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Monetary & Foreign exchange Market Recap – Might 6, 2026

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Monetary & Foreign exchange Market Recap – Might 6, 2026



U.S.-Iran peace deal optimism despatched oil tumbling greater than 7% and lifted the S&P 500 to file highs, whereas the greenback broadly retreated throughout main forex pairs.

U.S. Retail Gross sales Rose 0.5% in April 2026 — However Is It Actual Development?
EUR/USD eases from highs regardless of shiny Eurozone employment, GDP information
Australian Greenback corporations as hotter inflation dims expectations of RBA easing
The Indian Rupee’s reduction rally pauses after the surprisingly hawkish Fed, Hormuz tensions
USD/JPY returns under 147.00 amid generalized Greenback weak spot
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