versus intervention-backed Yen demand

EUR/JPY near 184.00 as upbeat Eurozone data and ECB stance offset safe-haven Yen demand.

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