Forex

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.

AUD/JPY declines under 106.50 on safe-haven flows, Australian employment information in focus
Gold Outlook: Secure-Haven Enchantment Intact Regardless of Gaza Ceasefire
PBOC units USD/ CNY reference fee for immediately at 7.0288 (vs. estimate at 6.9945)
Fed Kugler filth: Filings present Kugler made dozens of banned trades earlier than key Fed conferences
Gold consolidates close to $4,000 amid cautious sentiment
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