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Holds Usdcad Support. Bouncing Higher. Can the Buyers Keep the Momentum Going?

The USDCAD is pushing higher in early North American trading after buyers successfully defended a key technical support zone during the European session correction. Earlier in the day, the pair slipped back below its 200-hour moving average at 1.3627 (green line on the cha

  • mohammad501ps@gmail.com
  • May 7, 2026
  • macro

SEK: Riksbank Holds as Low Inflation Buys Time – Nomura Nomura’s Research Analysts Note That the the Central Bank of

SEK: Riksbank holds as low inflation buys time – Nomura Nomura's research analysts note that the the central bank of Sweden, Riksbank kept its policy rate at 1.75% in May, maintaining a wait-and-see stance as weak inflation offsets upside risks from global energy prices and the...</strong

  • mohammad501ps@gmail.com
  • May 7, 2026
  • macro

Riksbank Holds Rates at 1.75% Amid Low Inflation Pressures

Sweden’s central bank keeps borrowing costs steady as subdued inflation counters global energy and geopolitical risks. The Riksbank left its benchmark interest rate unchanged at 1.75% in May, opting for a cautious approach as weak domestic inflation offsets external pressu

  • mohammad501ps@gmail.com
  • May 7, 2026
  • forex

Gold Prices Cling to Two-Week Peak on US-Iran Deal Speculation

XAU/USD remains elevated as traders weigh potential US-Iran negotiations reducing safe-haven demand for USD. Gold (XAU/USD) held steady near two-week highs Thursday, supported by geopolitical developments as markets monitor progress toward a possible US-Iran peace agreemen

  • mohammad501ps@gmail.com
  • May 7, 2026
  • stocks

Luxury Shares Climb on Middle East Diplomatic Progress

Investors bet on improved consumer sentiment in key markets as geopolitical tensions ease, lifting high-end retail stocks. Shares of luxury goods companies rose as diplomatic efforts in the Middle East fueled optimism about regional stability. The sector, sensitive to geop

  • mohammad501ps@gmail.com
  • May 7, 2026
  • crypto

Bitcoin Cash Leads CoinDesk 20 Lower With 1.2% Drop

BCH declines 1.2% as the CoinDesk 20 index extends losses, with Near Protocol also under pressure. Bitcoin Cash (BCH) fell 1.2% on Thursday, dragging the CoinDesk 20 index lower as cryptocurrency markets faced renewed selling pressure. The decline marked one of the steepes

  • mohammad501ps@gmail.com
  • May 7, 2026
  • crypto

Bitcoin Cash Slide Drags CoinDesk 20 Index Down 1.2%

BCH decline marks the largest drop among tracked assets, weighing on the broader digital asset benchmark. Bitcoin Cash (BCH) fell 1.2% in the latest session, leading the CoinDesk 20 index lower. The drop represents the steepest decline among the 20 tracked digital assets,

  • mohammad501ps@gmail.com
  • May 7, 2026
  • politics

Middle East Truce Hopes Lift TSX Futures Ahead of Open

Investor sentiment improves as diplomatic efforts raise prospects for de-escalation in the Middle East conflict. TSX futures edged higher in pre-market trading as optimism grew over potential progress in Middle East peace negotiations. The move reflects reduced geopolitica

  • mohammad501ps@gmail.com
  • May 7, 2026
  • central_banks

Chile Central Bank Considered April Rate Increase on Global Risks

Minutes reveal policymakers debated tightening monetary policy amid heightened global economic uncertainty last month. Chile’s central bank discussed raising interest rates in April due to rising global uncertainty, according to recently released minutes. The debate reflec

  • mohammad501ps@gmail.com
  • May 7, 2026
  • crypto

Mysten Labs’ Abiodun: Sui Processed over $1 Trillion in Stablecoin Volume Since August as It Eyes Free, Private Payments

Mysten Labs’ Abiodun says Sui processed over $1 trillion in stablecoin volume since August as it eyes free, private payments

  • mohammad501ps@gmail.com
  • May 7, 2026
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