Trading news
May 6, 2026
USD/CHF falls to near 0.7800 as US Dollar struggles on risk-on mood
USD/CHF loses ground for the second successive day, trading around 0.7800 during the Asian hours on Wednesday. The pair declines as the US Dollar (USD) weakens amid rising optimism that Washington could secure a deal with Iran.
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May 6, 2026
EUR/JPY bounces to 183.40 after dropping to 182.05 in a suspected intervention
The Euro (EUR) has dropped sharply against the Japanese Yen (JPY) on Wednesday, falling from levels just below 185.00 to 182.05 before returning to 183.40 at the time of writing. Similar moves in other Yen crosses point to another intervention of the Japanese Ministry of Finance (MOF)-
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