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	<title>Currency Thoughts</title>
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	<lastBuildDate>Tue, 12 May 2026 15:03:29 +0000</lastBuildDate>
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		<title>Double Whammy of Iran War Stalemate and Evidence of Ensuing Higher Inflation</title>
		<link>https://currencythoughts.com/2026/05/12/double-whammy-of-iran-war-stalemate-and-evidence-of-ensuing-higher-inflation/</link>
					<comments>https://currencythoughts.com/2026/05/12/double-whammy-of-iran-war-stalemate-and-evidence-of-ensuing-higher-inflation/#respond</comments>
		
		<dc:creator><![CDATA[larrygreenberg]]></dc:creator>
		<pubDate>Tue, 12 May 2026 14:26:03 +0000</pubDate>
				<category><![CDATA[New Overnight Developments Abroad - Daily Update]]></category>
		<category><![CDATA[CPI inflation in Brazil and India]]></category>
		<category><![CDATA[German and Euroland investor sentiment]]></category>
		<category><![CDATA[U.S. CPI]]></category>
		<guid isPermaLink="false">https://currencythoughts.com/?p=30557</guid>

					<description><![CDATA[Ten-year sovereign debt yields have climbed further so far this Tuesday by a dozen basis points in Great Britain, nine bps in Italy, eight bps in France and Germany, seven bps in Spain, five bps in Switzerland, and four bps in the U.S., Japan and Australia. West Texas Intermediate crude oil is back above the [&#8230;]]]></description>
		
					<wfw:commentRss>https://currencythoughts.com/2026/05/12/double-whammy-of-iran-war-stalemate-and-evidence-of-ensuing-higher-inflation/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Dollar Edges Marginally Higher, and and Equities Withstand Hawkish Language By Trump</title>
		<link>https://currencythoughts.com/2026/05/11/dollar-edges-marginally-higher-and-and-equities-withstand-hawkish-language-by-trump/</link>
					<comments>https://currencythoughts.com/2026/05/11/dollar-edges-marginally-higher-and-and-equities-withstand-hawkish-language-by-trump/#respond</comments>
		
		<dc:creator><![CDATA[larrygreenberg]]></dc:creator>
		<pubDate>Mon, 11 May 2026 21:32:41 +0000</pubDate>
				<category><![CDATA[New Overnight Developments Abroad - Daily Update]]></category>
		<category><![CDATA[China CPI and trade surplus]]></category>
		<guid isPermaLink="false">https://currencythoughts.com/?p=30555</guid>

					<description><![CDATA[(140) Developments in the U.S./Iranian stand-off seem to be exerting lessening influence on financial markets. The U.S. president called Iran&#8217;s response to his peace proposal &#8220;totally unacceptable&#8221; and warned that ceasefire is on &#8220;life support.&#8221; The dollar, which is supposed to rise when geopolitics grow tense, gained a mere 0.1% against the euro and sterling [&#8230;]]]></description>
		
					<wfw:commentRss>https://currencythoughts.com/2026/05/11/dollar-edges-marginally-higher-and-and-equities-withstand-hawkish-language-by-trump/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Next Week&#8217;s Menu: May 9-15, 2026</title>
		<link>https://currencythoughts.com/2026/05/08/next-weeks-menu-may-9-15-2026/</link>
					<comments>https://currencythoughts.com/2026/05/08/next-weeks-menu-may-9-15-2026/#respond</comments>
		
		<dc:creator><![CDATA[larrygreenberg]]></dc:creator>
		<pubDate>Fri, 08 May 2026 17:27:58 +0000</pubDate>
				<category><![CDATA[Foreign Exchange Insights and Next Week]]></category>
		<category><![CDATA[Economic Data Calendar]]></category>
		<guid isPermaLink="false">https://currencythoughts.com/?p=30552</guid>

					<description><![CDATA[Central Banks: Monetary policy reviews are scheduled in Romania and Peru. Hammack, Goolsbee and Williams have speaking engagements. So do Cipollone of the ECB and Mann of the Bank of England. A summary of the recent Bank of Japan board meeting will be published. U.S. Data Releases: Producer prices, retail sales, import prices, small business [&#8230;]]]></description>
		
					<wfw:commentRss>https://currencythoughts.com/2026/05/08/next-weeks-menu-may-9-15-2026/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Last Bank of Mexico Interest Rate Cut</title>
		<link>https://currencythoughts.com/2026/05/08/last-bank-of-mexico-interest-rate-cut/</link>
					<comments>https://currencythoughts.com/2026/05/08/last-bank-of-mexico-interest-rate-cut/#respond</comments>
		
