United States Redbook Index (YoY) dipped from previous 9.6% to 8.1% in May 15

May 19, 2026

British Pound: Fiscal relief supports recovery versus US Dollar – MUFG

MUFG's Lee Hardman highlights a sharp GBP rebound, with GBP/USD back above 1.3400 as reports suggest Andy Burnham would keep existing United Kingdom (UK) fiscal rules.

Australian Dollar: RBA seen on hold until August hike – TD Securities

TD Securities interprets the Reserve Bank of Australia (RBA) May Minutes as reinforcing a preference to stay on the sidelines near term, with markets pricing only a small chance of a June hike.