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  • U.S. Dollar Drops Against Majors May 21, 2026 04:44 ET

    The U.S. dollar fell against its major counterparts in the New York session on Wednesday. The greenback fell to 1.1645 against the euro and 0.7857 against the franc, from an early 1-1/2-month high of 1.1587 and nearly a 3-week high of 0.7907, respectively. The greenback dropped to a 5-day low of...

  • NZ Dollar Rises Amid Risk-On Mood May 21, 2026 04:23 ET

    The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday, as Asian stock markets traded higher amid renewed optimism about a potential peace deal between the U.S. and Iran after U.S. President Trump said the U.S. was in the final stages of negotiations with...

  • NZ Dollar Rises Against Majors May 21, 2026 03:29 ET

    The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday. The NZ dollar rose to a 9-day high of 1.2136 against the Australian dollar, from yesterday's closing value of 1.2186. Against the U.S. dollar, the yen and the euro, the kiwi advanced to 0.5875,...

  • U.S. Dollar Ticks Lower As US-Iran Efforts For Peace Negotiations Gather Steam May 20, 2026 17:00 ET

    The U.S. Dollar value slid as indications for ending the U.S.-Iran conflict through negotiations appear prospective. U.S. President Donald Trump expressed optimism that the conflict is in the final stage, and a deal could be reached soon.

  • Market Sentiment Improves As Peace Hopes Eclipse Rate Fears May 20, 2026 06:22 ET

    Optimism about a quick end to the Middle East conflict eclipsed the anxiety surrounding the release of the FOMC minutes on Wednesday afternoon.

  • NZ Dollar Falls As Asian Stock Markets Traded Lower May 20, 2026 04:27 ET

    The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday amid increased risk aversion by the inversion, as surging crude oil prices led to a sustained acceleration in the pace of inflation and continued to drive global bond yields higher, increasing the possibility...

  • NZ Dollar Falls Against Majors May 20, 2026 03:32 ET

    The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday. The NZ dollar fell to more than a 1-month low of 0.5815 against the U.S. dollar and a 2-week low of 92.50 against the yen, from yesterday's closing quotes of 0.5833 and 92.77, respectively. Against...

  • U.S. Dollar Inches Higher Amid Ongoing Strait Of Hormuz Crisis, U.S.-Iran Standoff May 19, 2026 17:00 ET

    The U.S. Dollar value edged higher after the U.S. halted its planned attacks on Iran for today to facilitate negotiations. However, escalation concerns renewed after U.S. President Donald Trump stressed that strikes could restart anytime in the coming days if Iran is unable to strike a deal with the U.S.

  • Markets Swayed By Middle East Developments May 19, 2026 06:25 ET

    Hopes of a peaceful resolution of the Middle East conflict was renewed amid President Trump delaying further strikes on Iran.

  • U.S. Dollar Drops Against Most Majors May 19, 2026 03:41 ET

    The U.S. dollar fell against its most major counterparts in the New York session on Monday. The greenback fell to 1.1660 against the euro, from an early 1-1/2-month high of 1.1608. The greenback dropped to 0.7841 against the franc, from an early nearly 3-week high of 0.7877. The greenback declined...

  • U.S. Dollar Edges Lower As Iran Offers New Plan To US To End Gulf War May 18, 2026 17:00 ET

    The U.S. Dollar value inched lower after reports indicated that Iran has sent a new 14-point peace proposal to the U.S. through Pakistan to end the war which boosted investor sentiments. In addition, the U.S. halted its planned attack on Iran for tomorrow at the request of Gulf leaders, reducing war concerns.

  • Crude Oil Falls On Reports Of Iran Sanctions Waiver May 18, 2026 09:52 ET

    Sentiment in global markets improved as crude oil prices fell following reports in the Iranian media about a temporary waiver of sanctions on Iranian crude oil.

  • Dollar Surges As Markets Fret About Iran Impasse, Inflation May 18, 2026 08:36 ET

    The U.S. Dollar rebounded and rallied emphatically against major currencies during the week ended May 15 as the Middle East conflict drifted farther from a diplomatic resolution bolstering safe haven demand for the U.S. dollar. The greenback was also lifted by the war-led and fuel-driven inflation spike that threatened to goad the Federal Reserve towards a hawkish monetary policy stance.

  • Antipodean Currencies Fall Amid Risk-off Mood May 18, 2026 04:49 ET

    The antipodean currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Monday, as Asian stock markets traded lower, as traders remain concerned about surging crude oil prices and rising global bond yields. They also remain...

  • Yen Drops Against Majors May 18, 2026 00:51 ET

    The Japanese yen weakened against other major currencies in the Asian session on Monday. The yen fell to nearly a 3-week low of 159.07 against the U.S. dollar, nearly a 2-week low of 115.67 against the Canadian dollar and a 6-day low of 202.20 against Swiss franc, from last week's closing quotes...

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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