		<dc:creator><![CDATA[larrygreenberg]]></dc:creator>
		<pubDate>Fri, 08 May 2026 14:03:03 +0000</pubDate>
				<category><![CDATA[Central Bank Watch]]></category>
		<category><![CDATA[Bank of Mexico]]></category>
		<guid isPermaLink="false">https://currencythoughts.com/?p=30550</guid>

					<description><![CDATA[The Bank of Mexico&#8217;s interest rate cut announced later yesterday had been expected but was decided by the narrowest of margins, three ayes to two nos. The bank&#8217;s statement of explanation concedes &#8220;headline inflation expectations for the end of 2026 rose while those for longer terms remained relatively stable at levels above target. Headline inflation [&#8230;]]]></description>
		
					<wfw:commentRss>https://currencythoughts.com/2026/05/08/last-bank-of-mexico-interest-rate-cut/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>U.S. Equities Withstand a Renewed U.S./Iranian Clash and Now Await April Jobs Report</title>
		<link>https://currencythoughts.com/2026/05/08/u-s-equities-withstand-a-renewed-u-s-iranian-clash-and-now-await-april-jobs-report/</link>
					<comments>https://currencythoughts.com/2026/05/08/u-s-equities-withstand-a-renewed-u-s-iranian-clash-and-now-await-april-jobs-report/#respond</comments>
		
		<dc:creator><![CDATA[larrygreenberg]]></dc:creator>
		<pubDate>Fri, 08 May 2026 12:35:38 +0000</pubDate>
				<category><![CDATA[New Overnight Developments Abroad - Daily Update]]></category>
		<category><![CDATA[Bank of Mexico]]></category>
		<category><![CDATA[German industrial production]]></category>
		<category><![CDATA[Japanese composite PMI]]></category>
		<category><![CDATA[U.S. labor market statistics]]></category>
		<guid isPermaLink="false">https://currencythoughts.com/?p=30544</guid>

					<description><![CDATA[In the Bizzaro landscape that has surrounded the Hormuz Strait impasse, the biggest clash between the U.S. and Iran in the current cease-fire followed shortly after hopeful words from President Trump that a deal to reopen that critical water passage may be reached soon. The U.S. attack on Iranian drone facilities clearly deals a blow [&#8230;]]]></description>
		
					<wfw:commentRss>https://currencythoughts.com/2026/05/08/u-s-equities-withstand-a-renewed-u-s-iranian-clash-and-now-await-april-jobs-report/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Central Bank Rate Hikes in Moldova and Norway</title>
		<link>https://currencythoughts.com/2026/05/07/central-bank-rate-hikes-in-moldova-and-norway/</link>
					<comments>https://currencythoughts.com/2026/05/07/central-bank-rate-hikes-in-moldova-and-norway/#respond</comments>
		
		<dc:creator><![CDATA[larrygreenberg]]></dc:creator>
		<pubDate>Thu, 07 May 2026 14:39:00 +0000</pubDate>
				<category><![CDATA[Central Bank Watch]]></category>
		<category><![CDATA[Bank of Norway]]></category>
		<category><![CDATA[National Bank of Moldova]]></category>
		<guid isPermaLink="false">https://currencythoughts.com/?p=30542</guid>

					<description><![CDATA[In Moldova where CPI inflation rose to 5.8% in March from 4.9% two months earlier, officials felt that they could not merely wait and see as many other monetary authorities are doing. A 150-basis point interest rate hike to 6.5% at the National Bank of Moldova today restores the peak level of restraint that had [&#8230;]]]></description>
		
					<wfw:commentRss>https://currencythoughts.com/2026/05/07/central-bank-rate-hikes-in-moldova-and-norway/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Investors Hopeful about A Path to an Enduring Deal Between the United States and Iran</title>
		<link>https://currencythoughts.com/2026/05/07/investors-hopeful-about-a-path-to-an-enduring-deal-between-the-united-states-and-iran/</link>
					<comments>https://currencythoughts.com/2026/05/07/investors-hopeful-about-a-path-to-an-enduring-deal-between-the-united-states-and-iran/#respond</comments>
		
		<dc:creator><![CDATA[larrygreenberg]]></dc:creator>
		<pubDate>Thu, 07 May 2026 12:58:21 +0000</pubDate>
				<category><![CDATA[New Overnight Developments Abroad - Daily Update]]></category>
		<category><![CDATA[Bank Negara Malaysia]]></category>
		<category><![CDATA[Euroland retail sales]]></category>
		<category><![CDATA[National Bank of Moldova]]></category>
		<category><![CDATA[National Bank of Serbia]]></category>
		<category><![CDATA[Norges Bank]]></category>
		<category><![CDATA[Swedish Riksbank]]></category>
		<guid isPermaLink="false">https://currencythoughts.com/?p=30535</guid>

