USD/BRL eyes a support zone at 5.30/5.28 – Societe Generale
USD/BRL up move has stalled near the upper limit of an ascending channel at 5.70, Societe Generale FX strategists…
Read MoreKey highlights from Powell testimony before US Senate
https://www.youtube.com/watch?v=vv6n0oTJMRU Jerome Powell, Chairman of the US Federal Reserve (Fed), delivered the Semi-Annual Monetary Policy Report and responded…
Read MoreUSD/CNH to move towards 7.45 by year-end – Societe Generale
Third Plenum meeting is going to happen next week. The discussion around reviving the property market and consumer…
Read MoreUS Dollar ticks up with Powell issuing warnings
The US Dollar ticks up on the back of Powell's testimony. Powell warns for easing too soon. The…
Read MoreJerome Powell Speech: Fed Chair presents Semi-Annual Monetary Policy Report to Congress
Jerome Powell’s testimony in the US Congress will be a top-tier market-moving event this week. New clues on…
Read MoreDXY: Bullish momentum on daily chart intact – OCBC
The Dollar Index (DXY) rose, taking cues from higher UST yields and the run-up in USD/JPY above 160-mark.…
Read MoreEUR/USD: 2-way risks persist – OCBC
EUR slipped overnight but losses remain confined to recent range, OCBC analysts Frances Cheung and Christopher Wong note.…
Read MoreUSD/JPY: The pair visits a 37y high – OCBC
USD/JPY rises to 37y high of 160.87 overnight. Next resistance is at 161.20, OCBC analysts Frances Cheung and…
Read MoreMexican Peso weakens ahead of Banxico meeting
The Mexican Peso drifts lower on the eve of the Bank of Mexico policy meeting. The overwhelming majority…
Read MoreAustralian Dollar rises above 0.6650 against US Dollar with focus on Aussie/US Inflation
The Australian Dollar inches higher due to improved market sentiment. Australia's monthly CPI is estimated to have grown at a faster…
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