					<description><![CDATA[The softer dollar, stock market rallies and lower long-term interest rates that have occurred this week rest heavily on the premise that political leaders in the United States and Iran now have strong incentives to strike a deal after absorbing considerable pain from their ten-week-old war, rising energy costs and voter disapproval of President Trump [&#8230;]]]></description>
		
					<wfw:commentRss>https://currencythoughts.com/2026/05/07/investors-hopeful-about-a-path-to-an-enduring-deal-between-the-united-states-and-iran/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>National Bank of Georgia</title>
		<link>https://currencythoughts.com/2026/05/06/national-bank-of-georgia/</link>
					<comments>https://currencythoughts.com/2026/05/06/national-bank-of-georgia/#respond</comments>
		
		<dc:creator><![CDATA[larrygreenberg]]></dc:creator>
		<pubDate>Wed, 06 May 2026 13:52:54 +0000</pubDate>
				<category><![CDATA[Central Bank Watch]]></category>
		<category><![CDATA[National Bank of Georgia]]></category>
		<guid isPermaLink="false">https://currencythoughts.com/?p=30533</guid>

					<description><![CDATA[The National Bank of Georgia raised its policy interest rate by 25 basis points to 2.25% today. That was the first increase since a 50-basis point hike to 11.0% in March of 2022, right after Russia invaded nearby Ukraine. A release statement proclaims that the decision &#8221; is aimed at keeping inflation expectations firmly anchored [&#8230;]]]></description>
		
					<wfw:commentRss>https://currencythoughts.com/2026/05/06/national-bank-of-georgia/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>A Buoyed Appetite for Risk in World Financial Markets</title>
		<link>https://currencythoughts.com/2026/05/06/a-buoyed-appetite-for-risk-in-world-financial-markets/</link>
					<comments>https://currencythoughts.com/2026/05/06/a-buoyed-appetite-for-risk-in-world-financial-markets/#respond</comments>
		
		<dc:creator><![CDATA[larrygreenberg]]></dc:creator>
		<pubDate>Wed, 06 May 2026 12:50:06 +0000</pubDate>
				<category><![CDATA[New Overnight Developments Abroad - Daily Update]]></category>
		<category><![CDATA[April 2026 composite purchasing manager surveys]]></category>
		<category><![CDATA[Central Bank of Azerbaijan]]></category>
		<category><![CDATA[Euroland PPI]]></category>
		<category><![CDATA[National Bank of Georgia]]></category>
		<category><![CDATA[National Bank of Poland]]></category>
		<guid isPermaLink="false">https://currencythoughts.com/?p=30525</guid>

					<description><![CDATA[President Trump paused the confrontational program of militarily escorting ships through the Strait of Hormuz in opposition to the Iranian-imposed blockade. He claimed progress toward a peace deal from revised details that Iran reportedly offered. The U.S. blockade will continue until a deal is finalized. Once trade is again going through the Strait without military [&#8230;]]]></description>
		
					<wfw:commentRss>https://currencythoughts.com/2026/05/06/a-buoyed-appetite-for-risk-in-world-financial-markets/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>A Third Hike in Australia&#8217;s Official Cash Rate</title>
		<link>https://currencythoughts.com/2026/05/05/a-third-hike-in-australias-official-cash-rate/</link>
					<comments>https://currencythoughts.com/2026/05/05/a-third-hike-in-australias-official-cash-rate/#respond</comments>
		
		<dc:creator><![CDATA[larrygreenberg]]></dc:creator>
		<pubDate>Tue, 05 May 2026 13:35:41 +0000</pubDate>
				<category><![CDATA[Central Bank Watch]]></category>
		<category><![CDATA[Reserve Bank of Australia]]></category>
		<guid isPermaLink="false">https://currencythoughts.com/?p=30522</guid>

					<description><![CDATA[After three straight 25-basis point increases of the Reserve Bank of Australia&#8216;s Official Cash Rate, the rate level of 4.35% is back to this decade&#8217;s high maintained from November 2023 until February 2025 and matches the otherwise most restrictive level since early 2011. Australian consumer price inflation of 4.7% stands at a 30-month high. A [&#8230;]]]></description>
		
					<wfw:commentRss>https://currencythoughts.com/2026/05/05/a-third-hike-in-australias-official-cash-rate/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
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